Danville Sees Huge 85.7-Percent Increase in Pending Sales in January, 2012

Real Estate Report by m.s.Woods Real Estate, LLC. –  While there was no change in the total number of homes for sale in Danville, there was a 9.7-percent increase in Danville listings compared to 1 year ago. January’s total of 113 listings, however, is still a long ways away from the 15-month high of 158 that occurred in May, 2011. In way of comparison, the Indianapolis real estate market underwent a 2.4-percent decrease in total listings in January, 2012 compared to the previous month, and a 17-percent decrease versus January of 2011. The market in Danville Indiana, because it is much smaller, is more prone to large changes from one month to the next.

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