Monthly market wrap MONTHLY MARKET WRAP Danville Townhouses · May 2026 The Danville market eased in May: most key signals moved the buyer's way. Median sale price $1.11M ▼ -4.3% vs Apr Time to pending 60d ▲ 24 days slower vs Apr Sold over asking 17% ▲ +4 pts vs Apr Active listings 24 ▲ +14.3% vs Apr Generated by ListingCopilot.io Source: Redfin housing market data
Sale price vs asking SALE PRICE VS ASKING Danville Townhouses · May 2026 Only 17% of Danville townhouses sold over asking, so buyers have room to negotiate. 98.3% average sale price vs. asking price Sold over asking 17% vs. a year ago -29 pts 102.0% 100.4% 98.7% Sold at asking price 98.3% 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 Townhouses · May 2026 Danville townhouses are closing +1.7% below asking. The list price has become a starting point. -$886K median sale price minus asking price Median asking price $2M Median sale price $1.11M $1.76M $1.35M $932K Sold Asking Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Median sale price MEDIAN SALE PRICE Danville Townhouses · May 2026 Danville townhouse values dipped -4.5% from a year ago. $1.11M median sale price Year over year -4.5% Homes sold last month 6 $1.22M $1.05M $881K $1.11M Jun 2019 Dec 2022 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Time to sell TIME TO SELL Danville Townhouses · May 2026 The typical Danville townhouse goes pending in 60 days, 47 days slower than last year. 60 days median time to pending Gone within two weeks 29% vs. a year ago 47 days slower 74d 50d 25d 60d Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data
Active listings ACTIVE LISTINGS Danville Townhouses · May 2026 Danville inventory is down 4.0% year over year, a steadier supply picture for townhouses. 24 active listings Year over year -4.0% Months of supply 4.0 23 16 8 24 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 Townhouses · May 2026 1 in 2 Danville listings cut its asking price last month. 46% of active listings cut their asking price vs. a year ago -2 pts Active listings 24 52% 40% 28% 46% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data The two-speed market THE TWO-SPEED MARKET Danville Townhouses · May 2026 Only 29% of Danville townhouses went pending within two weeks. Most listings are taking their time. 29% of listings went pending within two weeks Median time to pending 60 days vs. a year ago -17 pts 50% 35% 20% Half of listings 29% Jun 2024 Jun 2025 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data Best month to buy BEST MONTH TO BUY Danville Townhouses · May 2026 December is historically Danville's calmest month for buyers: 3.7 pts less over-asking than April. December historically the calmest month for buyers Buyer's edge vs April -3.7 pts Years of Redfin data 11+ Yearly average J F M A M J J A S O N D -1.9 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 Townhouses · May 2026 A Danville townhouse bought in 2016 has gained +51% in value since. +51% median sale price growth since 2016 Median price in 2016 $738K Average gain per year +4.2% $1.13M $977K $820K $1.11M May 2016 May 2021 May 2026 Generated by ListingCopilot.io Source: Redfin housing market data For agents only
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