Danville Real Estate Median Sold Price Is $769,000 in September 2012

Let’s take a look at the real estate market activities in Danville during the month of September:

The number of active listings was down 48% from the previous year. Buyers who waited to buy now have smaller inventory to choose from

Compared to last year the listing market time was down 32%. This lower number of days signals a positive trend in the local inventory turnover rate

Meanwhile the median for sale price is $864000, up 8% from the same time last year

Over all the number of homes sold was down 2%, a direct reflection of very low inventory

Median sold price is up 1%

Median sold price in September this year is down 11% over median asking price

Under contract properties is up 19%, with most listings are off the market in less than a week

The Months Supply is down 68%, currently we less than 1 month of inventory

If you are thinking about buying Danville real estate, now is the time.

Contact your Danville, Ca local realtor Mona Koussa today. 925-831-9615

This entry was posted on Wednesday, October 10th, 2012 at 10:39 pm and is filed under Blog, Danville homes for sale, Danville Real estate . You can follow any responses to this entry through the RSS 2.0 feed . You can leave a response , or trackback from your own site .

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