Is Danville, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since February 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
$1,895,083
$752/sqft
Based on all homes sold in the last 12 months.
Difference Since February 2023
Summary: The median home sold price in Danville was $1,895,083 in February 2024, up 3.2% from last year, and the median price per square foot was $752.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2023 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $1.3M | - | N/A |
2 Bedrooms | $950K | $961K | +1.2% |
3 Bedrooms | $1.3M | $1.3M | -3.8% |
4 Bedrooms | $2.1M | $2.0M | -4.3% |
5+ Bedrooms | $2.5M | $2.3M | -6.5% |
Summary: Danville housing prices by bedroom type for February 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 1.2%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes decreased by 4.3%, and 5+ bedroom homes decreased by 6.5%.
Median Sold Price Compared To Nearby Cities
Tassajara | $1.6M | $1.7M | +4.0% |
Danville | $1.8M | $1.8M | +3.2% |
Central Contra Costa | $1.0M | $976K | -4.0% |
San Ramon | $1.6M | $1.4M | -8.0% |
Housing Supply in Danville, CA
How many homes are available in Danville, CA?
Number of Homes For Sale
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
78 | 111 | +42.3% |
Summary: The Danville real estate market had 111 homes for sale in February 2024, a 42.3% increase compared to January 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Jan 2024 | Feb 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 4 | 12 | +200.0% |
3 Bedrooms | 26 | 25 | -3.8% |
4 Bedrooms | 19 | 40 | +110.5% |
5+ Bedrooms | 29 | 34 | +17.2% |
Summary: The Danville housing inventory by bedroom type for February 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 200%, 3 bedroom homes decreased by 3.8%, 4 bedroom homes increased by 110.5%, and 5+ bedroom homes increased by 17.2%.
Number of Homes Sold
Jan 2024 | Feb 2024 | CHANGE |
---|---|---|
25 | 35 | +40.0% |
Asking Price vs. Sold Price
9 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
20 Homes Were Sold
Over Asking
Summary: A total of 35 homes were sold or pending in Danville in February 2024, up by 40.0% month-over-month. Of the 32 sold homes, 28% were sold under asking, 9% were sold at asking, and 63% 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
Feb 2023 | Feb 2024 | CHANGE |
---|---|---|
29 Days | 17 Days | -40.5% |
Summary: Homes in Danville had an average of 17 days on market in Feb 2024, down by 40.5% compared to last year.
Breakdown of Home Sale Times
30 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During February 2024, 35 homes were sold in Danville; 86% of homes were sold within 30 days, 11% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.