The housing market in Danville continues to see strong price appreciation, with values up 50.2% compared to last year. Home prices have increased 240.6% in the past month alone. With 2 active listings, inventory is 100% higher than seasonal norms. Homes are now taking an average of 2411 days to sell, significantly longer than the 30 days typical for this market. Only 0.0% of listings saw price reductions, suggesting sellers are confident in their pricing. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Danville market with the affordability index at 1050.6. Based on current market indicators, home prices in Danville are projected to decrease by approximately 12.2% over the next month.