The Village Realtors Real Estate Market Report

Danville, CA

Single-Family Homes

Tom & Thomy Clements | www.VillageRealtors.com | 510-278-0800



Danville, CA

Tue Jul 17 2018
This week the median list price for Danville, CA is $1,908,500 with the market action index hovering around 50. This is less than last month's market action index of 51. Inventory has held steady at or around 122. Click here to stay informed with the Danville market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

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

Tue Jul 17 2018
This week the median list price for Danville, CA is $1,908,500 with the market action index hovering around 50. This is less than last month's market action index of 51. Inventory has held steady at or around 122. Click here to stay informed with the Danville market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Strong Seller's Market

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 $1,908,500
Per Square Foot $536
Days on Market 50
Price Decreased 39%
Price Increased 5%
Relisted 12%
Inventory 122
Median House Rent $4,025
Most Expensive $15,500,000
Least Expensive $859,000
Market Action Index
Strong Seller's Market
50

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
$3,492,000 5,806 1 - 2.5 acres 5 5 23 1 1 72
$2,293,950 4,393 0.25 - 0.5 acre 4 4 29 0 1 72
$1,649,000 3,474 0.25 - 0.5 acre 4 3 29 3 11 38
$1,289,000 2,430 8,000 - 10,000 sqft 4 2 35 5 8 18