RE/MAX Accord's Market Report

Danville, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Danville, CA

Thu Feb 06 2025
This week the median list price for Danville, CA is $2,298,000 with the market action index hovering around 54. This is less than last month's market action index of 57. Inventory has increased to 45. Click here to stay informed with the Danville market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Danville, CA

Thu Feb 06 2025
This week the median list price for Danville, CA is $2,298,000 with the market action index hovering around 54. This is less than last month's market action index of 57. Inventory has increased to 45. Click here to stay informed with the Danville market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

The market has started cooling and prices have been flat for several weeks. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Danville market.
Median List Price $2,298,000
Median Price of New Listings $2,046,500
Per Square Foot $865
Average Days on Market 80
Median Days on Market 21
Price Decreased 22%
Price Increased 7%
Relisted 22%
Inventory 45
Median Rent
Market Action 54
Strong Seller's Market

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$4,288,000 4,735 0.5 - 1 acre 5 5 3 1 0 42
$2,794,000 3,500 0.25 - 0.5 acre 4 3 38 3 1 49
$2,049,000 2,553 0.25 - 0.5 acre 4 3 42 6 6 7
$1,737,450 1,966 4,500 - 6,500 sqft 3 2 47 6 1 7