Mortgage and Market Update for February 10th

Economic News: There is not much to say about market news this week. The calendar was pretty light and things were mostly stable. Weekly Jobless Claims continued their decline and were reported at 358,000 versus the expected 370,000. The four week moving average has fallen nine out of the last 10 weeks. Consumer Sentiment slipped a touch and missed estimates after strong readings in December and January. There is a fair amount of news next week and the situation with Greece and the European Union will most likely continue to simmer.

Mortgage Markets: Treasuries and Mortgage Backed Securities had a fairly stable week. The 10 Year Note closed trading at 1.983% which is up a touch from last week’s closing of 1.928%.

Next Week’s Reports: Tuesday: Retail Sales Wednesday: Industrial Production, FOMC Minutes Thursday: Jobless Claims, Producer Price Index, Philadelphia FED Survey Friday: Consumer Price Index

While I do not originate loans I make it a habit to keep abreast of mortgage & market conditions. If you are thinking of purchasing a home the first step is to meet with a mortgage professional. I will gladly provide several top-notch Bay Area advisers for your review if you are in need of a referral.

The following numbers represent the Real Estate Market Review for Blackhawk, CA 94506 for the month of January 2012. Blackhawk home sales remain very similar to November and December levels. Sales are steady and there is a lack of supply considering the size of the community. Hopefully as we move toward Spring we will see the number of available homes for sale increase. The sample of data for Blackhawk is small so monthly figures can and do vary widely.

Blackhawk has 12 homes currently "pending sale" with a high price of $1,995,000 a low price of $659,000. There are no condo/townhome "pending sale". Please contact me for additional information on the real estate market in Blackhawk Country Club.

BLACKHAWK REAL ESTATE MARKET REVIEW FOR DECEMBER 2011

2012 has kicked off and January is now in the books. Wow...did that first month fly by. The information below is the first report of 2012 Blackhawk real estate activity compared with January of last year. While fewer homes sold the median price held steady and the days to get a home into escrow declined nicely. It is a little early in the year to make any assumptions and these reports with be cumulative as time goes on. Click on the link at the bottom for the Blackhawk Real Estate review for the entire year of 2011.

2011 BLACKHAWK COUNTRY CLUB REAL ESTATE REVIEW

Homes For Sale Blackhawk CA Median Home Price January 2012 Market Report Blackhawk CA Real Estate February 1, 2012

As part of a gated community, homes for sale in Blackhawk CA feature 24-hour security, a greenbelt, and lush landscaping. Homes in Blackhawk are conveniently located near Blackhawk Plaza, Safeway, CVS Pharmacy and dining. Families with children will be pleased to know that this development is located in the highly regarded San Ramon Valley Unified School District.

Homes For Sale in Blackhawk CA Currently on the Market*

The first 10 listings of homes for sale Blackhawk CA, sorted by newest listing date first, are displayed below. All listings are available for display by clicking on the “See more city of Blackhawk real estate.” link located on the right of the header before the first listing.

Showing properties 1 - 10 of 21. See more city of Blackhawk real estate.
(all data current as of 1/31/2012)

1. $1,695,000 : 3291 Blackhawk Meadow Drive, BLACKHAWK
   
   5 beds, 3 full, 1 part baths

   Home size: 4,618 sq ft

   Lot size: 17,859 sq ft
2. $1,369,000 : 3621 Country Club Terrace, BLACKHAWK
   
   4 beds, 3 full baths

   Home size: 4,334 sq ft

   Lot size: 16,117 sq ft
3. $1,278,000 : 3629 Country Club Terrace, BLACKHAWK
   
   4 beds, 4 full baths

   Home size: 3,756 sq ft

   Lot size: 14,627 sq ft
4. $940,000 : 808 Redwood Drive, BLACKHAWK
   
   4 beds, 2 full, 1 part baths

   Home size: 3,097 sq ft

   Lot size: 10,018 sq ft
5. $1,079,000 : 645 BIRCHWOOD COURT, BLACKHAWK
   
   4 beds, 3 full baths

   Home size: 2,702 sq ft

   Lot size: 11,325 sq ft
6. $1,079,000 : 644 BIRCHWOOD CT, BLACKHAWK
   
   4 beds, 3 full baths

   Home size: 2,702 sq ft

   Lot size: 10,850 sq ft
7. $1,389,000 : 2386 SADDLEBACK DR, BLACKHAWK
   
   4 beds, 3 full, 1 part baths

   Home size: 3,327 sq ft

   Lot size: 1.65 ac
8. $975,000 : 17 RED MAPLE PLACE, BLACKHAWK
   
   4 beds, 2 full, 1 part baths

   Home size: 2,700 sq ft

   Lot size: 16,988 sq ft
9. $2,800,000 : 319 PHEASANT RUN DR, BLACKHAWK
   
   5 beds, 5 full, 2 part baths

   Home size: 5,803 sq ft

   Lot size: 20,300 sq ft
10. $715,000 : 85 Oakridge Crt, BLACKHAWK
    
    3 beds, 2 full baths

    Home size: 2,313 sq ft

    Lot size: 11,699 sq ft

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Shown below are Blackhawk CA real estate trends* in charts for the year to date history of Single Family Homes For Sale in Blackhawk CA, Pending and Sold by month as well as the single family Median Home Price in Blackhawk CA and Average Days on Market data. (See Note at bottom for Data Assumptions.)

Blackhawk CA real estate trends are shown below in charts for the year to date history of Attached (condos, duets and townhomes) Homes For Sale in Blackhawk CA, Pending and Sold by month as well as the attached Median Home Price in Blackhawk CA and Average Days on Market data.

Click here to receive ongoing monthly market snapshots for Blackhawk Real Estate

Homes Sold in Blackhawk CA in January 2012

Homes Sold in Blackhawk CA Past Five Years

Click here for an archive of recent Real Estate Market Updates on Homes for Sale in Blackhawk CA

Note on Data Assumptions: Data for Median Home Price and Average Days on Market for Homes for Sale and Pending is accurate only for the date the data is extracted and is not a monthly average. Data shown for these categories is extracted at approximately the same time each month so the comparison is relevant on a once a month basis.

* Based on information from the Contra Costa Association of REALTOR’S® MLS (for the monthly period from the first through the last day of the month). Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS.

Homes For Sale Blackhawk CA Median Home Price January 2012 Market Report Blackhawk CA Real Estate February 1, 2012