Where Is the Clarksville Market Heading?

Today, we're here with your Clarksville real estate market update. We'll also be comparing the current numbers to the market earlier this year and the 2014 market as well.

Right now, there are 2,063 active properties on the market. From January 1st to today, 2,633 properties have gone to closing. During the same time period for 2014, we closed 2,586 properties. As you can see, the market is very active and we have sold more homes this year than last year.

The current average list price for a home is $170,700. In 2014, the average list price was $166,800. That is about a $4,000 increase in list price. This year, the average sales price is $168,000, and in 2014, it was $164,300. Again, we have seen about a $4,000 increase in sales price as well.

Currently, properties spend an average of 92 days on the market. Sellers are getting nearly their entire asking price on average, as the list-to-sale price ratio in Clarksville is 98.5%.

What does this mean for you? Sellers, if you're looking to sell a house, now is a great time. If you price your home correctly and the property is in immaculate condition, you can get multiple offers easily. Buyers, if you find the right house for you, go ahead and make an offer right away.

If you have any questions for me, please give me a call or send me an email. I would be happy to help you!