Clarksville, TN - House Price Index (HPI)
Clarksville Real Estate Market Forecast
The House Price Index (HPI) shows changes in Clarksville, TN-KY single family home prices in
logarithmic scale. The March, 1995 index value equals 100.  Real estate forecasts, analysis, statistics
and appreciation rates are provided below.
Clarksville Real Estate Market: Trend Outlook, Analysis & Statistics
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Commentary  27656
3rd Quarter, 2017 Housing Statistics: Clarksville, Tennessee


Part 1: HOUSING MARKET FORECAST

12 Month Forecast:        UP
Forecast Accuracy:      78%

LittleBigHomes.com publishes forecasts for the trend in home prices in 380
Metropolitan Statistical Areas. The House Price Trend will be either UP or
DOWN. The forecast for the trend in the Clarksville housing market for the 12
months ending with the 3rd Quarter of 2018 is UP. The Accuracy of the Trend
Projection for Clarksville is 78%. In other words, when tested against historical
data, the forecasting methodology was correct 78% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in
Clarksville is 78% during this period. If this Housing Market Forecast is correct,
home prices will be higher in the 3rd Quarter of 2018 than they were in the 3rd
Quarter of 2017. Check this page each quarter for updates to the Clarksville
Real Estate Market Forecast.


3 Year Forecast:            UP
Forecast Accuracy:      81%

The forecast for the trend in the Clarksville housing market for the 3 years
ending with the 3rd Quarter of 2020 is UP. The Accuracy of the Trend
Prediction for Clarksville is 81%. In other words, when tested against historical
data, the forecasting methodology was correct 81% of the time. Accordingly,
LittleBigHomes.com estimates that the probability for rising house prices in
Clarksville is 81% during this period. If this Housing Market Forecast is correct,
home values will be higher in the 3rd Quarter of 2020 than they were in the 3rd
Quarter of 2017. Check this page each quarter for updates to the Clarksville
Real Estate Market Forecast.




Part 2: MARKET SUMMARY
3rd Quarter, 2017 Housing Data: Clarksville, Tennessee


Historical Home Price Appreciation
Last Quarter                                     0.71%
Last Year . . . . . . . . . . . . . . . . . . . .  3.3%
Last 5 Years                                     8%
Last 10 Years . . . . . . . . . . . . . . . . . 12%
Last 20 Years                                   65%



Annual Home Price Appreciation Rates
1987        n/a
1988        n/a
1989        n/a
1990        n/a
1991        n/a
1992        n/a
1993      5.63%
1994      6.17%
1995      4.44%
1996      5.15%
1997      5.46%
1998      2.19%
1999      1.62%
2000      2.08%
2001      5.27%
2002      3.67%
2003      2.95%
2004      3.28%
2005      7.91%
2006      5.24%
2007      4.65%
2008      -0.11%
2009      2.29%
2010      0.02%
2011      -1.11%
2012      1.05%
2013      -1.69%
2014      1.79%
2015      1.78%
2016      5.58%


Real Estate Appreciation, Rank & Percentile
Last Quarter                              0.71%         Rank: 279 of 381 (26th Percentile)
Last Year  . . . . . . . . . . . . . . . .  3.3%           Rank: 273 of 381 (28th Percentile)
Last 5 Years                              8%              Rank: 317 of 381 (16th Percentile)
Last 10 Years  . . . . . . . . . . . .   12%            Rank: 130 of 381 (66th Percentile)
Last 20 Years                            65%            Rank: 258 of 379 (32nd Percentile)


The change in home prices for Clarksville, TN-KY are shown above for five time
periods. For example: Clarksville appreciated 0.71% in the Last Quarter. At that
rate, the Clarksville Real Estate Market was ranked 279th out of 381
metropolitan Real Estate Markets. Clarksville was in the 26th percentile. So
Clarksville, TN performed better in the Last Quarter than 26% of the 381
metropolitan areas covered in LittleBigHomes.com.

























Part 3: MARKET HIGHLIGHTS
3rd Quarter, 2017 Housing Statistics: Clarksville, Tennessee

The all time high in the Clarksville Home Price Index was 188.1 in the 3rd
Quarter, of 2017.  The Home Price Index indicates that the Clarksville Market is
up 12% over the last 10 years. Home prices in the Clarksville Real Estate
Market have gained 3.29% over the last 12 months.

The 3rd Quarter index value was 1.33 points higher than the 2nd Quarter, 2017
index value of 186.81, resulting in a 0.71% rise in the 3rd Quarter for the
Clarksville Market.

The Clarksville Home Price Index has increased for the last 6 consecutive
quarters. The current record holders for consecutive increases in the Home
Price Index are Phoenix, AZ; Houston, TX and Boise City, ID, with increases in
the last 25 consecutive quarters. The current record holder for consecutive
declines in the Home Price Index is Carbondale, IL, with declines in the last 3
consecutive quarters.

The highest annual change in the value of houses in the Clarksville Real Estate
Market was 10% in the twelve months ended with the 1st Quarter of 2006. The
worst annual change in home values  in the Clarksville Market was -2% in the
twelve months ended with the 2nd Quarter of 2014.

The highest growth in home values in the Clarksville Real Estate Market over a
three year period was 22% in the three years ended with the 1st Quarter of
2007. The worst performance over a three year period in the Clarksville Market
was -2% in the three years ended with the 2nd Quarter of 2014.

This page provides a long term graph of the Clarksville Home Price Index
(above). For information about Tennessee home values, click Real Estate
Market Forecasts in the navigation bar at the top of this page.  You'll see long
term charts and analysis that will provide tremendous insight into the historical
trends of residential property values. Bookmark this page! Then
LittleBigHomes.com's detailed research and statistics about Clarksville Home
Prices will be at your fingertips when you need them.

All calculations are based on the quarterly value of the House Price Index for
the Clarksville Market. The terms House Price Index and Home Price Index, as
used in this site, refer to the Federal Housing Finance Agency (FHFA) House
Price Index.

Significant time is required to research quarterly sales price and appraisal data
from mortgage transactions in the Clarksville Real Estate Market and hundreds
of other cities. As a result, Home Price data is not available for a number of
months after the end of each quarter.



Part 4: APPRECIATION RATES & RANKINGS
3rd Quarter, 2017 Housing Data: Clarksville, Tennessee

The trend of Clarksville Home Prices relative to 380 other metropolitan areas is
detailed below. Each metropolitan area contains one or more cities. Five
different time periods are reviewed.  Each paragraph identifies the top and
bottom performing markets as well as the average and median performance for
all cities during each time period.

Last Quarter:
During the 3rd Quarter of 2017, Clarksville Home Prices had a rank of 279, with
appreciation of 0.71%. The top performing real estate market during the 3rd
Quarter was Pine Bluff, AR, with a rise of 7.86%. The worst market during that
period was Weirton, OH, with appreciation of -9.33%.
The median for all cities during the 3rd Quarter was 1.52%. The average for all
markets during the quarter was 1.39%.

Last Year:
During the last 12 months, Clarksville Home Prices had a rank of 273, with
appreciation during the year of 3.29%. The top performing market during the
last year was Seattle, WA, with an increase of 14.2%. The worst real estate
market during that period was Lawton, OK, with appreciation of -7.3%.
The median for all markets during this period was 5.41%. The average was
5.42%.

Last 5 Years:
Over the 5 years ended with the 3rd Quarter of 2017, Clarksville Home Prices
ranked 317, with a total appreciation of 8.2%. The top performing real estate
market during the 5 year period was Reno, NV, with a growth in value of 95%.
The worst market during that period was Lawton, OK, with appreciation of -7%.
The median for all cities during this time period was 20%. The average over the
5 years was 26%.

Last 10 Years:
During the 10 years ended in the 3rd Quarter of 2017, Clarksville Home Prices
had a rank of 130, with appreciation during the decade of 12%. The top
performing market during the period was Denver, CO, with a rise of 63%. The
worst real estate market during the 10 year time period was Atlantic City, NJ,
with appreciation of -28%.
The median for all markets during the last 10 years was 5%. The average for
the cities over that time frame was 7%.

Last 20 Years:
During the 20 years ended in the 3rd Quarter of 2017, Clarksville Home Prices
had a rank of 258, with total growth over the 20 year period of 65%. The top
performing real estate market during the period was San Francisco, CA, with an
increase of 283%. The worst market during the last 20 years was Mansfield,
OH, with appreciation of 20%.
The median for all cities during the last 20 years was 80%. The average for the
markets over that time frame was 89%.

Historical research data on the Home Price Index for the Clarksville Real Estate
Market is available back to the 4th Quarter, of 1992. All calculations are based
on the quarterly value of the House Price Index for Clarksville. Real estate
appreciation figures represent total net increase or decrease over each time
period. (Unless specifically stated, the figures do not represent annual or
quarterly rates of change.)



Data Source for Commentary & Charts: Federal Housing Finance Agency
Updated Thursday, December 14, 2017.
SignalTrend  Inc. 2008 - 2017; All rights reserved.


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