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Winter 2020 Market Update
For the year 2018 In the community of Blackhawk 106 detached homes were sold. The average days on market was 48 with 54 of them selling within 20 days or less. The average sold price per square foot was $505 and the range was $353 - $816. There are approximately 2,273 homes in 7 different gated communites in Blackhawk: Main Gates (Lakeside - 883 and Falls - 870), Silver Oak Townhomes - 66, Silver Maple - 123, Oakridge - 49, Saddleback - 50, Tennis Villas - 30 and Hidden Oaks - 202. Forty percent of all homes are greater than 3,500 square feet.
Average Sold Home Price: $1,200,000

Average Time on Market: 30-60 days

Best Selling Price Range: $1,000,000+

Existing Home Prices for the past 90 days: No Change

Market Trend: No Change

Buyer's or Seller's Market: Equal buyers and sellers

Buyer Activity for the past 90 days: No Change

Seller Activity for the past 90 days: No Change

Multiple Offers? Yes

What Percentage of the Current Housing Inventory are Foreclosures and/or Short Sales? 5-10%

Is Financing Available For Qualified Buyers? Yes

Housing Inventory: Limited Supply

Greatest Activity: Repeat Buyers

Best reason to buy or sell: Good economic news

Nearest Metro Area: San Francisco

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Steve Lacy
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Mortgage Rates for Feb 25th, 2020
30 year fixed rate: 4.51%
15 year fixed rate: 3.90%
30 year jumbo rate: 4.41%
15 year jumbo rate: 4.12%
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Real Estate Professional, Steve Lacy Steve Lacy
RE/MAX Accord
Specializing in Danville Real Estate
313 Sycamore Valley Road West
Danville, California 94526
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(Because current market conditions can change rapidly in any given marketplace,
please check with Steve Lacy for current Danville, CA market conditions before acting on this information.)
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