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Clarksville TN Real Estate Market

By
Real Estate Agent with Conroy Marable andHolleman / Coldwell Banker

All over the US the housing market is down, sales are slow at best, but not in Clarksville Tennessee. The US home-price index for the fourth quarter of 2008 has just been released and compared to the same time frame in 2007 it shows an 18.2% reduction in home values nationwide.  Clarksville homes enjoyed a 3.5% increase in value for the same period. Our inventory of homes is holding around 1700 and with a time on the market of 100 days we are able to absorb new listings as they come on the market.  With the new first time homebuyers tax credit in place and spring just around the corner the sales pace is picking up daily.  I invite you to visit www.thevaughnteam.com and view all the Clarksville/Fort Campbell homes. Happy house surfing.