Clarksville market update for January 2011-December 2011 found 1777 homes currently on the market with average price $189,530. The number of new homes on the market decreased since 2010, but the average price increased by approximately $1,767.
Closed home sales for January 2011-December 2011 was 3,122 with an average price of $158,481 and average days on the market was 97.6. These homes are located throughout Clarksville-Montgomery County/Fort Campbell area, creating a good supply and demand.
The housing market is enhanced by the presence of Fort Campbell, the home of the 101st Airborne Division, with its employment of approximately 30,500 military and 8000 civilian personnel and Hemlock Semiconductor is also positively impacting the market trend with its $1.2 billion plant under construction and its consideration of an additional $3 billion expansion, bringing a total of about 1400 jobs for employees and families contributes to Clarksville being considered one of the most stable real estate markets in the nation.
Fort Campbell Army Relocation Specialist
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