Westhaven Franklin TN Home Sales for December 2011

By
Real Estate Agent with Benchmark Realty, LLC (615) 495-0752 or www.TWRealtyGroup.net TN License #315195

Westhaven Franklin TN Home Sales for December 2011 provided by Tammie White:

  • Properties currently active on the market: 79Westhaven Franklin TN Homes for Sale
  • Single-family properties closed in December 2011: 11
  • Average sales price: $528,944
  • Average list price: $536,871
  • Sales price to list price ratio: 98.5%
  • Average days on the market: 163
  • Sales currently pending: 19
  • Westhaven absorption rate: 7.2 months of inventory (a normal or steady market would be 5-7 months; anything under 5 months of inventory is considered a sellers' market, above 7 months is considered a buyers' market).

Westhaven is currently in a buyers' market. Primarily due to the large inventory. Seventy-three percent of the homes closed in December were new construction.

Since these buyers paid close to or over list price it is keeping the sales price to list price ratio high. It doesn't appear that the Westhaven builders are very negotiable on sales price.

This is especially concerning to me given the current economy. Buyers may be better served by purchasing an existing home in Westhaven.

Buyers should always remember to have the assistance of a Buyer's Agent whenever purchasing new construction. Many builders are very negotiable on their sales price but unsuspecting buyers don't always know this. As a Buyer's Agent, I prepare a Competitive Market Analysis for the new construction area to verify what homes are currently selling for. This gives the buyer a better indication of what they should offer. Rather than blindly agreeing to the sellers asking price.

For further info on Westhaven home sales see the following reports:

Westhaven Franklin TN Home Sales for November 2011

Westhaven Franklin TN Home Sales for October 2011

Westhaven Franklin TN Home Sales for September 2011

Westhaven Franklin TN Home Sales for August 2011

Westhaven Franklin TN Home Sales for July 2011

Westhaven Franklin TN Home Sales for June 2011

Westhaven Franklin TN Home Sales for May 2011

If you are interested in a Franklin TN home for sale or wish to sell your Franklin TN home, contact Tammie White, your Franklin TN REALTOR®, at (615) 495-0752.

 

Posted by
************************************************************************************ 
 
Tammie White, REALTOR®
TW Realty Group
Benchmark Realty LLC
318 Seaboard Lane
Franklin TN 37067
(615) 495-0752 Direct
Email: Tammie@TWRealtyGroup.net
 
 
This posting with the content written here and photographs displayed are the intellectual property and opinions of Tammie White of Benchmark Realty LLC. Any party who uses this material without the permission of Tammie White is subject to copyright infringement and possible lawsuit.
close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the tag to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Topic:
Real Estate General Information
Location:
Tennessee Williamson County Franklin Westhaven
Groups:
HyperLocal Neighborhood and Community Posts
Local Real Estate Market Reports
Market Reports
Tags:
westhaven home sales
westhaven market reports
westhaven franklin tn homes for sale

Comments 1 New Comment

Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the clock to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Rainer
124,785
Laurie Clark CRB Angel Realty LLC Your Monument Realtor 719-502-6572
Angel Realty, LLC
CRB-CCSS-ASD-HBS-RSD-Denver Short Sale Agents

Excellent market update. Your dedication and commitment to your clients and ability to keep them well informed are just a few of the reasons you are the Franklin TN short sale agent to call. Thanks for sharing and have a wonderful new year.

January 04, 2012 07:58 AM
Anonymous
Post a Comment
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the lock to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Ambassador
1,070,477

Tammie White

TW Realty Group, Franklin TN
Let Our Team Work for You!
*
*
*
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the tree to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Additional Information

Franklin TN Homes Real Estate Blog by Tammie White of Benchmark Realty LLC is a Great Place For Real Estate Agents and Potential Buyers and Sellers to get to know more about Franklin TN Homes as well as other parts of Williamson County. Locations of visitors to this page