What's My Westhaven Home Worth? Market Report for October 2014

What's My Westhaven Home Worth? Market Report for October 2014

• Properties currently Active on the market: 72
• Single-family properties closed in October: 17
• Average sales price: $527,632
• Average list price: $532,053
• Average sales price to list price ratio: 99.2%
• Active listings under contract: 7
• Percentage under contract: 10%
• Average days on the market: 100
• Westhaven absorption rate: 4.2 months of inventory (a normal or steady market would be 5-7 months, a buyer's market would be in excess of 7 months, and a seller's market would be less than 5 months)

Westhaven homeowners see new construction sales going strong in their neighborhood but they often wonder how sales are going for existing homes. For the first time in months, 59% of the sales closed during October were from existing homes. That's good news for homeowners who are going up against new construction sales.

Westhaven is experiencing a seller's market. New construction sales are keeping the sales price to list price ratio high. Existing homeowners must remember to price their home right or risk buyers purchasing new construction instead.

Want to know what your Westhaven home is worth? Click the photo below to get the instant value of your home. No form to fill out and wait. Receive your valuation in seconds.

Westhaven Realty has made it even more difficult for consumers to get information about new construction homes which gives you an ample opportunity to be found by Westhaven buyers. The best way to do that is through exceptional on-line coverage of your home.

With 92% of buyers beginning their home search there, your home needs to have the best coverage possible. This goes way beyond just syndicating your home to other websites. Through the use of social media and blogging, you can increase your ability to be found in the search engines. This is something many agents haven't even begun to understand.

If done properly, you can bring international attention to your Westhaven home. People are moving here from many other parts of the world. You want to get your home in front of these buyers for a better opportunity to sell.

The internet has become the first showing so professional photographs are a must to showcase the many features of your home. Then you want your home to stand out from the others in your neighborhood with a single-property website. Just click the link to be taken to one example of the ways TW Realty Group markets your home.

The Westhaven homes page on on our website is one of the most visited pages which brings additional attention to your home. It's easy to see why our website gets thousands of clicks each month. 

When you are ready to sell your Westhaven home, contact Tammie White at (615) 495-0752.