Your Bay Area Market Update

Danville, CA 94506

Single-Family Homes

SAMANTHA RODRIGUEZ | The Agency | 925.683.8947 | http://www.samanthastith.com



Danville, CA 94506

Fri Jan 21 2022
This week the median list price for Danville, CA 94506 is $2,999,800 with the market action index hovering around 77. This is less than last month's market action index of 82. Inventory has decreased to 5. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Danville, CA 94506

Fri Jan 21 2022
This week the median list price for Danville, CA 94506 is $2,999,800 with the market action index hovering around 77. This is less than last month's market action index of 82. Inventory has decreased to 5. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Danville market.
Median List Price $2,999,800
Median Price of New Listings $2,674,900
Per Square Foot $649
Average Days on Market 88
Median Days on Market 49
Price Decreased 0%
Price Increased 0%
Relisted 0%
Inventory 5
Median Rent
Market Action 77
Strong Seller's Market

Despite this week’s down tic, price trends in this zip code have generally been moving up lately. We are below the market’s high point, and we’ll investigate the Market Action Index later on to see if we expect this week’s blip to become a downward 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
$5,888,888 7,000 1 - 2.5 acres 6 8 41 0 0 182
$4,500,000 7,010 1 - 2.5 acres 4 5 33 0 0 210
$2,999,800 4,621 0.5 - 1 acre 5 5 20 1 0 0
$2,550,000 3,775 5 - 10 acres 4 3 35 1 1 24