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Danville Home Sells for $1.9 Million, Reflecting Cooling East Bay Market

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  //house-home.news-articles.net/content/2026/01/0 .. -million-reflecting-cooling-east-bay-market.html
  Published in House and Home on Wednesday, January 7th 2026 at 1:16 GMT by East Bay Times

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Danville Dream: $1.9 Million Secures Three-Bedroom Home in Competitive Market

A recent real estate transaction in Danville, California highlights the continuing, albeit cooling, intensity of the East Bay housing market. A three-bedroom, two-bathroom home at 419 Laurel Court sold for $1,900,000 on January 6th, 2026, according to public records reported by the East Bay Times. While a significant sum, the sale provides a snapshot of Danville’s desirability and the nuanced dynamics currently shaping luxury home sales in the region.

The house itself, built in 1988, sits on a relatively modest lot of 0.28 acres. Details gleaned from the original listing (linked in the East Bay Times article and further researched on Redfin - [ https://www.redfin.com/CA/Danville/419-Laurel-Ct/41164237 ]) reveal a single-story ranch-style home boasting 1,982 square feet of living space. The listing emphasized the home's updated kitchen with granite countertops, stainless steel appliances, and ample cabinet space. Features like a remodeled bathroom, hardwood floors, and a private backyard with a patio and mature landscaping were also key selling points. Crucially, the property is located within the highly-regarded San Ramon Valley Unified School District, a major draw for families in the area.

The sale price, while substantial, illustrates a slight tempering of the hyper-competitive market that defined 2023-2024. During that period, similar properties in Danville were routinely fetching prices above asking, fueled by low inventory and a surge of buyers seeking space and good schools. The East Bay Times article notes that while the Laurel Court property did receive multiple offers, the final sale price was closer to the asking price than what had become typical during the peak. This suggests a shift towards a more balanced market, giving buyers a little more negotiating power.

However, Danville remains a particularly expensive pocket of the East Bay. The town consistently ranks among the most affluent and desirable communities in the region, primarily due to its excellent schools, low crime rate, proximity to regional parks and open space, and a charming downtown area. This consistent demand keeps property values elevated, even as broader market conditions adjust.

Looking at broader Danville market trends, Redfin data confirms this cooling effect. The median sale price in Danville in December 2025 was $1,750,000, down 6.9% year-over-year. Homes are taking longer to sell, with the median time on market currently at 49 days, compared to 28 days a year ago. Inventory has also seen a noticeable increase, providing buyers with more options.

This increased inventory can be attributed, in part, to rising interest rates. The Federal Reserve's efforts to combat inflation led to a significant increase in mortgage rates throughout 2025. This has priced some potential buyers out of the market and encouraged others to postpone their home search, contributing to the build-up of available properties.

Despite these headwinds, experts predict Danville will continue to hold its value. The limited land available for new construction, coupled with the enduring appeal of the town's lifestyle amenities, will likely prevent a significant price correction. The $1.9 million sale of 419 Laurel Court is indicative of this ongoing resilience. While the days of bidding wars and prices dramatically exceeding asking may be waning, Danville remains a highly sought-after location, and well-maintained, updated homes in desirable locations will continue to command premium prices.

The buyer, whose identity hasn’t been publicly disclosed, appears to be a local family looking to settle in the San Ramon Valley. The East Bay Times reported that the property was vacant at the time of sale, suggesting the previous owners had already secured their next residence. This transaction further reinforces the notion that despite market fluctuations, Danville continues to attract those prioritizing quality of life and long-term investment in a thriving community.

In conclusion, the sale of 419 Laurel Court is more than just a single transaction. It’s a microcosm of the East Bay housing market – a market undergoing a shift, but still underpinned by strong fundamentals in particularly desirable locales like Danville. While the frenzy of the recent past has subsided, the town’s enduring appeal ensures it will remain a competitive and expensive place to call home.