RE/MAX Accord's Market Report

Danville, CA

Single-Family Homes

RE/MAX Accord | Outstanding Agents! Outstanding Results!



Danville, CA

Mon Nov 18 2019
This week the median list price for Danville, CA is $1,544,000 with the market action index hovering around 42. This is about the same as last month's market action index of 42. Inventory has held steady at or around 114. 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.

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Danville, CA

Mon Nov 18 2019
This week the median list price for Danville, CA is $1,544,000 with the market action index hovering around 42. This is about the same as last month's market action index of 42. Inventory has held steady at or around 114. 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.

Slight Seller's Advantage

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Danville market.
Median List Price $1,544,000
Per Square Foot $541
Days on Market 107
Price Decreased 45%
Price Increased 3%
Relisted 15%
Inventory 114
Median Rent $3,600
Most Expensive $7,999,800
Least Expensive $749,900
Market Action 42
Slight Seller's Advantage

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
$3,469,944 5,425 0.5 - 1 acre 5 5 30 2 1 203
$1,767,499 3,484 0.25 - 0.5 acre 5 3 28 2 3 99
$1,423,900 2,678 0.25 - 0.5 acre 4 3 35 4 2 68
$1,150,000 2,119 8,000 - 10,000 sqft 4 2 42 7 0 59