Danville Real Estate Market Update December 2018


Real Estate In Danville is a balanced market favoring buyers. There is significant amount of homes for sale in Danville, and buyers are not in a rush to buy yet. There is a 7.5 months supply of inventory on the market in Danville on December 31, 1969.



Now is the Time to Buy!

The average market time for a Single Family Homes to sell in Danville last month was 84 days.
The number of home sales in Danville from November 1, 2018 through November 30, 2018 was 10 units. That is 1% above the number of homes sold last month in Danville.

The average price per square foot in the area is now $32/Sq.Ft, which is 14% a decline from last month.



In Danville there were 4 units sold in November in the price range between $1,050 – $25,858 with an average of 3.3 bedrooms and 1.3 bathrooms and average Square footage of 1,429SF.

In Danville there were 4 units sold in November in the price range between $25,859 – $78,682 with an average of 2.8 bedrooms and 1.3 bathrooms and average Square footage of 1,453SF.

In Danville there were 2 units sold in November in the price range between $78,683 – $106,700 with an average of 3 bedrooms and 2.1 bathrooms and average Square footage of 1,955SF.

The low price range had the most activity. Homes up to $25,858 were on the market on average 108 days and sold an average of $13,387.

If you are looking for a new home for you and your family, or looking for an investment property, you can’t go wrong by getting a prime piece of real estate in Danville. Search all Danville homes for Sale on propertyup.com If you are considering viewing Danville, you may want to do so now!

Danville
Oct 1, 2018 – Oct 31, 2018
Nov 1, 2018 – Nov 30, 2018
Month
October
November
Average Listing Price
$96,883
$96,883
Median Sales Price
$59,566
$50,665
Month supply of inventory
10.1
7.5
Market Time Detached
66 days
84 days
Market Time Attached
0 days
0 days
Inventory
61 properties
46 properties
Low price range
$31,700 – $45,633
$1,050 – $25,858
Low price range market time
75 days
108 days
Low price range units sold
0
4
Low price range bedrooms
3
3.3
Low price range bathrooms
2
1.3
Low price range approx sqft
1,762 SF
1,429 SF
Mid price range
$45,634 – $67,282
$25,859 – $78,682
Mid price range market time
0 days
91 days
Mid price range units sold
0
4
Mid price range bedrooms
0
2.8
Mid price range bathrooms
0
1.3
Mid price range approx sqft
0 SF
1,453 SF
High price range
$67,283 – $75,000
$78,683 – $106,700
High price range market time
62 days
25 days
High price range units sold
2
2
High price range bedrooms
2.5
3
High price range bathrooms
1.1
2.1
High price range approxsqft
1,431 SF
1,955 SF

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source https://realestatevibe.com/danville-real-estate-market-update-December-2018/

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