The westside Danville Real estate market has slowed to a snails pace of the last several weeks
Currently there are 21 active listings on the westside of Danville. The average price for these active listings is $1,640,273. The highest price active property is listed at $4,500,000 with the lowest priced at $675,000. The average price per square foot is at $516 with the highest being at $818.18 and the lowest at $331.16. The average days on market for these homes is 105 with the longest being at 265 and the shortest at 5 days.
The westside Danville real estate market is drastically different than that of Danville as a whole.
The Danville market has consistently displayed inventory absorption rates of 5-7 months while the westside has been fluxuating between 7-24 months. In fact there are no pendings currently in the westside so the absorption rate in incalculable. The westside market very closely resembles the Westside Alamo real estate market in terms of size, number of active properies and absorption rate with the differences being that homes in the Westside of Alamo are more expensive and they tend to be on the active market for longer periods of time. Conversely, the homes in the Greenbrook and Sycamore areas of Danville perform at a level more consistent with Danville as a whole with the difference being that homes in Greenbrook and Sycamore tend to be less expensive than those on the Westside of Danville.
