The recent economic news has not detered buyers interested in the Greenbrook area
We are seeing home showing pick while open house traffic has remained flat but robust. There seems to be pent up demand for homes and many buyers are actively searching for the right home. The issue we are currently seeing as a result of the failed mortgage market is the difficulty obtaining financing for home purchases. Once approved buyers re now seeing the loans denied while in escrow. The key to insuring that your home purchase will be funded is to not rely on the once traditional preapproval and go straight for a full loan approval prior to submitting an offer. This will save you time, aggrevation, and emotional duress.
The current activity in Greenbrook is as follows:
The are currently 16 active listings in the Greenbrook area of Danville. The average price for these active listings is $911,000 with an average price per square foot of $382. The highest price active listing is at $1,125,000 or $442.56 per square foot. The lowest price listing is at $759,000 or $329.71 per square foot. The average days on market is 87 days with the longest being 276 and the shortest being 8. There are 2 pending listings. These are priced at $779,000 and $1,350,000 respectively. The price per square foot for these homes is 400.93 and $447.76. There have been no closings this month so far.
