Home Values Slowly Rising in 94526

It’s good news for homeowners in Danville CA – home prices are rising, but don’t run to the bank to pull money out yet. We’ve pulled the data for home sales in Danville zip code 94526 and also looked specifically at the numbers for homes in the price range of our new listing on Logan Lane.

In the last 5 days, 129 real estate agents and 121 clients have viewed our MLS listing for this luxury home in Danville CA. Looking at MLS data for 18 homes priced above $1 million that sold in the last 60 days:

• Days on Market ranged from 0 to 14
• $1.2 Million was the highest sold price
• 1 home sold for 96% of asking price
• 3 homes sold for 100% of asking price
• 1 home sold for 106% of asking price
• 1 home sold for 126% of asking price

There are 51 $million+ homes currently for sale in Danville 94526. Four of these are potential short sales and 1 is an REO (foreclosure).

18-Month MLS Trends for Danville CA 94526

In the last 18 months there were 737 total properties listed that were not withdrawn or cancelled.

1. 63 are active
2. 94 properties are pending
3. 580 properties were sold
4. average sales price was $754,330
5. median sales price was $723,000
6. average DOM (Days on Market) for active listings is 32 – pending is 35, – sold is 40

We have divided the properties into 3 price sets; low, medium and high to give you a better sense of how different listings fared for days on market and list-to-sale price ratios. The price range of properties sample is between $295,000 listing price to $4,200,000 listing price, and between $149,000 sold price and $3,850,000 sold price.

Comparable properties in this sample at the low end of the price spectrum sold on average in 28 DOM, in the medium range in 29 DOM, and at the higher end of the price range in 41 DOM.

(click images to enlarge)

18-Month Trend Charts for Home Sales Activity

Keep in mind that the numbers for June are not yet complete.

Email Craig if you would like to know more about buying or selling a home or condo in Danville, CA (925) 984-4910

Contact The Harper Team (925) 984-4910 to request more info on the following homes for sale in Danville CA

Showing properties 1 - 5 of 89. See more Real estate in the city of Danville.
(all data current as of 5/25/2013)

1. $699,900 : 175 GIL BLAS RD, DANVILLE
   
   3 beds, 1 full bath

   Home size: 1,144 sq ft

   Lot size: 9,375 sqft
2. $579,000 : 1963 RANCHO VERDE CIRCLE, DANVILLE
   
   3 beds, 2 full baths

   Home size: 1,539 sq ft

   Lot size: 3,660 sqft
3. $648,000 : 1972 S Forest Hill PL., DANVILLE
   
   3 beds, 2 full, 1 part baths

   Home size: 1,600 sq ft

   Lot size: 3,150 sqft
4. $549,000 : 22 ADOBE CT, DANVILLE
   
   3 beds, 2 full baths

   Home size: 1,680 sq ft

   Lot size: 17,100 sqft
5. $1,269,000 : 321 MERRILEE PL, DANVILLE
   
   4 beds, 3 full baths

   Home size: 2,611 sq ft

   Lot size: 30,450 sqft

Listing information deemed reliable but not guaranteed. Read full disclaimer.