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HomeNewsClarksville Association of REALTORS releases 2nd Quarter 2019 Market Stats report

Clarksville Association of REALTORS releases 2nd Quarter 2019 Market Stats report

Clarksville Association of REALTORSClarksville, TN – In the 2nd quarter of 2019, 1575 properties were sold, which is 32% more than the 1st Quarter of 2019 (1079) reports the Clarksville Association of REALTORS (CAR).

For the 2nd Quarter of 2019, the average price of properties for sale was $277,000, which is 3.5% above the first quarter of 2019 ($268,000).

Clarksville Housing report for 2nd Quarter 2019

The average days on market for the 2nd Quarter of 2019 is 33 days, which is 12 days faster than the 1st Quarter of 2019 (45).

“These statistics show the strength of the real estate market in Clarksville. Low days on the market, rising values, and shrinking inventory are a great formula for property owners thinking about selling in the area. For buyers, I recommend getting a mortgage pre-qualification, connecting with a Realtor, and making an offer quickly on their potential next home,” said Eric Boyd, 2019 CAR President.

Realtor.Com recently listed Clarksville as the 3rd hottest city for Millennials to purchase a home. Nashville has seen a large number of millennials flocking to the city looking to buy. However, with an average home price of $350,000, millennials are choosing to purchase 45 minutes away in Clarksville where they can buy a larger home for a lower price.

The charts below show housing statistics for Montgomery County and Stewart County combined. The local market statistics reflect 12 month trends. Information was gathered by the Middle Tennessee Multiple Listings Service (RealTracs) and does not reflect properties that are for sale by owner.

Additional information concerning Clarksville historical housing statistics can be found at Clarksvilleaor.com/consumer.

About the Clarksville Association of Realtors®

The Clarksville Association of Realtors® has over 1,055 active REALTOR® members and 79 Affiliate Partners that work together to improve the public awareness of the value of Realtors to the community and to the benefits of their services. The Clarksville Association of Realtors® also serves to promote the success and future developments of its members in association with the Tennessee and National Associations of Realtors®.


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