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
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