Homes sales in Danville continue to be strong.
In light of the recent increase in consumer confidence reported by many economists and media professionals I am happy to report that the Danville real estate market continues to show its’s strength. The current inventory level is at 2.55 months which is flirting with being a sellers market. Homes in all price ranges are selling quickly and with multiple offers. However, there are many homes that continue to sit. We find that the homes not moving either are in an undesireable location, or are priced above where people are willing to spend. Some of the strong areas are Greenbrook, Sycamore, and even Westside Danville. The Westside Alamo market is also holding it’s own.
The current statistics for Danville Real Estate are as follows:
There are 199 active listings in Danville with an average sales price of $1,268,268. The highest price listing is at $4,500,000 with the lowest priced at $559,900. The average price per square foot is at $411 with the highest at $2,243.59 and the lowest at $202.38. The average days on market is 94 with the longest at 419 and the shortest at 0. There are 78 pending sales within the Danville real estate market. The average list price is at $1,041,086 with the highest priced at $3,299,000 and the lowest at $399,950. The average price per square foot is at $355 with the high at $736.38 and the lowest at $208.33.
