Dramatic Slowdown in the Westside Danville Real Estate Market

Current Westside Danville Real Estate Market

There are currently 24 active homes on the market in Westside Danville. The average price for these homes is $1,554,000 with an average price per sq. ft of $500. The average days on market is 60. Additionally there are 2 Pending listings. These Pendings had an average list price of $1,300,000 with and average price per sq. ft. of $544 and an average days on market of 69. These statistics indicate an inventory level of 12 months which is considered a buyers real estate market.

Analysis of the current Westside Danville real estate market

The fact that the market is a buyers market point to the overall change in the Westside Danville market. In the past the coveted Westside Danville market would regularly see multiple offers and over asking price sales. The Sycamore area of Danville has seen a dramatic slowdown as well but sales but prices are still holding in both areas.  The Greenbrook area homes sales have tracked almost identically with the overall Danville market.

Reasons for the strength in the Westside Danville Real Estate market

Because of the high quality schools, ample recreational

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Museum of the San Ramon Valley

 opportunties, and kid friendly environment, Westside Danville is still a destination point for people moving into the East Bay area.

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.

Bob has written 1168 articles.



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