Danville Real Estate Market Comparison Report (february 2009 Vs. February 2010)

We analyze several housing market indicators in order to present an in-depth breakdown

of Danville Real Estate Market comparing February 2009 to February 2010.

Summary of Key Points

Danville Real Estate has had a drop in median sales price compared to last year .However units sold increased substantially and median days on market dropped .Sellers received 98% of asking price as compared to 93% last year. The market has shown signs of recovery.

Key Statistics, Danville, CA: Median Sales Price (-11.92%), Median Days on Market (-61.31%), and Number of Units Sold (60.00%), Sales Price to List Price Ratio (Feb 09 93% - Feb 10 98%)

Danville Real Estate

The city of Danville experienced an 11.92% decrease in median sales price from last year going down from $778,819 (Feb. 09) to $685,961 (Feb. 2010). Median days on market data for Danville show that houses are selling faster than Feb 09. It took 72 days in Feb 09 for a house to sell and for Feb 10 that number has gone down to 28 days (a 61.31% improvement). Another important factor to consider is total number of units sold. In the month of Feb 09, 20 units were sold compared to 32 for Feb 10 (60.00% change). Lastly we are going to take a look at the Sales Price to List Price Ratio for Danville. SP/LP ratio for Feb 09 was 93% compared to 98% for Feb 10.

Let"s take a brief look at neighbors Dublin and San Ramon. Dublin Real Estate featured a 0.87% increase in median sales price ($470,952 Feb 09 - $475,060 Feb 10) and San Ramon Real Estate saw a 1.17% increase ($599,524 Feb 09 - $606,567 Feb 10). Are houses in Dublin and San Ramon selling faster or slower this year? Well, Dublin experienced a 59.59% decrease (61 to 25 days) in median days on market and San Ramon saw a 62.59% decrease (66 to 25 days). In the units sold category, Dublin sold 5 units more (16.67%) in Feb 2010 than 09 and San Ramon sold 7 units more (12.73%) in Feb 2010 than Feb 09.

for viewing the latest market inventory

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Foreclosure Search ( Outside MLS)

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Income Properties (1-4 units)

Condo searches

New Construction Homes

In addition you will find comprehensive Lending information on FHA, VA, USDA, and Conventional Loans. There are web pages for each major city in California with loan products specific to the city including City Down Payment assistance offered.

HomeSearchFinder.com provides a Proprietary Affordability Mortgage Calculator. It matches your profile against the programs our lenders offer and instantly communicates the PreQual Mortgage amount and the Purchase price you are eligible for.

by: Shaye P

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