Found 2 blog entries tagged as million dollar listings.

Tri-Cities Luxury Housing Market Cools as Buyers Gain More Leverage

The top end of the Tri-Cities housing market has shifted in a meaningful way. Luxury homes priced at $1 million or more are still selling for about the same prices they did a year ago, but they are taking longer to sell and sellers are making larger price cuts to get deals done. That combination points to a market that is no longer moving at the speed it did during the height of post-pandemic demand. For buyers, it means more options and less competition. For sellers, it means pricing strategy matters more than ever.

Prices Are Holding, but Sales Activity Has Slowed

Eight homes priced at $1 million or more sold in the Tri-Cities last month, down from 11 sales during the same…

214 Views, 0 Comments

Read Full Post

Tri-Cities Luxury Home Market Surges With Strong April Sales Activity

The Tri-Cities luxury housing market saw a major jump in April, with nine home sales closing at $1 million or more across the region. That marked a sharp increase from March, which recorded just three luxury sales, and from April 2025, when only one property crossed the million-dollar threshold. The sudden rise in high-end closings points to renewed strength in the upper tier of the Northeast Tennessee housing market and suggests that buyer demand for premium properties remains active heading into the spring season.

Luxury Sales Volume Rebounded Strongly in April

April’s top luxury sale was a Blountville property that closed for $1,614,000. The 7,731-square-foot home, located…

208 Views, 0 Comments

Read Full Post