Intero's Market Report

Danville, CA

Single-Family Homes



Danville, CA

Mon Dec 11 2023
This week the median list price for Danville, CA is $2,696,500 with the market action index hovering around 47. This is less than last month's market action index of 49. Inventory has decreased to 48. 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 have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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

Mon Dec 11 2023
This week the median list price for Danville, CA is $2,696,500 with the market action index hovering around 47. This is less than last month's market action index of 49. Inventory has decreased to 48. 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 have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to 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 $2,696,500
Median Price of New Listings $1,969,500
Per Square Foot $811
Average Days on Market 98
Median Days on Market 46
Price Decreased 21%
Price Increased 2%
Relisted 6%
Inventory 48
Median Rent
Market Action 47
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
$5,300,000 6,352 0.5 - 1 acre 5 6 5 0 1 150
$3,446,500 3,620 0.25 - 0.5 acre 5 4 27 0 1 35
$2,409,500 3,252 0.25 - 0.5 acre 5 3.8 34 3 0 28
$1,734,919 2,188 8,000 - 10,000 sqft 4 3 46 5 2 14