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From the monthly archives:

May 2009

Westside Danville Market update

Westside Danville Market update

May 19, 2009 Westside Danville

A recent spurt of activity has drastically reduced available inventory of Westside Danville homes
There are now 20 active listings in the Westside of Danville along with 7 pending sales. This has moved the inventory absorption rate, or amount of available inventory, from 20 months to 2.86 months. This increase in activity is happening sooner than [...]

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Danville Real Estate Market update

Danville Real Estate Market update

May 19, 2009 Danville

WOW!!!! The Danville market seems to be on fire along with most areas of the East Bay.
There are currently 200 active listings in Danville for detached single family homes. While this number is consistent with past weeks and months, the number of pendings has jumped to 77. This results in an available inventory level of [...]

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Danville Real Estate Market Update

Danville Real Estate Market Update

May 14, 2009 Danville

The real estate market in Danville has really heated up over the last few months.
There is currently 3 months of inventory in the active real estate market in Danville. Just 2 months ago we were averaging between 5-7 months. Many of the homes selling are in the $500-$800K price range. This is mainly as a [...]

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Westside Danville Real Estate Update

Westside Danville Real Estate Update

May 4, 2009 Westside Danville

The Westside Danville real estate market has improved over the last week.
The inventory absorption rate is now at 5 months which is higher than the overall Danville market as a whole but an improvement over the last several weeks. The uptick in activity follows in line with some recent economic projections that we are either [...]

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The Danville Real Estate Market continues to Speed Up

The Danville Real Estate Market continues to Speed Up

May 4, 2009 Danville

The real estate market in Danville is resembling more of a sellers market of late.
What we are seeing in many cases are multiple offers that are over asking price. This is in line with many economists who are suggesting that we may have hit bottom in the residential real estate market. In addition to the [...]

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