Danville California Real Estate Market Remains Choppy

The MLS trend graph for the Danville real estate market looks like choppy water – up, down, up, down – for both active listings and pending sales. The gap between the two isn’t decreasing which means this market is still very much in the buyer’s corner.

Looking at the community snap shop from the weekly Danville Market Details Report, we see that 56% of Danville homes being tracked showed a price decrease and the average days on market continues to rise. We continue to see sellers trailing the market in their price reductions as they try to squeeze every nickel they can out of the house.

Danville homes for sale represent a great opportunity for buyers as we head into the end of the year. The continued fluctuations in the economy help buyers more than sellers. Confident buyers are firmly in the power position for negotiating a good deal on homes in Greenbrook, Shadow Hills and other Danville neighborhoods.

As Warren Buffet said this week, "A simple rule dictates my buying: be fearful when others are greedy, and be greedy when others are fearful. And most certainly, fear is now widespread, gripping even seasoned investors."

This is a great real estate market in Danville for buyers that are looking for a large selection of homes to choose from and the perfect set of circumstances to provide them with the home of their dreams at a fantastic price.