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From the monthly archives:

April 2009

Danville Real Estate Activity Update 4-28-09

Danville Real Estate Activity Update 4-28-09

April 28, 2009 Danville

The real estate market in Danville has seen a flurry of activity of late.
While active listings continue to increase, pending sales have increased at a higher rate. Currently the inventory absorption rate is at 2.75 months which is down from 3 months last week. Certain areas seem to be moving faster than others. The areas [...]

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Danville Real Estate update 4-22-09

Danville Real Estate update 4-22-09

April 22, 2009 Danville

The real estate market in Danville is heating up
The available inventory, or absorption rate, is currently down to 3 months. While more houses are coming on the market, we are seeing sales increase as well. There are currently 192 active listings in the Danville real estate market and 64 pending sales. The homes that are [...]

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Westside Danville Real Estate Market Update April 14, 2009

Westside Danville Real Estate Market Update April 14, 2009

April 14, 2009 Westside Danville

We have seen an uptick in sales for homes on the Westside of Danville.
An increase in consumer confidence over the last two weeks coupled with lower interest rates and aggressive pricing have contributed to an increase in pending sales with the Westside Danville market. The expectation is that this short term jump will become the [...]

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Danville Real Estate update April 14, 2009

Danville Real Estate update April 14, 2009

April 14, 2009 Danville

The real estate market in Danville continues to move ahead with an increase in both inventory and pending sales
As of today there are 197 active listings for detached single family homes in Danville. Additionally there are 56 pending sales which gives us 3.5 month of inventory currently active. The uptick in both sales and pendings [...]

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Westside Danville Real Estate keeps moving

Westside Danville Real Estate keeps moving

April 6, 2009 Westside Danville

Homes sales in Westside Danville continue to be consistent albeit slower that Danville
The inventory absorption rate in the Westside of Danville currently sits at 7.3 months while the town of Danville as a whole is at 3.86 months. This type of sales activity, with Danville being more robust than the Westside, has been consistent throughout [...]

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Danville Real Estate Sales Week End Review

Danville Real Estate Sales Week End Review

April 6, 2009 Danville

The real estate market in Danville continues to be strong:
With an inventory absorption rate of 3.8 months the Danville market still continues to roll along. While inventory has risen, so has sales. The active inventory of detached homes is now at 193 with the Pending sales at 50.
The statistics as of April 6, 2009 are [...]

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