Danville Home Sales Rise 28.6 Percent in February 2012

Real Estate Report by m.s.Woods Real Estate, LLC. –  Improvement could be seen in many areas of the Danville real estate market in February of 2012. But this is not to say it was without its shortcomings. For example, total listings rose 1.8 percent. While this is not a terrible thing it does not help a market that is already struggling with an over-abundance of listings already. What’s more, compared to last February’s total of 102 listings this is actually an increase of 12.7 percent. In comparison, the neighboring Indianapolis real estate market saw a 15.2-percent decrease in the total listings versus where it was 1 year ago. In a different comparison, the Danville Indiana market saw an average of 114 homes listed per month from December of 2011 through Indianapolis real estate of this year, or 11.8 percent fewer, compared to this same period 1 year ago.

View the complete, original article here.