Monthly market wrap MONTHLY MARKET WRAP Danville Single-family homes · May 2026 Danville held steady in May: the key market signals were mixed. Median sale price $2.26M ▲ +17.7% vs Apr Time to pending 18d ▲ 6 days slower vs Apr Sold over asking 43% ▼ -13 pts vs Apr Active listings 55 ▼ -6.8% vs Apr Generated by ListingCopilot.io Source: Redfin housing market data
Sale price vs asking SALE PRICE VS ASKING Danville Single-family homes · May 2026 43% of Danville SFHs sold over asking, so pricing right matters more than ever. 100.8% average sale price vs. asking price Sold over asking 43% vs. a year ago -5 pts 102.1% 100.6% 99.2% Sold at asking price 100.8% 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 Single-family homes · May 2026 The typical Danville SFH closes +0.8% above its asking price. +$261K median sale price minus asking price Median asking price $2M Median sale price $2.26M $2.21M $1.93M $1.65M Sold Asking Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Median sale price MEDIAN SALE PRICE Danville Single-family homes · May 2026 Danville SFH values edged up +2.7% year over year. $2.26M median sale price Year over year +2.7% Homes sold last month 28 $2.19M $1.83M $1.46M $2.26M Jun 2019 Dec 2022 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Time to sell TIME TO SELL Danville Single-family homes · May 2026 The typical Danville SFH goes pending in 18 days, 1 day faster than last year. 18 days median time to pending Gone within two weeks 31% vs. a year ago 1 day faster 37d 25d 12d 18d Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data
Active listings ACTIVE LISTINGS Danville Single-family homes · May 2026 Danville inventory is down 19.1% year over year, keeping buyer choice tight. 55 active listings Year over year -19.1% Months of supply 2.0 69 48 27 55 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 Single-family homes · May 2026 1 in 3 Danville listings cut its asking price last month, up 15 pts from a year ago. 38% of active listings cut their asking price vs. a year ago +15 pts Active listings 55 38% 29% 21% 38% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data The two-speed market THE TWO-SPEED MARKET Danville Single-family homes · May 2026 Only 31% of Danville SFHs went pending within two weeks. Most listings are taking their time. 31% of listings went pending within two weeks Median time to pending 18 days vs. a year ago -17 pts 56% 41% 26% Half of listings 31% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Best month to buy BEST MONTH TO BUY Danville Single-family homes · May 2026 November is historically Danville's calmest month for buyers: 3.3 pts less over-asking than March. November historically the calmest month for buyers Buyer's edge vs March -3.3 pts Years of Redfin data 11+ Yearly average J F M A M J J A S O N D -1.5 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 Single-family homes · May 2026 A Danville SFH bought in 2016 has gained +85% in value since. +85% median sale price growth since 2016 Median price in 2016 $1.22M Average gain per year +6.4% $1.96M $1.65M $1.34M $2.26M May 2016 May 2021 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data For agents only
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