Monthly market wrap MONTHLY MARKET WRAP Danville All home types · May 2026 Danville held steady in May: the key market signals were mixed. Median sale price $2.01M ▲ +12.4% vs Apr Time to pending 22d ▲ 8 days slower vs Apr Sold over asking 40% ▼ -5 pts vs Apr Active listings 93 ▼ -4.1% vs Apr Generated by ListingCopilot.io Source: Redfin housing market data
Sale price vs asking SALE PRICE VS ASKING Danville All home types · May 2026 40% of Danville homes sold over asking, so pricing right matters more than ever. 100.4% average sale price vs. asking price Sold over asking 40% vs. a year ago -12 pts 101.7% 100.5% 99.3% Sold at asking price 100.4% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Are you an agent? Create a branded market page for free like this for your own cities.
Try ListingCopilot → The negotiation gap THE NEGOTIATION GAP Danville All home types · May 2026 Danville homes are selling right at asking price, on average. +$12K median sale price minus asking price Median asking price $2M Median sale price $2.01M $2.16M $1.9M $1.64M Sold Asking Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Median sale price MEDIAN SALE PRICE Danville All home types · May 2026 Danville home values edged up +5.0% year over year. $2.01M median sale price Year over year +5.0% Homes sold last month 35 $1.93M $1.62M $1.3M $2.01M Jun 2019 Dec 2022 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Time to sell TIME TO SELL Danville All home types · May 2026 The typical Danville home goes pending in 22 days, 8 days slower than last year. 22 days median time to pending Gone within two weeks 30% vs. a year ago 8 days slower 42d 28d 14d 22d Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data
Active listings ACTIVE LISTINGS Danville All home types · May 2026 Danville inventory is down 14.7% year over year, a steadier supply picture for homes. 93 active listings Year over year -14.7% Months of supply 2.7 100 69 38 93 Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Buying or selling in Danville? Jason tracks this market every month and can give you a local read before your next move.
Price cuts PRICE CUTS Danville All home types · May 2026 1 in 3 Danville listings cut its asking price last month, up 11 pts from a year ago. 37% of active listings cut their asking price vs. a year ago +11 pts Active listings 93 33% 26% 18% 37% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data The two-speed market THE TWO-SPEED MARKET Danville All home types · May 2026 Only 30% of Danville homes went pending within two weeks. Most listings are taking their time. 30% of listings went pending within two weeks Median time to pending 22 days vs. a year ago -19 pts 53% 39% 25% Half of listings 30% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Best month to buy BEST MONTH TO BUY Danville All home types · May 2026 December is historically Danville's calmest month for buyers: 3.3 pts less over-asking than April. December historically the calmest month for buyers Buyer's edge vs April -3.3 pts Years of Redfin data 11+ Yearly average J F M A M J J A S O N D -1.6 pts Bars over/under-asking vs the yearly average Line price seasonalityGenerated by ListingCopilot.io Source: Redfin housing market data 10-year price growth WAITING HAS A PRICE Danville All home types · May 2026 A Danville home bought in 2016 has gained +87% in value since. +87% median sale price growth since 2016 Median price in 2016 $1.08M Average gain per year +6.4% $1.75M $1.48M $1.21M $2.01M May 2016 May 2021 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data For agents only
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