This weekend the spring weather came out a little bit ahead of schedule and provided the neighbors in Westhaven with an enjoyable outdoor weekend. The tennis courts were active as were the subdivisions many parks and walking trails. This break in the weather has also revived the real estate market. Below are the statistics for the month of February 2010. Just click the chart to enlarge the data.
The market locally in Westhaven has 14.8 months of inventory at the current absorption rate of 5.3 homes selling on average for the past 6 months. February had only 4 closings, with 5 Pending and 5 more properties that were Expired or Withdrawn. Thus the Pending ratio is 6%. Westhaven features luxury homes from $1.5 Million down to bungalows and town homes int eh $250s. The neighborhood has a beautiful residents center with workout room, theater, and more. They open areas have the best horticulture in Middle Tennessee and the town center is coming alive with restaurants soon to be open. Contact The Grumbles Team to schedule a private tour of these amenities.
How is the real estate market in Westhaven stacking up against the rest of Franklin or all of Williamson County?
The Total Market Overview for Williamson County is shown below, from that it is evident that 12 months of inventory is the average for the county and 7.2% is the pending ratios, so Westhaven is a few ticks off of those numbers. However, the average sales price in Westhaven in the past 6 months is about $100,000 higher than the average Franklin property.
If you plan to sell a home in Westhaven or are currently in the market to buy in Westhaven or surrounding areas of Franklin, TN we recommend that you contact us to find out exactly what the market is doing and how pricing is being affected. Interested in the Total Market Overview of Williamson County by zip code?
The Grumbles Team is our family serving your family with your real estate needs in Franklin, Tennessee 615-587-5843.
EXIT Realty of the South | 1227 Lakeview Dr. Suite 1 | Franklin | TN | 37067 | 615.550.5555
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