Danielle Cranston's Market Update

Danville, CA

Single-Family Homes

925-451-6338



Danville, CA

Sat Nov 27 2021
This week the median list price for Danville, CA is $2,986,500 with the market action index hovering around 91. This is about the same as last month's market action index of 91. Inventory has decreased to 22. 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 achieved a relative stasis point in terms of supply and demand - conditions don’t seem to be getting hotter or cooler. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as a result.

Danville, CA

Sat Nov 27 2021
This week the median list price for Danville, CA is $2,986,500 with the market action index hovering around 91. This is about the same as last month's market action index of 91. Inventory has decreased to 22. 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 achieved a relative stasis point in terms of supply and demand - conditions don’t seem to be getting hotter or cooler. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as a result.

Real-Time Market Profile

Never miss important changes in the Danville market.
Median List Price $2,986,500
Median Price of New Listings $1,895,000
Per Square Foot $831
Average Days on Market 125
Median Days on Market 74
Price Decreased 18%
Price Increased 9%
Relisted 5%
Inventory 22
Median Rent
Market Action 91
Strong Seller's Market

Prices continue their climb again this week. We’re a long way from the market’s price high-point so watch the Market Action Index as an indicator of how long this trend will last.

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 5,000 N/A 5 5 34 0 1 147
$4,500,000 5,741 1 - 2.5 acres 5 5 32 0 0 91
$2,750,000 4,133 0.25 - 0.5 acre 5 4.3 33 2 2 24
$1,735,000 2,139 8,000 - 10,000 sqft 4 3 49 3 3 3