Clarksville/Ft. Campbell is still experiencing price increases this year over last year. If homes are priced and staged right they are still selling in 30 to 60 days or less and in several cases we are still getting multiple offers. January through November of 2007 the average sales price was $144227 and average sales price from January through November 2008 is $149556. That's a 4% appreciation from last year.
Average days on the market from January to November 2007 was 67 days compared to same time period this year the average days is 95.
Average no of homes for sales from January to November 2007 was 4021and average no. of homes sold from January to November 2008 is 2559. Average Sq. footage still is maintaining about 1700 sq. ft.
Interest rates average from 4.875 to 5 percent and there are several lender incentives available. Sellers continue to pay anywhere from 3 to 4% of sales price toward closing costs. Homes that are priced at market value or below and sell in less than 30 days are paying less in closing costs. The better you price your home to sell quick the more money you will actually make in the final analysis.
I specialize in absorption rates, Short Sales, staging and market pricing which reduces our teams average days on the market and nets sellers more money.