Is Danville, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since June 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
$1,961,250
$767/sqft
Based on all homes sold in the last 12 months.
Difference Since June 2023
Summary: The median home sold price in Danville was $1,961,250 in June 2024, up 11.2% from last year, and the median price per square foot was $767.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Jun 2023 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $940K | $974K | +3.6% |
3 Bedrooms | $1.2M | $1.4M | +7.9% |
4 Bedrooms | $1.9M | $2.0M | +9.4% |
5+ Bedrooms | $2.3M | $2.6M | +13.9% |
Summary: Danville housing prices by bedroom type for June 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 3.6%, 3 bedroom homes increased by 7.9%, 4 bedroom homes increased by 9.4%, and 5+ bedroom homes increased by 13.9%.
Median Sold Price Compared To Nearby Cities
Tassajara | $1.6M | $1.8M | +16.4% |
Danville | $1.7M | $1.9M | +11.2% |
San Ramon | $1.4M | $1.5M | +4.3% |
Central Contra Costa | $972.2K | $1.0M | +3.0% |
Housing Supply in Danville, CA
How many homes are available in Danville, CA?
Number of Homes For Sale
May 2024 | Jun 2024 | CHANGE |
---|---|---|
199 | 204 | +2.5% |
Summary: The Danville real estate market had 204 homes for sale in June 2024, a 2.5% increase compared to May 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | May 2024 | Jun 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 17 | 14 | -17.6% |
3 Bedrooms | 45 | 52 | +15.6% |
4 Bedrooms | 77 | 89 | +15.6% |
5+ Bedrooms | 60 | 49 | -18.3% |
Summary: The Danville housing inventory by bedroom type for June 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 17.6%, 3 bedroom homes increased by 15.6%, 4 bedroom homes increased by 15.6%, and 5+ bedroom homes decreased by 18.3%.
Number of Homes Sold
May 2024 | Jun 2024 | CHANGE |
---|---|---|
71 | 79 | +11.3% |
Asking Price vs. Sold Price
25 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
44 Homes Were Sold
Over Asking
Summary: A total of 79 homes were sold or pending in Danville in June 2024, up by 11.3% month-over-month. Of the 75 sold homes, 33% were sold under asking, 8% were sold at asking, and 59% 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
Jun 2023 | Jun 2024 | CHANGE |
---|---|---|
15 Days | 16 Days | +5.0% |
Summary: Homes in Danville had an average of 16 days on market in Jun 2024, up by 5% compared to last year.
Breakdown of Home Sale Times
63 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During June 2024, 79 homes were sold in Danville; 80% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.