The Blackhawk Country Club real estate market has started off 2012 in a very similar fashion to 2011. Twenty four homes sold in the first three months of this year versus 23 last year. Median home values have remained stable at $1,000,000 and marketing times have declined a bit. One thing I can say is that the attitude and activity seems more robust over last year even though the numbers are very similar. As with many of the surrounding communities inventory remains an issue and homes in excellent conditions,which are priced in line with the market, are moving quickly and in some cases experiencing multiple offers. Let’s hope the positive news continues into the second quarter and the rest of the year. A link to the 2011 Blackhawk Real Estate Review is at the bottom.
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