New Construction Homes for Sale- Clarksville TN
New homes have been a big part of our real estate market for many years. Over the last couple of years, new homes have represented 20 to 30% of the sales in the marketplace. in Clarksville, TN, subdivision developers and home builders have responded to the need for new homes and the fact that buyers like to buy new if they have the opportunity. As of October 10, 2018 the fall inventory of new homes is as follows:
Coming Soon- 2
Active Listings for new homes represent 47.3% of the total Active home inventory. Prices range from $133,000 to $559,000.
Active/Contingency Listings for new homes represent 36.3% of the total Active/Contingency home inventory.
Pending Listings for new homes represent 27% of the total Pending homes inventory.
It is clear that the new homes are having robust sales and are dominating the numbers of the total homes receiving the offers and contracts. Buyers wanting a new home need to make a strong offer and come prequalifed.
Since January 1, 2018 there have been 1027 new homes that have Closed in Clarksville TN. This number represents 23% of the total homes on the market that have Closed in Clarksville, TN.
Prices of Closed new homes ranged from $115,000 to $559,900.
It is important to know that the majority of new homes sales are in the $225,000-$275,000 price range. The average new home being built is priced at $272,239. New homes in Clarksville TN sell at or near list prices and there is very little negotiation. Builders are offering to pay some closing costs or will provide a refrigerator or a fence.
Home buyers looking for new construction homes are looking for the trends and decor as seen on HGTV. They often expect some hardwood or laminate floors, multiple baths and deluxe baths and kitchens. The floor plans have soaring ceilings, lots of windows for light and open designs. Getting a new home means new systems like the HVAC, electrical, plumbing and appliances. These will come with new home warranties.
New Homes with basements
are not easy to find. If the terrain is sloped many builders choose to not add a basement as building a basement is very costly and there are concerns about water-proofing it. correctly.
They are still very popular and buyers will request them. A basement home offers possibilities to the homeowners for additional living space at less cost than building onto the home. With many people concerned with storms and strong winds, a basement can be an excellent solution to giving extra storage or being used as a storm shelter.
There are many new homes designs and styles. As I drive around Clarksville I see new neighborhoods expanding which will bring more new homes in the coming months. There are many choices for home buyers desiring new homes.
If you don't want new construction home, there are plenty of resale homes in great condition that will work. Many of the older homes have been updated to look more modern and trendy. These homes yield a good return value for the sellers. Currently there is a 2.5 to 3 month inventory of homes for sale. As we get into colder weather this number will increase.
2018 Fall Outlook for New Construction Home Sales- Clarksville TN
2130 Wilma Rudolph Blvd.
Clarksville, TN 37040
it would be my pleasure to assist you!
"The Real Debbie Reynolds"
931-771-9070 Office | 931-320-6730 Cell