Intero's Market Report

Danville, CA 94506

Single-Family Homes


Danville, CA 94506

Wed Oct 04 2023
This week the median list price for Danville, CA 94506 is $2,747,000 with the market action index hovering around 56. This is about the same as last month's market action index of 56. Inventory has held steady at or around 24. 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 over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 94506

Wed Oct 04 2023
This week the median list price for Danville, CA 94506 is $2,747,000 with the market action index hovering around 56. This is about the same as last month's market action index of 56. Inventory has held steady at or around 24. 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 over time and prices plateaued for a while. Despite the consistent decrease in MAI, 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 $2,747,000
Median Price of New Listings $2,299,950
Per Square Foot $809
Average Days on Market 88
Median Days on Market 56
Price Decreased 38%
Price Increased 0%
Relisted 17%
Inventory 24
Median Rent
Market Action 56
Strong Seller's Market

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$5,300,000 4,779 0.5 - 1 acre 5 6 5 0 0 94
$2,985,000 3,707 0.5 - 1 acre 5 4 37 2 0 91
$2,497,950 3,460 0.25 - 0.5 acre 4 3.5 31 1 1 56
$1,973,500 2,567 6,500 - 8,000 sqft 3 3 35 3 4 7