Real estate market report for detached homes in Danville, California
Active Listings
Number of Active Listings = 142, of which 7 are short sales and 4 are bank-owned
The highest list price is $3,995,000
The average list price is $1,273,758 and the median*list price is $1,062,450
The lowest list price is $460,000
In Contract and Pending
There are 112 homes pending, of which 46 are short-sales and 1 is bank-owned. The sold price is not disclosed until the transactions close.
Closed detached Danville home sales for the recent month (3/20/2010 - 4/20/2010):
Number of closed sales = 45
The highest closed price is $1,700,000
The average closed price is $941,866 and the median* closed price is $874,900
The lowest closed price is $585,000
Danville real estate by quartile:
The top 25% (first quartile) averages of 4500 s.f., 5 bedrooms, 4.5 baths and a .50 - 1.0 acre lot with a median price of $1,999,000.
The second 25% (second quartile) averages 3276 s.f., 4 bedrooms, 3 baths and a .25 - .50 acre lot with a median price of $1,196,750.
The third 25% (third quartile) averages 2466 s.f., 4 bedrooms, 2.5 baths and a 8,000-10,000 s.f. lot with a median price of $882,450.
The fourth 25% (fourth quartile) averages 1926 s.f., 3 bedrooms, 2.5 baths and a 8,000-10,000 s.f. lot with a median price of $733,000.
*Median price is the mid-point of the market where half of the homes are above this point and half are below.
Real estate market report for condos/townhomes in Danville, California
Active Listings
Number of Active Listings = 47, of which 8 are short sales and 6 are bank-owned
The highest list price is $720,000
The average list price is $440,734 and the median*list price is $433,000
The lowest list price is $199,000
In Contract and Pending
There are 38 homes pending, of which 19 are short-sales and 2 are bank-owned. The sold price is not disclosed until the transactions close.
Closed Danville condo/townhome sales for the recent month (3/20/2010 - 4/20/2010):
Number of closed sales = 11, of which 2 are short-sales and 1 is bank-owned.
The highest closed price is $490,000
The average closed price is $410,056 and the median* closed price is $452,000
The lowest closed price is $273,000
Danville real estate by quartile:
The top 25% (first quartile) averages of 1885 s.f., 3 bedrooms, 2.5 baths with a median price of $579,000.
The second 25% (second quartile) averages 1553 s.f., 3 bedrooms, 2.5 baths with a median price of $499,950.
The third 25% (third quartile) averages 856 s.f., 2 bedrooms, 2 baths with a median price of $359,900.
The fourth 25% (fourth quartile) averages 980 s.f., 2 bedrooms, 2 baths with a median price of $319,000.
For additional details, please visit my interactive real estate trend chart for Danville, California.

Wendy Cutrufelli
Broker Associate
925.917.1135
The positions on this site are my own and don't necessarily represent Alain Pinel Realtors' positions, strategies or opinions.

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