Danville Indiana Real Estate Market - December 2009

Home Sales in Danville for the month of December were above last years sales. There were 11 sales last month, compared to 7 sales in December 2008. The averages for December 2009:

• The highest home sale was $217,900 for a four bedroom, 3 bath home with 2433 square feet.
• The lowest priced home sold was a two bedroom, 1 bath home with 1228 square feet.
• The average days on market was 59 days.

Danville Real Estate Sold

Danville homes sold,  subdivision, home levels, garage, basement, square feet and price. The most popular subdivision sales in Danville were in Stratford Ridge and Clear Creek, which represents two distinct home buyers, the first time home buyer and the move up home buyer.

Danville Real Estate Market Snapshot - Comparing 2008-2009

Average home price for Danville Indiana Home Sales in 2009 compared to 2008 shows a trend of lower home prices, but at the end of the year average home prices were not far off where they were a year ago. The number of homes sold has trended up. This could represent an influence from first time homebuyers, since the average home price in Danville is lower than the neighboring cities of Avon, Brownsburg and Plainfield.

# of homes sold in Danville 2008-2009

Copyright © 2010 by Paula Henry, All Rights Reserved. *Danville Indiana Real Estate Market Report – December 2009 * ____________________________________________________________________________

Statistics were obtained from the Metropolitan Indianapolis Board of Realtors (MIBOR) data and are representative of Indianapolis homes which were  listed on the Indianapolis BLC; private sales are not included. All information is believed to be accurate, but is not guaranteed.

Indianapolis Real Estate Blog, written by Paula Henry, an Indianapolis Realtor and team leader of The Home to Indy Team at Keller Williams Realty, serving the Indianapolis and Danville Indiana real estate markets.