The real estate market in Westside Danville has improved dramatically and is now keeping pace with the Town of Danville as a whole.
Over the last two years home sales in Westside Danville have been stagnate and have significantly lagged those of the Town of Danville. Traditionally the homes in Westside Danville have been coveted by people wanting to move into the east bay area. This is do to their unique nature, proximity to the charming downtown area of Danville and easy freeway access. Over the past two years the desireability of this unique area has wained as a result of the slowdown in the econimy and due to the thrift nature of today’s buyers. Over the past month we have seen a renewed interest in this area, as well as the the area of Westside Alamo. The current inventor level in the Westside is at 2.86 months which is considerably lower than the 20+ months we were experiencing earlier this year.
Current statistics for Westside Danville are as follows:
There are 20 active listings on the westside with an average list price of $1,562,682. The highest priced listing is at $3,900,000 and the lowest at $674,950. The average price per square foot is at $536 with the high at $1656.25 and the low at $332.35. The average days on market is 113 with a high of 306 and a low of 2. There are also 7 pending sales. The pending sales had an average list price of $1,729,142 with a high of $3,299,000 and a low of $899,000. The average days on market for these pending sales is 81 with a long of 215 and a short of 2.
