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Market Pulse

Danville market insights

A local market update for Condo/Co-op, refreshed monthly with Redfin housing market data.

Monthly market wrap

MONTHLY MARKET WRAPDanvilleCondos · May 2026The Danville market tilted hotter inMay: most key signals moved the seller'sway.Median sale price$750K-18.4% vs AprTime to pending16d59 days faster vs AprSold over asking100%+100 pts vs AprActive listings14-17.6% vs AprGenerated by ListingCopilot.ioSource: Redfin housing market data

Sale price vs asking

SALE PRICE VS ASKINGDanvilleCondos · May 2026Bidding wars are the norm in Danville:100% of condos sold over asking.103.4%average sale price vs. asking priceSold over asking100%vs. a year ago+17 pts103.5%101.3%99.0%Sold at asking price103.4%Oct 2023May 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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The negotiation gap

THE NEGOTIATION GAPDanvilleCondos · May 2026The typical Danville condo closes +3.4%above its asking price.-$1.25Mmedian sale price minus asking priceMedian asking price$2MMedian sale price$750K$1.72M$1.22M$718KSoldAskingJan 2024May 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Median sale price

MEDIAN SALE PRICEDanvilleCondos · May 2026Danville condo values dipped -53.2% froma year ago.$750Kmedian sale priceYear over year-53.2%Homes sold last month1$1.35M$1.04M$733K$750KJan 2018Nov 2021May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Time to sell

TIME TO SELLDanvilleCondos · May 2026The typical Danville condo goes pendingin 16 days, 9 days slower than lastyear.16 daysmedian time to pendingGone within two weeks0%vs. a year ago9 days slower119d79d40d16dOct 2023May 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Active listings

ACTIVE LISTINGSDanvilleCondos · May 2026Danville inventory is down 6.7% yearover year, a steadier supply picture forcondos.14active listingsYear over year-6.7%Months of supply14.01711514Feb 2024Jun 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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Price cuts

PRICE CUTSDanvilleCondos · May 2026Price cuts are rare in Danville: just14% of listings reduced their askingprice.14%of active listings cut their asking pricevs. a year agoN/AActive listings1443%31%18%14%Mar 2024Aug 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

The two-speed market

THE TWO-SPEED MARKETDanvilleCondos · May 2026Only 0% of Danville condos went pendingwithin two weeks. Most listings aretaking their time.0%of listings went pending within two weeksMedian time to pending16 daysvs. a year ago-60 pts46%28%10%Half of listings0%Oct 2023May 2025May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

Best month to buy

BEST MONTH TO BUYDanvilleCondos · May 2026December is historically Danville'scalmest month for buyers: 7.1 pts lessover-asking than February.Decemberhistorically the calmest month for buyersBuyer's edge vs February-7.1 ptsYears of Redfin data7+Yearly averageJFMAMJJASOND-2.3 ptsBars over/under-asking vs the yearly average Line price seasonalityGenerated by ListingCopilot.ioSource: Redfin housing market data

10-year price growth

WAITING HAS A PRICEDanvilleCondos · May 2026Danville condo values are down -12% from10 years ago.-12%median sale price growth since 2016Median price in 2016$850KAverage gain per year-1.2%$996K$797K$598K$750KJan 2015May 2020May 2026Generated by ListingCopilot.ioSource: Redfin housing market data

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