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Danville Short Sale | Danville Real Estate Market Stats For Dec 2012

by Scott Fuller on February 12, 2013
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Danville Short Sale | Danville Real Estate Market Stats For Dec 2012

Danville short sale listing specialists, East Bay Short Sale Group, have compiled some new housing data for the month of Dec 2012.

The number of new listings in December of 2011 in Danville, there were 26 new listings. Fast-forward one year later to December of 2012 there were only 17 new listings. That’s down about 35%, so a lot less homes for sale one year later. To see some of our recent Danville short sale homes for sale and homes that we have closed, visit our YouTube Channel.

The number of closed sales is December of 2011 there were 61 closed sales. December of 2012 that dropped to 42 closed sales. We’re seeing a decrease of about 31% on the number of closed sales in Danville from December to December.

The inventory level of homes for sale has dropped dramatically. We know that inventory levels are down, not as many people are putting their house on the market, and of course a lot of buyers out there, which are creating a lot of competition.

But in December of 2011 there were 138 single family residences for sale in Danville. Twelve months later, December of 2012 it was down to 34 homes for sale, so that’s a decrease of 75%, in the inventory levels in Danville year-over-year.

Median sales price was actually up quite a bit from December of 2011 it went up 20%.  So December of 2011 the median sales price was $775,000. One year later, December of 2012 that increased to $927,000. So the average price of homes sold is increasing, along with the median home price, as well.

If you have any questions on Danville real estate, if you’re looking to sell a home that’s got equity in it we can certainly help you do that, and educate you on what type of offers you can expect, how long you can keep it on the market, different conditions, market conditions, and things like that.

If you’re looking to do a short sale in Danville, we are the first place to start to learn how the process works. Contact us for more information on your Danville short sale.

Danville Short Sale | Danville Real Estate Market Stats For Dec 2012

Danville Short Sale | Danville Real Estate Market Stats For Dec 2012

 

 

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