Danville Annual Real Estate Trends

Danville
(Single Family Homes)
  Prices Other % Change from Year Before
Average Median Sold DOM SP/LP Average Median Sold
2012 $906,096 $830,000 681 49 98.6%      
2013 $1,044,451 $955,000 664 26 99.8% 15.3% 15.1% -2.5%
2014 $1,185,861 $1,075,000 629 24 100.8% 13.5% 12.6% -5.3%
2015 $1,231,550 $1,149,000 709 26 100.4% 3.9% 6.9% 12.7%
2016 $1,341,865 $1,220,000 763 32 98.3% 9.0% 6.2% 7.6%
2017 $1,399,665 $1,300,888 805 26 99.8% 4.3% 6.6% 5.5%
2018 $1,474,538 $1,361,500 742 28 99.9% 5.3% 4.7% -7.8%
2019 $1,489,667 $1,352,500 742 33 98.8% 1.0% -0.7% 0.0%
2020 $1,618,900 $1,499,450 864 21 101.1% 8.7% 10.9% 16.4%
2021 $2,006,399 $1,875,000 929 12 108.0% 23.9% 25.0% 7.5%
2022 $2,348,474 $2,245,000 529 17 106.6% 17.0% 19.7% -43.1%
2023 $2,170,764 $2,015,000 475 21 99.9% -7.6% -10.2% -10.2%
2024 $2,393,385 $2,179,000 492 20 101.0% 10.3% 8.1% 3.6%

Danville
(Condos/Town Homes)
  Prices Other % Change from Year Before
Average Median Sold DOM SP/LP Average Median Sold
2012 $435,526 $445,000 172 44 99.7%      
2013 $536,413 $535,750 170 19 102.2% 23.2% 20.4% -1.2%
2014 $587,889 $580,000 158 25 101.0% 9.6% 8.3% -7.1%
2015 $651,446 $655,000 178 22 101.5% 10.8% 12.9% 12.7%
2016 $721,062 $710,500 178 24 99.8% 10.7% 8.5% 0.0%
2017 $565,357 $591,000 14 29 100.0% 7.4% 11.5% -33.3%
2018 $594,486 $609,000 17 18 100.8% 5.2% 3.0% 21.4%
2019 $545,857 $549,000 28 32 99.6% -8.2% -9.9% 64.7%
2020 $802,988 $827,500 172 19 100.3% 47.1% 50.7% 514.3%
2021 $945,161 $932,500 206 12 106.3% 17.7% 12.7% 19.8%
2022 $1,111,060 $1,150,000 112 15 105.0% 17.6% 23.3% -45.6%
2023 $1,083,572 $1,100,000 120 19 101.4% -2.5% -4.3% 7.1%
2024 $1,110,855 $1,170,000 143 22 100.5% 2.5% 6.4% 19.2%

DEFINITIONS

Med. Price
Median Price is that at which 50% of properties sold were above that price and 50% were below.
Ave. Price
Average Price is the sum of all prices divided by the number of sales.
Ave. DOM
Average Days on Market is the average time it took to sell all properties.
Newly Listed
How many properties came on the market in the given time period.

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