Gareth Gibson - (925) 786 2848

Danville, CA

Single-Family Homes

Gareth Gibson California Real Estate - GGCARE.com - Executive Representation eXp of CA



Danville, CA

Mon Jun 24 2024
This week the median list price for Danville, CA is $2,625,000 with the market action index hovering around 61. This is an increase over last month's market action index of 60. Inventory has held steady at or around 73. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Danville, CA

Mon Jun 24 2024
This week the median list price for Danville, CA is $2,625,000 with the market action index hovering around 61. This is an increase over last month's market action index of 60. Inventory has held steady at or around 73. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Danville market.
Median List Price $2,625,000
Median Price of New Listings $2,088,888
Per Square Foot $828
Average Days on Market 64
Median Days on Market 28
Price Decreased 30%
Price Increased 1%
Relisted 15%
Inventory 73
Median Rent
Market Action 61
Strong Seller's Market

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high levels. 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
$5,074,000 6,358 1 - 2.5 acres 5 6 36 3 1 77
$2,922,500 3,520 0.25 - 0.5 acre 4 4 37 4 3 31
$2,268,944 2,727 0.25 - 0.5 acre 4 3 44 4 4 21
$1,724,900 2,136 4,500 - 6,500 sqft 4 3 43 8 6 7