Danville’s February Real Estate Update

Welcome to the first day of Spring! Let’s look over the Danville Real Estate Market for the first two months of 2012. Starting with the attached home segment we see that sales are similar while values are up a notch. Single Family home sales are a little under last year’s pace while median pricing was slightly lower. The time to get a home into escrow has declined. Keep in mind at this point in the year the data samples are small. We should get a better idea of the market when I post the full first quarter stats in the next couple of weeks. One thing I can say is that this is a very active spring thus far and, as I have mentioned in other markets, inventory is lacking.

Danville Year End Real Estate Review for 2011