Danville Annual Real Estate Trends

Danville
(Single Family Homes)
  Average Median Units     Percent Change
Price Price Sold DOM SP/LP Average Median Sold
1998 $486,441 $455,000 1084 49 98.2%      
1999 $581,622 $535,000 1061 26 98.0% 19.6% 17.6% -2.1%
2000 $751,102 $655,000 911 20 99.3% 29.1% 22.4% -14.1%
2001 $779,116 $700,000 663 26 96.8% 3.7% 6.9% -27.2%
2002 $805,808 $726,750 904 22 98.0% 3.4% 3.8% 36.3%
2003 $859,140 $775,000 858 27 97.7% 6.6% 6.6% -5.1%
2004 $941,295 $850,000 598 19 99.1% 9.6% 9.7% -30.3%
2005 $1,190,527 $1,083,500 450 15 100.0% 26.5% 27.5% -24.7%
2006 $1,198,720 $1,060,000 431 19 97.8% 0.7% -2.2% -4.2%
2007 $1,157,032 $1,037,500 404 38 97.4% -3.5% -2.1% -6.3%
2008 $1,022,580 $932,500 286 61 95.8% -11.6% -10.1% -29.2%
2009 $928,537 $845,000 418 74 95.5% -9.2% -9.4% 46.2%
2010 $910,971 $850,000 526 52 96.7% -1.9% 0.6% 25.8%
2011 $878,459 $820,000 559 53 97.0% -3.6% -3.5% 6.3%

Danville
(Condos/Town Homes)
  Average Median Units     Percent Change
Price Price Sold DOM SP/LP Average Median Sold
1998 $250,738 $262,000 272 31 97.2%      
1999 $295,122 $305,000 294 20 99.0% 17.7% 16.4% 8.1%
2000 $350,927 $357,000 293 15 99.9% 18.9% 17.0% -0.3%
2001 $411,217 $413,000 209 23 98.9% 17.2% 15.7% -28.7%
2002 $417,326 $420,000 288 20 98.6% 1.5% 1.7% 37.8%
2003 $447,730 $448,000 284 21 99.1% 7.3% 6.7% -1.4%
2004 $514,540 $515,000 200 11 101.2% 14.9% 15.0% -29.6%
2005 $640,641 $648,000 178 13 101.1% 24.5% 25.8% -11.0%
2006 $637,964 $653,000 160 22 98.9% -0.4% 0.8% -10.1%
2007 $601,992 $610,000 137 44 98.2% -5.6% -6.6% -14.4%
2008 $525,938 $532,250 84 70 97.2% -12.6% -12.7% -38.7%
2009 $447,869 $459,000 143 60 98.8% -14.8% -13.8% 70.2%
2010 $439,293 $455,400 172 52 98.0% -1.9% -0.8% 20.3%
2011 $395,787 $420,000 151 57 98.0% -9.9% -7.8% -12.2%

DEFINITIONS

Med. Price
Median Price is that at which 50% of properties sold were above that price and 50% were below.
Ave. Price
Average Price is the sum of all prices divided by the number of sales.
Ave. DOM
Average Days on Market is the average time it took to sell all properties.
Newly Listed
How many properties came on the market in the given time period.

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