Danville Real Estate Market Update

The Danville real estate market statistics

There are currently 189 Active listings in Danville. The average listing price for these homes is $1,405,000 with the highest listing being at $5,400,000 and the lowest at $599,00. The average price per square foot is $436 with the average days on market being 85. The longest on market is 546 days and the shortest is 1. There are currently 45 pending listings with the average list price for these pendings being $1,064,000. The highest list price from these pending listings is $2,750,000 and the lowest is $544,000. The average days on market for these pending home sales is 65 days with the longest on market being 224 days and the shortest being 4 days.

Third quarter sales in Danville

There were 112 homes sold in Danville during the third quarter of 2008. The average sales price for these homes was $992,000 with an average list price of $1,031,000. The highest price paid for a Danville home in Q3 was $2,900,000 and the lowest was $530,000. The average price per square foot for these sold homes was $385. The average days on market for these sold homes was 60 with the longest being 266 and the shortest being 2.sold danville home latest news

Areas doing well

Many of the homes sold during the third quarter of 2008 were in the East part of the town. These are newer homes and the sellers were very agressive with pricing. The areas of Greenbrook and

Sycamore saw modest but consistent sales and the area of Westside Danville saw homes sales drop.

Post by Bob Gibbs

Whether you are a first time home buyer or savvy investor, we are a full service professional real estate team with our primary goal to help you realize your real estate goals and dreams.

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