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From the monthly archives:

January 2009

Westside Alamo Real Estate Update January 26

Westside Alamo Real Estate Update January 26

January 26, 2009 Westside Alamo

The real estate market in Westside Alamo continues to fluxuate but seems to be trending to less inventory
The inventory absorption rate has been swinging up and down for a while but the last several weeks have seen the amount of inventory drop as a whole. The current absorption rate is at 6.67 months which is slightly [...]

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Westside Danville Week Beginning update

Westside Danville Week Beginning update

January 26, 2009 Westside Danville

As with the Town of Danville as a whole, the Westside Danville real estate market has improved dramatically over the last several weeks.
Inventory in the highly desireable area has dropped while sales have increased. The market change has caused the inventory absorption rate to drop significantly. The current rate is 4.25 months of inventory. This [...]

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Danville Real Estate Week beginning update

Danville Real Estate Week beginning update

January 26, 2009 Danville

The real estate market in the town of Danville continues to improve.
The inventory absorption rate is now down to 5.6 months of inventory. Last week we were at 6 months. This is becoming a downward trend because raw inventory is dropping while sales are picking up. The dynamics of this market have relieved the downward [...]

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Westside Alamo Real Estate Weekend Market Update

Westside Alamo Real Estate Weekend Market Update

January 19, 2009 Westside Alamo

The Westside Alamo Real estate market has fallen in line with the surrounding areas
Much like the real estate market in the town of Danville and the specific Danville areas of Greenbrook, Sycamore, and Westside Danville the Westside Alamo market has seen it’s inventory absorption rate drop to 6.5 months. There are 20 active listings and [...]

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Westside Danville Real Estate Weekend update

Westside Danville Real Estate Weekend update

January 19, 2009 Westside Danville

The Westside Danville real estate market has seen the inventory absorption rate drop to 6 month over the last week.
This is due to fewer active listings and new pending sales in the area. The market activity in terms of showings and open house activity also is increasing with many buyers now making the decision to [...]

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Danville Real Estate Week End Review 1-19-09

Danville Real Estate Week End Review 1-19-09

January 19, 2009 Danville

The Danville Real Estate market is still performing well and has stabilized over the last several weeks.
The inventory absorption rate has dropped to 5 weeks even with a total of 158 active listings and 28 pendings. In some cases homes are selling at or near asking price in less than a month. While it is [...]

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Westside Alamo Real Estate Mid-January Market Update

Westside Alamo Real Estate Mid-January Market Update

January 12, 2009 Westside Alamo

The Westside Alamo real estate market continues to swing widely
Within the Westside Alamo market we have seen the inventory absorption rate swing from over 20 months to 6 months. We have also seen inventory drop over the last few weeks. This drop in inventory has been instrumental in the shorter absorption rate and is consistent [...]

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Westside Danville Real estate Market Mid-January Update

Westside Danville Real estate Market Mid-January Update

January 12, 2009 Westside Danville

The Westside Danville real estate market continues to swing widely in terms of absorption rate
Currently there are 18 active listings in the Westside of Danville which is down from the 25 we saw at the end of December. There are also 2 pending listings which gives us an inventory absorption rate of 9 months. This nine [...]

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Danville real estate market Mid-January update

Danville real estate market Mid-January update

January 12, 2009 Danville

The real estate market is Danville is continuing to pick up with inventory down and sales up
The Danville market has been very stabile during the economic downturn and has actually improved in terms of a reduced inventory absorption rate. The number of active listings have dropped to 163 and there are 25 pending listings. This [...]

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Westside Danville Real Estate market status for January 2009

Westside Danville Real Estate market status for January 2009

January 5, 2009 Westside Danville

The Westside Danville real estate market continues to under perform
The current inventory absorption rate for Westside Danville is at 20 months which is dramatically higher than both Danville as a whole and Westside Alamo. This desireable area has slowed drastically over the last half of 2008. Ironically the total home sales in 2008 were much [...]

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