Danville Real Estate Review 2011 versus 2010 through October

The Danville Real Estate Market is closing out 2011 very similar to 2010. This is good news at this point in the year as the home buyer tax credit gave a bump to sales in the first six months of last year. In the single family home market we see a moderate increase in the number of sales and the average marketing time has only increased by two days. Median home prices have shown a slight drop of just a tick over 3%. Townhomes and condominiums, like many other areas of the Tri-Valley are underperforming. Unit sales and median prices are down while marketing time, while still good, increased slightly over last year. Feel free to contact me for additional information on homes or neighborhoods in Danville.