$10,000 Closing Credit*
$1,320,955
2,807 SqFt
4 Beds
•4 Full Baths
Sara A. Lavagnino, Listing Office: Westhaven Realty
Is Westhaven, TN a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Westhaven has remained a Seller's Market.
Key Takeaway
Westhaven is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Westhaven, TN
How much do homes in Westhaven, TN cost?
Median Sold Price
$1,306,666
$435/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$25,666(+2.0%)
Key Takeaway
Homes in Westhaven have sold for 2% more than they did a year ago.
Summary: The median home sold price in Westhaven was $1,306,666 in November 2024, up 2% from last year, and the median price per square foot was $435.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $730K | $769.9K | +5.5% |
| 3 Bedrooms | $996.7K | $992.4K | -0.4% |
| 4 Bedrooms | $1.3M | $1.3M | +3.8% |
| 5+ Bedrooms | $1.9M | $2.2M | +12.7% |
Summary: Westhaven housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.5%, 3 bedroom homes decreased by 0.4%, 4 bedroom homes increased by 3.8%, and 5+ bedroom homes increased by 12.7%.
Housing Supply in Westhaven, TN
How many homes are available in Westhaven, TN?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 95 | 82 | -13.7% |
Summary: The Westhaven real estate market had 82 homes for sale in November 2024, a 13.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 10 | 10 | 0.0% |
| 3 Bedrooms | 25 | 27 | +8.0% |
| 4 Bedrooms | 39 | 28 | -28.2% |
| 5+ Bedrooms | 21 | 17 | -19.0% |
Summary: The Westhaven housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 8%, 4 bedroom homes decreased by 28.2%, and 5+ bedroom homes decreased by 19%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 24 | 25 | +4.2% |
Asking Price vs. Sold Price
13 Homes Were Sold
Under Asking
7 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Westhaven, you may be able to get a good deal. 52% of homes here sold below asking price last month.
Summary: A total of 25 homes were sold or pending in Westhaven in November 2024, up by 4.2% month-over-month. Of the 25 sold homes, 52% were sold under asking, 28% were sold at asking, and 20% were sold over asking.
Days on Market for Westhaven, TN
How long does it take to sell a home in Westhaven, TN?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 29 Days | 46 Days | +59.9% |
Summary: Homes in Westhaven had an average of 46 days on market in Nov 2024, up by 59.9% compared to last year.
Breakdown of Home Sale Times
16 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Westhaven are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 25 homes were sold in Westhaven; 64% of homes were sold within 30 days, 16% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.
Listings courtesy of RealTracs Middle Tennessee Regional MLS as distributed by MLS GRID.
© 2024 of the REALTRACS MLS. All rights Reserved.