From the monthly archives:

December 2008

Christmas update for Westside Danville Real Estate

Christmas update for Westside Danville Real Estate

December 22, 2008 Westside Danville

The Westside Danville real estate market has slowed to the point of non-existence
In general this area within Danville has been a bright spot for homes sales and wealth building. The Westside Danville real estate market has historically attracted buyers from the entire bay area. The proximity to downtown and award winning schools has been a [...]

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Westside Alamo Christmas Update

Westside Alamo Christmas Update

December 22, 2008 Westside Alamo

The real estate market in Westside Alamo is still fluxuating from stabile to volatile.
The current inventory absorption rate for Westside Alamo is a little over 10 months. While this is high and considered a buyers market, it is lower than the absoprtion rate we saw last month. The relatively low inventory and low turnover contributes [...]

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Danville Real Estate Christmas Update

Danville Real Estate Christmas Update

December 22, 2008 Danville

Current Danville real estate activity is consistent with past weeks and months
The current market is stabile even though we are in the holiday season which has historically meant lower sales and less activity. As I have mentioned in past blog entries, the market in Danville has semonstrated it’s strength and resiliance by maintaining and inventory [...]

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Westside Alamo Real Estate Mid Month Update

Westside Alamo Real Estate Mid Month Update

December 15, 2008 Westside Alamo

The real estate market in Westside Alamo has been fluxuating widely and seen the inventory absorption rate change in one week from 20 months to 6 months.
The instability of this market has been caused by the low inventory rates and the impact that only 1 or 2 pendings has on the calculation. There currently are [...]

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Westside Danville Mid Month Real Estate Market Update

Westside Danville Mid Month Real Estate Market Update

December 15, 2008 Westside Danville

Based on the most current MLS data, the Westside Danville market has slowed to the point of no activity.
There are currently no Pending listings in the area of Danville while having 23 active homes for sale. There is much speculation surrounding this non-existent activity level but intuition and a keen ear tell me it is [...]

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Mid month Danville Real Estate Review

Mid month Danville Real Estate Review

December 15, 2008 Danville

The Danville real estate market continues to be stablile even during a time of the year that is traditionally slow. Currently there are 191 active listings in Danville. This includes the entire town of Danville. Of the 191 active listings the average sales price is $1,390,611 with the highest listing being at $5,400,000 and the [...]

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The Westside Danville real estate market update

The Westside Danville real estate market update

December 10, 2008 Westside Danville

The westside Danville Real estate market has slowed to a snails pace of the last several weeks
Currently there are 21 active listings on the westside of Danville. The average price for these active listings is $1,640,273. The highest price active property is listed at $4,500,000 with the lowest priced at $675,000. The average price per [...]

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Westside Alamo Real Estate update

Westside Alamo Real Estate update

December 9, 2008 Westside Alamo

The real estate market within the Westside of Alamo has continued to jump around from week to week in terms of inventory and absorption.
The inventory absorption rate within this market over the past 3 months has moved between a low of 5 months to a high of 24 months the current market is at 12 [...]

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Danville Real Estate Market Holiday update

Danville Real Estate Market Holiday update

December 8, 2008 Danville

With the holiday’s rapidly approaching the Danville real estate market has continued to be consistent and has help it’s own against the economy.
The current inventory absorption rate in Danville as a whole is at 7.65 months. This breaks down to 191 active listings and 25 pending sales. The average list price for these active sales [...]

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Westside Alamo real estate month end review

Westside Alamo real estate month end review

December 2, 2008 Westside Alamo

The real estate market in Westside Alamo has been very unstabile over the last several months
While home prices are not dropping, inventory levels are fluxating from week to week. During the month of Novermber there were no closed sales in this market. There is only one pending sale. This is a short sale and was [...]

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