The Median Home Price for a single family residence in Danville in December 2016 was $1,213,000. That Median Home Price rose in November 2017 to $1,350,000. But the price declined in December 2017 to $1,322,500.
The price per square foot in December 2016 was $427. It rose to $495 per square foot in November 2017. And in December 2017 that price rose even more to $507 per square foot, indicating people are willing to pay more for less.
The number of units sold in Danville in December 2016 was 118. In November 2017 that number rose to 126 single family units. In December 2017 that number declined to 102 units, most likely due to very little inventory.
January 2018 saw very little inventory, as well. But we did notice more inventory being listed and re-listed after the Super Bowl weekend.