Is Danville, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, Danville has remained a Seller's Market.
Housing Prices in Danville, CA
How much do homes in Danville, CA cost?
Median Sold Price
$1,926,666
$758/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Danville was $1,926,666 in April 2024, up 8.9% from last year, and the median price per square foot was $758.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $940K | $875K | -6.9% |
3 Bedrooms | $1.3M | $1.3M | +5.8% |
4 Bedrooms | $2.0M | $2.0M | +1.6% |
5+ Bedrooms | $2.3M | $2.4M | +6.2% |
Summary: Danville housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6.9%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 1.6%, and 5+ bedroom homes increased by 6.2%.
Median Sold Price Compared To Nearby Cities
Danville | $1.7M | $1.9M | +8.9% |
Tassajara | $1.6M | $1.7M | +8.9% |
San Ramon | $1.5M | $1.5M | -0.5% |
Central Contra Costa | $991.9K | $983.3K | -0.9% |
Housing Supply in Danville, CA
How many homes are available in Danville, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
152 | 199 | +30.9% |
Summary: The Danville real estate market had 199 homes for sale in April 2024, a 30.9% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 14 | 17 | +21.4% |
3 Bedrooms | 28 | 40 | +42.9% |
4 Bedrooms | 59 | 78 | +32.2% |
5+ Bedrooms | 51 | 64 | +25.5% |
Summary: The Danville housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 21.4%, 3 bedroom homes increased by 42.9%, 4 bedroom homes increased by 32.2%, and 5+ bedroom homes increased by 25.5%.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
47 | 72 | +53.2% |
Asking Price vs. Sold Price
19 Homes Were Sold
Under Asking
5 Homes Were Sold
At Asking
45 Homes Were Sold
Over Asking
Summary: A total of 72 homes were sold or pending in Danville in April 2024, up by 53.2% month-over-month. Of the 69 sold homes, 28% were sold under asking, 7% were sold at asking, and 65% were sold over asking.
Days on Market for Danville, CA
How long does it take to sell a home in Danville, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
15 Days | 13 Days | -10.6% |
Summary: Homes in Danville had an average of 13 days on market in Apr 2024, down by 10.6% compared to last year.
Breakdown of Home Sale Times
65 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 72 homes were sold in Danville; 90% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 1% of homes were sold over 90 days.