April 2021 is a repeat of previous months, even an acceleration of prices and bidding wars. Is it looking like a bubble? A home I sold in Danville that closed in January for $1,650,000., top dollar at that time, a similar model closed in April a block away for $1,925,000, a nearly $300,000 increase in just a few months. Homes in our market are selling for 110-115% above asking price. Looks like a bubble to me. The unknown question is how long will it last? Stay tuned!

 

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