Westhaven Franklin TN Home Sales for March 2012

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

Westhaven Franklin TN Home Sales for March 2012 provided by Tammie White:

  • Properties currently active on the market: 93Westhaven Franklin TN Homes for Sale
  • Single-family properties closed in March 2012: 6
  • Average sales price: $514,900
  • Average list price: $525,613
  • Sales price to list price ratio: 98%
  • Average days on the market: 76
  • Sales currently pending: 17
  • Westhaven absorption rate: 15.5 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. Four of the six homes closed in March 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 inventory in Westhaven. 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 February 2012

Westhaven Franklin TN Home Sales for January 2012

Westhaven Franklin TN Home Sales for December 2011

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.
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John McCormack
Albuquerque Homes Realty * www.AlbuquerqueHomes.com - Albuquerque, NM
AlbuquerqueHomes.com, Albuquerque Homes Realty

Good Morning Tammie  -

 

Wishing you and yours a wonderful and blessed Easter my friend.  May you  enjoy all you do on this glorious day to the fullest!

 

John and Debbie

 

Apr 08, 2012 04:48 AM #1
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Tammie White
Benchmark Realty, LLC (615) 495-0752 or www.TWRealtyGroup.net - Franklin, TN
Franklin TN, South of Nashville

John & Debbie - The same to you. Happy Easter!!

Apr 08, 2012 08:24 AM #2
Rainer
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Stephanie Anson
Anson Properties LLC - Gainesville, FL

Tammie, thanks for yet another great report. You make it so easy for consumers to understand this information. You are definitely the best Franklin TN short sale agent to contact!

Apr 09, 2012 06:30 PM #3
Rainmaker
370,262
Sidney Kutchuk
Property Management & Sales at REALTY WORKS TEMECULA, CA 92590 (951) 217-6745 - Temecula, CA
Property Management & Sales Experts 951-217-6745

Congratulation Tammie,another successful blog.Easy to understand and straight to the point.Definitely an A+ Franklin TN short sale agent.

Apr 13, 2012 07:57 AM #4
Anonymous
Anonymous

Great advice to those home buyers considering Westhaven Franklin, TN homes, Tammie - it pays to know the market!

Apr 14, 2012 01:13 PM #5
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Nestor & Katerina Gasset
International Properties and Investments LLC - Wellington, FL
Realtors, Wellington Florida Homes For Sale

Tammie,Westhaven Franklin TN is one of the great places you can live in.Thanks for this Market update,we appreciate it.Best of luck to you! Continue being a great Franklin Tn Short Sale Agent.


Jun 09, 2012 08:17 AM #6
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Tammie White
Benchmark Realty, LLC (615) 495-0752 or www.TWRealtyGroup.net - Franklin, TN
Franklin TN, South of Nashville

Thanks everyone for stopping by.

Jun 13, 2012 12:20 PM #7
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Tammie White

Franklin TN, South of Nashville
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