Danville CA Condo/Townhomes for Sale

By John | Published: February 3, 2011

Sales Trends & Forecast for Danville California
Condos & Townhomes Sales 2011

Here is some market data for condos and townhomes sales in Danville, California. We’ve been looking closely at some of our primary markets so we can provide homebuyers and homesellers in Danville useful information to help them understand the “reality of the market.”

Here are the basic numbers for all condos and town homes sold in Danville, CA over the last two years.

Danville	94506	94526
Condos/Townhomes – 2010 Sales/2009 Sales

Under $400,000	9 / 1	45 / 51
$400,000 – $499,000	17 / 13	32 / 23
$500,000 – $599,000	16 / 10	15 / 14
$600,000 – $699,000	4 / 6	4 / 7
Over $700,000	1 / 0	1 / 0

Danville 94506

Number of Condos/Townhomes sold in 94506 in 2010 = 47 in 2009 = 30. An increase of 17 homes or 56.7%. The Median Price of Sold Properties in the last 365 days compared to the previous 365 days has decreased by $33,157. This represents a percentage increase of -6.4%.

In the $400,000 to $500,000 price range, the average sales price was $487,558 with an average of 37 days on market. 23% of the homes sold in this price range had at least 1 price change before they sold.

Danville 94526

Number of Condos/Townhomes sold in 94526 in 2010 = 97 in 2009 = 95. An decrease of 2 homes or 2.1%. The Median Price of Sold Properties in the last 365 days compared to the previous 365 days has increased by $1,000. This represents a percentage decrease of 3.0%.

In the $400,000 to $500,000 price range, the average sales price was $446,141 with an average of 47 days on market. 50% of the homes sold in this price range had at least 1 price change before they sold.

Condos & Townhomes for Sale Near Downtown Danville

Looking at current MLS data for Condos and townhomes for sale on Danville’s west side we find only 3 homes for sale:

1 Conventional Listing (no short sale or foreclosure)
2 Potential Short Sales

These condos and townhomes are priced from $265,000 to $279,950. One unit has been on and off the market since mid 2009 and has seen a 39% drop in asking price over that time period. One is a new listing and the other has had an agent change, but no price change.

The MLS shows no pending sales or condos/townhomes sold in the last 30 days on the west side of Danville.

On the east side of Danville (I-680 from Sycamore Valley Road to Crown Canyon), we find 11 condos and townhomes for sale. These homes are priced from $135,000 to $600,000.

2 Conventional Listings
5 Potential Short Sales
4 REOs (bank owned properties – foreclosures)

Four of these condos and townhomes have had price reductions. There are 7 pending condo and townhome sales in this area of Danville and 1 unit shows sold in the last 30 days.

Here is the data for the 17 condos and townhomes sold in Danville over the last year. The last figure is the difference between the original asking price and the actual sold price. You can click on the image for a larger view.