Real Estate by Debbie Reynolds: 2018 First Quarter Clarksville TN Real Estate Market

2018 First Quarter Clarksville TN Real Estate Market

 Clarksville TN's Real Estate Market 1st Quarter Results

1st Qtr market stats 2018

Sales continued to be fast and furiously robust in 2017 for Montgomery and Stewart Counties in Tennessee. Inventory jumped by about 15% over the 4th quarter in 2017 but pending sales doubled over the last quarter of the year. If we look back a full year to the beginning of 2017, inventory to date has dropped by 60%. This is a result of low interest rates and strong buyer interest.

Average time on the market was between 51 days which is much the same as in 2017.  Active home listing prices increased in 2017 by 11% over 2016. The overall sale prices were up 3-4% in 2017 on the average. However, that trend continues into 2018 with prices climbing another 3.4%.

As for total numbers of sold homes, we saw a slight decrease because there is always a flurry to get homes closed in the last quarter of the year leaving the first quarter to build pending sales back again. That has been the case.

Check tips for selling your home to get the best price. 

We have a great market and buyers can be poised to place their offers by contacting their agent early, getting prequalified and knowing what they want.

Sellers, there has never been a better market in Clarksville and a great chance of selling. We are off to a terrific start in 2018.  Find out what your home is worth here.

 

If you are in the market for a new home in Clarksville, contact The Real Debbie Reynolds at 931-320-6730.

 

 Stats furnished by Clarksville Association of REALTORS®

 Centruy 21 Platinum Properties2130 Wilma Rudolph Blvd.

Clarksville, TN 37040

When you need Real Estate services in Clarksville TN

                  it would be my pleasure to assist you!                             

Debbie Reynolds
"The Real Debbie Reynolds"

Check out all Clarksville TN Real Estate on My Website

                   
                   
931-771-9070 Office | 931-320-6730 Cell

Clarksville TN Homes 

                 

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Comment balloon 6 commentsDebbie Reynolds • June 08 2018 02:23AM

Comments

Hello Debbie Reynolds,  You are so knowledgeable in your area that buyers and sellers should be using you.

 

Posted by Will Hamm, "Where There's a Will, There's a Way!" (Hamm Homes) 4 months ago

Debbie I love the infographic in this market report.  Great job!

Posted by George Souto, Your Connecticut Mortgage Expert (George Souto NMLS #65149 FHA, CHFA, VA Mortgages) 4 months ago

Debbie, great overview for the Clarksville market for the first quarter.   You show why buyers and sellers should give you a call - as the expert in Clarksville.

Posted by Joan Cox, Denver Real Estate - Selling One Home at a Time (Metro Brokers - House to Home, Inc. - Denver Real Estate - 720-231-6373) 4 months ago

Families on the move will appreciate your local real estate market reports.

Posted by Roy Kelley, Roy and Dolores Kelley Photographs (Realty Group Referrals) 4 months ago

Thank you for sharing the Clarksville real estate market report and update 

Posted by Joyce Marsh, Daytona Beach Florida, Proudly Selling Florida Homes and Lifestyles (Joyce Marsh at Premier Sotheby’s International Realty) 4 months ago

You always provide good information about your housing market. Thank you for sharing 

Posted by Gita Bantwal, REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel (RE/MAX Centre Realtors) 4 months ago

Participate