Danville Real Estate Market Improves in 2012

The Danville real estate market ended the year 2012 having improved significantly in several key statistical areas. Unfortunately, the total number of homes listed for sale was not among these improvements, at least not in the context of the current economy. A total of 1,566 homes were on the market in 2012, up 2.3 percent […]

Fewer Homes on Danville Market in November, 2012

The Danville real estate market saw an 11.1-percent decrease in the number of homes sold, from 27 in October to 24 in November, 2012. This comes as no surprise, considering November is the time of when most people’s thoughts typically turn to the holidays, and plans to purchase a home are increasingly put on hold […]

Danville Home Sales Rise 35 Percent in October, 2012

The Danville real estate market, while improved in some key areas, was a victim of seasonal changes that typically affect the entire Central Indiana area around this time of year. For example, a total of 7 more closings took place in October, 2012 compared to the previous month’s total of 20. This translates into a […]

Danville Real Estate Market Slides in June, 2012

After tying a 12-month low of 113 in January of this year, the total number of Danville homes for sale has continued to grow in the ensuing months, most recently hitting 6-month high of 150 listings, much to the dismay of sellers everywhere, no doubt! Not only is this recent total barely an increase over […]

Danville Average Time on Market Improves Greatly in May, 2012

While the Danville real estate market wasn’t perfect in May, 2012, there was a lot to like in terms of market performance. The average number of homes sold rose 25 percent, from 12 in April to 15 in May. What prevents this from being entirely good news is the fact that, compared to last May’s […]

Danville Home Sales Rise 28.6 Percent in February 2012

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 […]

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

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, […]

Danville December, 2011 Home Sales Up 100 Percent Versus last Year

While there were 8.4 percent fewer homes for sale in Indianapolis Indiana in December versus the previous month the market in Danville Indiana held steady at 113 listings during this same period. But compared to last December’s total of 102 this represents a 10.8-percent increase in the number of Danville homes for sale. View the […]

Danville November, 2011 Homes Sales Up 63.6 Percent Compared to Last Year

While the Indianapolis real estate market saw a 4.1 percent drop in total listings the difference in Danville Indiana was even greater as there were 5.8 percent fewer homes on the market in November compared to the previous month, or 113 versus 120 respectively. Compared to last November this is a more attenuated 2.6-percent decrease. […]

Danville Real Estate Market Not So Hot in June, 2010

The Danville real estate market didn’t look so hot in June, 2010 as evidenced by the 3 fundamental indicators of total sales, total pending sales and total homes for sale. Starting with pending sales, there was a 46.7-perent drop, from 15 in May to just 8 in June. Relative to June of 2009 this represents […]

Danville Homes Spend Average 110 Days on Market in May, 2010

There are two things that really stand out in the above graph: pending sales and close sales, both of which are interrelated. Starting with pending sales, there was a 59.1-percent drop from 22 the previous month to just 9 in May. Compared to May of 2009 this was a 25-percent drop. This significant drop translated […]

Danville Pending Sales Soar in April, 2010

No need to hit the ‘panic’ button just because the total number of homes sold in Danville, Indiana dropped 36.4 percent. That’s because pending sales soared  an incredible 177.8 percent, from 9 the previous month to 25 in April, 2010.  This stat is also up 25 percent compare to April of 2009. In further good […]

Danville Homes Spend Average of 119 Days on Market in March, 2010

The total number of homes sold in Danville, Indiana rose 33.3 percent in March, going from a 15-month low of just 6 sales in February to 8 sales in March, 2010. While this is down 20 percent from March of 2009 it is still movement in a positive direction. While this is proof that the […]

Danville Real Estate Report

The city of Danville, Indiana didn’t fare as well as other cities in Central Indiana as the total number of homes sold dropped from 9 in January to just 6 in February. This is almost identical to the figure of 7 homes sold in February of 2009.  The decline in the total sold, however, was […]