Danville CA Real Estate Market Update Video Feb 23, 2017
The Danville market is moving with double the number of pending homes in February than there were in January.
Show Notes for the Danville Market Real Estate Market Report
Hi! I’m Doug Buenz. I’m a Danville California Real Estate Agent with the 680 Group at Ventures Sotheby’s International Realty, 680homes.com. This is our market update for February 23rd, 2017 for the Danville Real Estate market.
00:18: Market’s going! This month so far to date there’s 40 new listings! That’s up 42% from January for the same time period.
00:29: Pending listings, there’s 31 pending sales so far this month. That’s double what it was in January for the same time. The market is moving. There’s definitely activity out there.
00:42: Amazingly there’s only 56 homes for sale in total in Danville right now. We continue the trend of low inventory market. The average for the early spring continues to be a low inventory market and strong activity.
00:57: Average price per square foot in Danville is $503 for the month to date for all the closings. That’s up 13.5% from last month- good indicator that the market is doing fairly well.
01:11: Days on market is unchanged. The overall days on market for closed sales in Danville is 42 days on the market. That’s unchanged from January for the same time period.
01:21: The median price for Danville is $1,000,260. That’s pretty much in line with what we’ve seen in the recent past and that’s up slightly 1.6% higher than it was in January for the same time period.
01:38: As always if we can help you or someone you know please don’t hesitate to give us a call. As Danville realtors we’re here to help. We can be reached at 925-463-2000 or on our website it’s 680homes.com. Thanks for watching!