The following numbers represent the current concentration of Short Sales in Pending Sale Status versus Traditional Sales in Pending Sale Status for Danville with the period ending April 26th 2012. There is a large difference between pending and active percentages of short sales. This is due to the time and effort involved in successfully getting a short sale closed. Hopefully as 2012 rolls along the process will become smoother and more timely for both sellers and buyers.
Please keep in mind that this only reflects the market on the specific day quoted. Danville Short Sales can take time and may be represented over several months in this data while traditional sales close escrow in the 30-60 day range.
Additional Homeowner Information Regarding Short Sales in Danville
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