RE/MAX Accord's Market Report

Danville, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Danville, CA

Thu Aug 06 2020
This week the median list price for Danville, CA is $1,808,993 with the market action index hovering around 57. This is an increase over last month's market action index of 48. Inventory has held steady at or around 84. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Danville, CA

Thu Aug 06 2020
This week the median list price for Danville, CA is $1,808,993 with the market action index hovering around 57. This is an increase over last month's market action index of 48. Inventory has held steady at or around 84. 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

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Danville market.
Median List Price $1,808,993
Per Square Foot $547
Days on Market 74
Price Decreased 30%
Price Increased 1%
Relisted 15%
Inventory 84
Median Rent $3,800
Most Expensive $6,499,800
Least Expensive $1,025,000
Market Action 57
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$3,588,800 5,584 1 - 2.5 acres 6 6 29 1 3 121
$1,999,999 4,288 0.25 - 0.5 acre 5 4 31 7 5 85
$1,579,900 3,120 0.25 - 0.5 acre 4 3 36 2 7 65
$1,349,000 2,565 6,500 - 8,000 sqft 4 3 34 7 9 23