Wednesday, October 19, 2011

August, 2011 Danville Real Estate Market Improved Significantly Versus 1 Year Ago

danville indiana real estate data chart - August 2011
Ask real estate agents almost anywhere and they’ll tell you that the market needs fewer listings in order to restore the supply-demand balance. Fortunately for seller in Danville, fewer listings is exactly what they got as there were just 138 Danville homes for sale in August, or 6.1 percent fewer, compared to the previous month’s total of 147. The only negative side to this is the fact that, compared to last August’s figure of 129 this is a 7-percent worsening. As well, from June through August there were, on average, a total of 147 homes on the Danville real estatemarket, a 14-percent increase, compared to this same period 1 year ago, when the monthly average was 129.
View the complete, original article here.

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