Clarksville’s Latest Real Estate Market Statistics

Our market keeps getting better and better for sellers. Homes are now selling for 5% more and 33% more quickly than last year.

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The Clarksville real estate market continues to be very strong. We’ve had some big changes in the last year and even in the last week. These are the trends you need to know about:

• Closed sales are up from 1,777 in 2016 to 1,949 right now. This 9.68% increase is another good sign.

• Inventory is down from 1,491 at this time last year to 1,021 right now. That’s a drop of over 31%.

• The average sale price is up to $178,500 from $169,000, a 5.5% increase.

• The average days on market have dropped 32.86%, from 70 days to only 47 right now.

Our strong seller’s market is getting even stronger.

What does this all mean for you? As you can see, we are definitely in a strong seller’s market. We will talk more about this in our next video and how you can take advantage of the conditions. If you have any questions in the meantime, give us a call or send us an email. We look forward to hearing from you soon.

The Latest Stats From Our Hot Clarksville Market

Here are some of the latest stats from our Clarksville market and how we stand compared to where we were at this time last year.

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We have a hot market here in Clarksville, and today I have the stats to prove it. To give you an update on where we stand, I’ve compared the latest market figures to the same figures from March of last year. In March 2016, we had about 1,400 houses on the market for sale. Right now, we have about 1,100 houses on the market for sale. At this time last year, our number of year-to-date home sales was 827. This year, we’ve closed 834 houses so far. That’s not much difference, but it shows that we had a great market last year as well. Our average list price increased 6.4% from $164,000 in March 2016 to $174,600 in March 2017. Our average sales price increased 6.81% from $161,500 in March 2016 to $172,500 in March 2017. In that same time frame, our average days on market dropped from 101 to 91. As you can see, prices are going up in Clarksville, so it’s a great time to put your home on the market.

The market’s been busy since January, and it continues that way.

Something else we’ve started tracking lately is the most active price ranges, and right now the most active price range is between $140,000 and $180,000. There are 207 houses on the market within this price range, and about 25% of those houses have been sold already. 

The next hottest range is $180,000 to $240,000, which represents about 24% of the market. The third hottest range is the $100,000 to $140,000 area. You might not think it, but you can get a nice house for $100,000 in Clarksville. 

If you have any questions about our market or you’re looking to buy or sell a home, please don’t hesitate to reach out to me. I would be happy to help you.

What Do Recent Clarksville Market Trends Mean for Home Values?

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Today, I want to take a look at market data for 2014, 2015, and 2016 in order to get a better idea of where our market might be heading. Taking a step back and looking at trends is a great way to anticipate what’s to come in our area. 

In 2014, we had 371 closed properties. In 2015, the number fell slightly to 361. However, this year, we’ve already closed a whopping 423 homes for an increase of 17%! 

In 2014, the average listing price was at $154,700. It rose in 2015 to $162,000 before rising just a bit this year to $163,100. It’s a small rise in price, but we think that home values are only going to continue appreciating throughout the year. 

For the average sales price, we saw a substantial increase between 2014 and 2015, from $151,600 to $160,300. This year, the average sales prices have only risen a bit, to $160,500. What these statistics tell me is that the market is growing at a slower, but more sustainable, rate -- which is great news for area homeowners.

The average days on market has been holding pretty steady over the last few years, bouncing from 92 days in 2014 to 89 days  2015 back up to 98 days in 2016. The average list-to-sale-price ratio has also been pretty steady. In 2014 it was hovering around 98%, and is currently at 98.4%. In other words, sellers are getting  what they ask for their home which is indicative of a healthy market. 

These numbers are a good sign for the Clarksville area real estate market, and we only expect them to improve. If you have any questions about conditions in your neighborhood, or if you need real estate assistance of any kind, please don’t hesitate to reach out to us. We would love to hear from you!

Where Is the Clarksville Market Heading?

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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!

Clarksville Real Estate Market Update

Buying a home? Click here to perform a full home search
Selling a home? Click here for a FREE Home Value Report

Today, I'll give you a brief update on the Clarksville real estate market.

Right now, there are 2,024 active homes on the market, and we have closed 1,997 properties. In 2014, we closed 2,008 properties, so we're down just a little bit this year.

However, in 2015, the average list price is $170,000, and in 2014, the average list price was $165,000. The average price at closing is $167,500, and in 2014, it was $162,600. As you can see, we've seen about a $5,000 increase in list and sale price. Our average days on market is 92, and the list to sales price ratio is at 98.52%.

What do all of these numbers mean? Ultimately, it means that Clarksville is currently in a balanced market. Sellers, if you price your home correctly and it's in immaculate condition, you could sell quickly with multiple offers. Buyers, interest rates are still very low, and if you find a home you like, do not hesitate.


If you have any questions about today's video or about real estate in general, give me a call or send me an email. I'd be happy to help you!