Sara Min Zhao - July 2024 Market Report East Bay Area - Contra Costa County Cities

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East Bay Area -ContraCostaCountyCities

*Partial List of Contra Costa County Cities.

County Comparison

Jump to County Comparison

ContraCostaCounty

Jump to Contra Costa

Alamo

Jump to Alamo Report

Concord

Jump to Concord Report

Danville

Jump to Danville Report

Jump to El Cerrito Report El Cerrito

Lafayette

Jump to Lafayette Report

Moraga

Jump to Moraga Report

Orinda

Jump to Orinda Report

Pleasant Hill

Jump to Plesant Hill Report

Richmond

Jump to Richmond Report

Walnut Creek

Jump to Walnut Creek Report

What’syourhome reallyworthin today’smarket?

That's really the question you should be asking yourself.

Our market is incredibly diverse and rapidly changing. Values vary not just by neighborhood but by street. Your home isn't necessarily worth what your neighbors’ home is. At the end of the day, it’s the current market that sets the value of your home.

So, do you know what your home is worth today's market?

Icanh

Contact me for a confidential, no obligation assessment of your home's value.

With all the headlines circulating about home prices and mortgage rates, you may be asking yourself if it still makes sense to buy a home right now, or if it’s better to keep renting. Here’s some information that could help put your mind at ease by showing that investing in a home is still a powerful decision

According to the experts at Gallup, real estate has been crowned the top long-term investment for a whopping 12 years in a row. It has consistently beat out other investment types like gold, stocks, and bonds. Just take a look at the graph below – it speaks volumes:

UNLOCK YOUR DREAM HOME IN

A HIGH-RATE

MARKET

Rising interest rates have many homebuyers worried about affordability, forcing some to delay their dreams of homeownership.

Lower

PROTECT

WHAT YOU DON’T EXPECT

You can’t always see a breakdown coming, but you can plan for it with American Home Shield. Our home service plans help fix or replace covered home systems and appliances, and help you stay on budget. Protect what you don’t expect.

CLICK HERE TO WATCH THE VIDEO

Looking to lighten the mood in your laundry room?

EIGHTEYECATCHING

Laundry Room Colors

To Look Out For

These refreshing colors make the wash-and-dry chore a little more pleasant.

Tranquil Blue

View it here

Sage Green

View it here

Eight Colrs fo Laundry

White

View it here

Yellow

View it here

Gray

View it here

Dusty Pink

View it here

View it here

Navy Blue Purple

View it here

Create a tranquil laundry space with Benjamin Moore's Beach Glass Its light blue shade, coupled with a subtle gray undertone, offers a clean and versatile aesthetic that avoids any baby nursery associations.

Transform your space with earthy tones like October Mist and Gloucester Sage from Benjamin Moore. Test out the trendy sage in your laundry room for a lowcommitment update easy to change and customize, ensuring lasting satisfaction with your design choice.

Create an elegant laundry room with Chantilly Lace by Benjamin Moore The classic white choice adds sophistication, opens up the space, and simplifies stain detection.

Elevate your laundry space with the energizing touch of yellow. Behr's Roasted Corn or Upbeat bring warmth and optimism, while Pearly White offers a mellow option a yellow-based white that brings a perfect harmony of vibrancy and calmness

Gray remains a top choice for laundry room walls, providing a timeless and serene backdrop A soft gray for a whisper of sophistication, easily personalized with printed patterned tile flooring or Behr's bold 2024 Color of the Year, Cracked Pepper.

Sherwin-Williams' Rosebud for a touch of romance in laundry rooms. The dusty pink hue, paired with gold accents, adds a luxurious and warm atmosphere

Navy as the key to a striking laundry room. Beyond lighter blues, navy paired with lighter accents or white fixtures, especially Benjamin Moore's Hale Navy, creates a bold choice that makes the laundry room stand out.

Dare to take a style risk in your laundry room with a pop of color Opt for the subtle smoky lavender of Farrow & Ball's Peignoir for a neutral touch or go all-out glam with Backdrop's dark and vampy McQueen, drawing inspiration from the famous fashion designer.

Source : https://www familyhandyman com/list/laundry-room-colors/

VENDOR DIRECTORY

When it comes to home ownership, knowing who you can trust is crucial. That's why we've curated a select list of trusted vendors who are ready to help with your home goals.

EastBay— CountyComparison

SFR, Condominiums, Townhouses — June 2024

Comparing Average Price, Median Price, and Highest Price/SF

In Alameda County, the average home price is $1,336,920, with a median price of $1,225,000, and the highest price per square foot is $1,848.

In Contra Costa County, the average home price is $1,144,657, the median price is $848,000, and the highest price per square foot is $1,389.

EastBay— CountyComparison

SFR, Condominiums, Townhouses — June 2024

Comparing Number of Sales, Number of New Listings, and Days on Market

In Alameda County, 881 homes were sold, 1,321 new listings were added, and the average number of days a property spent on the market was 21.

In Contra Costa County, there were 860 homes sold, 1,295 new listings, and the average days on the market was 24.

ContraCosta County

COUNTY OVERVIEW

SFR, Condominiums, Townhouses June 2024

Comparing Average Price, Median Price, and Highest Price/SF

ContraCosta County

COUNTY OVERVIEW

SFR, Condominiums, Townhouses June 2024

Comparing Number of Sales, Number of New Listings, and Days on Market

ContraCost County

What's in the Contra Costa data?

There were 2,140 single-family homes for sale, providing 1.7 months of inventory. There were 1,007 new listings, and 693 homes sold at a median price of $905k. The median overbid percentage was at 101 5%, with an average of 22 days on the market.

There were 717 condo and townhome units for sale, providing 2.5 months of inventory. There were 288 new listings and 167 units sold at a median sale price of $635k. The median overbid percentage was at 99.5%, with an average of 33 days on the market.

Hamily Homes

7 entory

693 Sold Listings

$905K Median Sale Price

5% s List

22 Avg Days on Market

from Broker Metrics, includes all single-family homes, condos and Concord, Danville, El Cerrito, Lafayette, Moraga, Orinda, Pleasant Walnut Creek from June 2023 to June 2024. This may include may vary from the time the data was gathered. All data is deemed guaranteed. DRE# 02029039. Copyright KW Advisors East Bay 2024. Each office is independently owned and operated.

Condo & Townh 288 New Listings 2.5 Months of Inventory $63 Median S 99.5% Median Sale vs List Avg Days o 1 Sold

ntraCosta unty

JUNE 2023 - JUNE 2024

mily Homes onths, year-over-year.

Townhomes onths, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $920k last June 2023, to $905k as of June 2024

Condos & Townhomes

The median sale price has increased from $627k last June 2023, to $635k as of June 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 19 days last June 2023, to 22 days as of June 2024

Condos & Townhomes

The average time spent on the market went up from 23 days in June 2023, to 33 days as of June 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 101 7% last June 2023, to 101 5% a year later

Condos & Townhomes

The overbid percentage has decreased from 101.1% last June 2023, to 99.5% a year later.

Alamo

CONTRA COSTA COUNTY

What's in the Alamo data?

There were 63 single-family homes for sale providing 2.2 months of inventory. There w new listings, and 15 homes sold at a media of $2.8m. The median overbid percentage 98.6%, with an average of 32 days on the m

There were 7 condo and townhome units fo providing 1 month of inventory. There were listings and 1 unit sold at a median sale pri $1.2m. The median overbid percentage wa 102%, with an average of 58 days on the m

e-Family Homes

15 Sold Listings

sourced from Broker Metrics, includes all single-family homes, condos and in Alamo, Concord, Danville, El Cerrito, Lafayette, Moraga, Orinda, Pleasant Richmond, and Walnut Creek from June 2023 to June 2024. This may include ata, and may vary from the time the data was gathered. All data is deemed not guaranteed. DRE# 02029039. Copyright KW Advisors East Bay 2024. Each office is independently owned and operated. tings

2 of Inventory

$2.8M Median Sale Price .6% Sale vs List

32 Avg Days on Market

Condo & Townhomes

0

New Listings

1 Sold Listing

1

Month of Inventory

$1.2M

Median Sale Price

102%

Median Sale vs List

58 Avg Days on Market

JUNE 2023 - JUNE 2024

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $3m last June 2023, to $2 8m as of June 2024

Condos & Townhomes

The median sale price has decreased from $1 3m last June 2023, to $1 2m as of June 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 19 days last June 2023, to 32 days as of June 2024

Condos & Townhomes

The average time spent on the market went up from 6 days in June 2023, to 58 days as of June 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 98 5% last June 2023, to 98 6% a year later

Condos & Townhomes

The overbid percentage has increased from 100% last June 2023, to 102% a year later.

Concord

CONTRA COSTA COUNTY

What's in the Concord data?

There were 183 single-family homes for sale, providing 1.3 months of inventory. There were 94 new listings, and 79 homes sold at a median price of $831k. The median overbid percentage was at 101.8%, with an average of 17 days on the market.

There were 85 condo and townhome units for sale, providing 4.6 months of inventory. There were 29 new listings and 20 units sold at a median sale price of $425k. The median overbid percentage was at 97.2%, with an average of 27 days on the market.

Single-Family Homes

94 New Listings

79 Sold Listings

1.3 Months of Inventory

$831K Median Sale Price

101.8% Median Sale vs List

17 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in Alamo, Concord, Danville, El Cerrito, Lafayette, Moraga, Orinda, Pleasant Hill, Richmond, and Walnut Creek from June 2023 to June 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 02029039. Copyright KW Advisors East Bay 2024. Each office is independently owned and operated.

29 New Listings 4.6 Months of Inventory $425K Median Sale Price 97.2%

Median Sale vs List 27 Avg Days on Market 20 Sold Listings

JUNE 2023 - JUNE 2024

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $850k last June 2023, to $831k as of June 2024

Condos & Townhomes

The median sale price has decreased from $437k last June 2023, to $425k as of June 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 14 days last June 2023, to 17 days as of June 2024

Condos & Townhomes

The average time spent on the market went up from 14 days in June 2023, to 27 days as of June 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 102 9% last June 2023, to 101 8% a year later

Condos & Townhomes

The overbid percentage has decreased from 102.2% last June 2023, to 97.2% a year later.

Danville

CONTRA COSTA COUNTY

What's in the Danville data?

There were 143 single-family homes for sale providing 1.5 months of inventory. There we new listings, and 64 homes sold at a median of $2.2m. The median overbid percentage w 101.2%, with an average of 19 days on the m

There were 31 condo and townhome units fo sale, providing 2.7 months of inventory. The were 14 new listings and 12 units sold at a m sale price of $1.2m. The median overbid percentage was at 99%, with an average of 2 days on the market.

He-Family Homes

64 Sold Listings

sourced from Broker Metrics, includes all single-family homes, condos and Alamo, Concord, Danville, El Cerrito, Lafayette, Moraga, Orinda, Pleasant Richmond, and Walnut Creek from June 2023 to June 2024. This may include ata, and may vary from the time the data was gathered. All data is deemed not guaranteed. DRE# 02029039. Copyright KW Advisors East Bay 2024. Each office is independently owned and operated. ings

5 f Inventory

$2.2M Median Sale Price

1.2% ale vs List

19 Avg Days on Market

Condo

& Townhomes

14

New Listings

12

Sold Listings

2.7

Months of Inventory

$1.2M

Median Sale Price 99%

Median Sale vs List

22 Avg Days on Market

Danville

JUNE 2023 - JUNE 2024

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $2 1m last June 2023, to $2 2m as of June 2024

Condos & Townhomes

The median sale price has increased from $1m last June 2023, to $1 2m as of June 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 16 days last June 2023, to 19 days as of June 2024

Condos & Townhomes

The average time spent on the market went up from 14 days in June 2023, to 22 days as of June 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 98 5% last June 2023, to 101 2% a year later

Condos & Townhomes

The overbid percentage has decreased from 99.5% last June 2023, to 99% a year later.

ElCerrito

CONTRA COSTA COUNTY

What's in the El Cerrito data?

There were 28 single-family homes for sale, providing 1.6 months of inventory. There were 12 new listings, and 14 homes sold at a median price of $1.1m. The median overbid percentage was at 118.1%, with an average of 14 days on the market.

There were 6 condo and townhome units for sale, providing 4 months of inventory. There were 2 new listings and 0 units sold at a median sale price of $0. The median overbid percentage was at 0%, with an average of 44 days on the market.

Single-Family Homes

12 New Listings

14 Sold Listings

1.6 Months of Inventory

$1.1M Median Sale Price

118.1% Median Sale vs List

14 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in Alamo, Concord, Danville, El Cerrito, Lafayette, Moraga, Orinda, Pleasant Hill, Richmond, and Walnut Creek from June 2023 to June 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 02029039. Copyright KW Advisors East Bay 2024. Each office is independently owned and operated.

2

New Listings

Median Sale vs List 44 Avg Days on Market 0 Sold Listings

4 Months of Inventory $0 Median Sale Price 0%

ElCerrito

JUNE 2023 - JUNE 2024 LISTINGS FOR SALE

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $1 2m last June 2023, to $1 1m as of June 2024

Condos & Townhomes

The median sale price has decreased from $857k last June 2023, to $0 as of June 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 13 days last June 2023, to 14 days as of June 2024

Condos & Townhomes

The average time spent on the market went up from 15 days in June 2023, to 44 days as of June 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 116 3% last June 2023, to 118 1% a year later

Condos & Townhomes

The overbid percentage has decreased from 107.9% last June 2023, to 0% a year later.

Lafayette

What's in the Lafayette data?

There were 82 single-family homes for sale, providing 1.4 months of inventory. There were 40 new listings, and 20 homes sold at a median price of $2m. The median overbid percentage was at 100.6%, with an average of 23 days on the market.

There were 14 condo and townhome units for sale, providing 0 months of inventory. There were 3 new listings and 1 unit sold at a median sale price of $890k. The median overbid percentage was at 91%, with an average of 0 days on the market.

Single-Family Homes

40 New Listings

20 Sold Listings

1.4 Months of Inventory

$2M Median Sale Price

100.6% Median Sale vs List

23 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in Alamo, Concord, Danville, El Cerrito, Lafayette, Moraga, Orinda, Pleasant Hill, Richmond, and Walnut Creek from June 2023 to June 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 02029039. Copyright KW Advisors East Bay 2024. Each office is independently owned and operated.

JUNE 2023 - JUNE 2024

gle-Family Homes

t 12 months, year-over-year.

ndos & Townhomes

t 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 9m last June 2023, to $2m as of June 2024

Condos & Townhomes

The median sale price has decreased from $917k last June 2023, to $890k as of June 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went down from 26 days last June 2023, to 23 days as of June 2024

Condos & Townhomes

The average time spent on the market went down from 49 days in June 2023, to 0 days as of June 2024.

Overbids

Single-Family Homes

The overbid percentage has increased from 98 2% last June 2023, to 100 6% a year later

Condos & Townhomes

The overbid percentage has decreased from 97.4% last June 2023, to 91% a year later.

Moraga

CONTRA COSTA COUNTY

What's in the Moraga data?

There were 30 single-family homes for sale, providing 1.5 months of inventory. There were 9 new listings, and 9 homes sold at a median price of $2m. The median overbid percentage was at 97.2%, with an average of 24 days on the market.

There were 21 condo and townhome units for sale, providing 2.2 months of inventory. There were 10 new listings and 4 units sold at a median sale price of $1m. The median overbid percentage was at 110.5%, with an average of 17 days on the market.

1 New List

2. Months of Inven

110.5%

Median Sale vs

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $2 1m last June 2023, to $2m as of June 2024

Condos & Townhomes

The median sale price has increased from $807k last June 2023, to $1m as of June 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 13 days last June 2023, to 24 days as of June 2024

Condos & Townhomes

The average time spent on the market went up from 13 days in June 2023, to 17 days as of June 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 104 4% last June 2023, to 97 2% a year later

Condos & Townhomes

The overbid percentage has increased from 101.4% last June 2023, to 110.5% a year later.

Single-Family Homes

39 New Listings

13 Sold Listings

1.6 Months of Inventory

$2M Median Sale Price

99.5% Median Sale vs List

26 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in Alamo, Concord, Danville, El Cerrito, Lafayette, Moraga, Orinda, Pleasant Hill, Richmond, and Walnut Creek from June 2023 to June 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 02029039. Copyright KW Advisors East Bay 2024. Each office is independently owned and operated.

Mon Med

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 9m last June 2023, to $2m as of June 2024

Condos & Townhomes

The median sale price has decreased from $1 2m last June 2023, to $0 as of June 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 24 days last June 2023, to 26 days as of June 2024

Condos & Townhomes

The average time spent on the market went up from 0 days in June 2023, to 33 days as of June 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 105 4% last June 2023, to 99 5% a year later

Condos & Townhomes

The overbid percentage has decreased from 100.1% last June 2023, to 0% a year later.

Pleasa Hill

CONTRA COSTA CO

What's in the data?

There were 51 singleproviding 1.1 months new listings, and 29 h of $1.2m. The median 102.1%, with an avera

There were 20 condo sale, providing 1.8 mo were 8 new listings an sale price of $635k. T percentage was at 98 days on the market.

s

9 Listings

1.2M an Sale Price

7 Days on Market

single-family homes, condos and Lafayette, Moraga, Orinda, Pleasant to June 2024. This may include was gathered. All data is deemed Copyright KW Advisors East Bay 2024.

PleasantHill

JUNE 2023 - JUNE 2024

LISTINGS FOR SALE SOLD LISTINGS

ingle-Family Homes ast 12 months, year-over-year.

ondos & Townhomes ast 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 1m last June 2023, to $1 2m as of June 2024

Condos & Townhomes

The median sale price has decreased from $675k last June 2023, to $635k as of June 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market remained the same from 17 days last June 2023, to 17 days as of June 2024

Condos & Townhomes

The average time spent on the market went up from 23 days in June 2023, to 27 days as of June 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 104% last June 2023, to 102 1% a year later

Condos & Townhomes

The overbid percentage has decreased from 101.7% last June 2023, to 98.6% a year later.

Richm

CONTRA COSTA CO

What's in the

There were 158 single providing 2 months o new listings, and 46 h of $672k. The median 102.2%, with an avera

There were 39 condo sale, providing 2.4 mo were 15 new listings a sale price of $645k. T percentage was at 95 days on the market.

6 Listings

s single-family homes, condos and Lafayette, Moraga, Orinda, Pleasant to June 2024. This may include was gathered. All data is deemed Copyright KW Advisors East Bay 2024.

672K an Sale Price

3 Days on Market

15

New Listings

2.4

Months of Inventory $645K

Median Sale Price 95%

Median Sale vs List

29 Avg Days on Market 12 Sold Listings

JUNE 2023 - JUNE 2024

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has decreased from $735k last June 2023, to $672k as of June 2024

Condos & Townhomes

The median sale price has increased from $628k last June 2023, to $645k as of June 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 16 days last June 2023, to 23 days as of June 2024

Condos & Townhomes

The average time spent on the market went up from 23 days in June 2023, to 29 days as of June 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 107 6% last June 2023, to 102 2% a year later

Condos & Townhomes

The overbid percentage has decreased from 98.9% last June 2023, to 95% a year later.

Walnut Creek

CONTRA COSTA COUNTY

What's in the Walnut Creek data?

There were 134 single-family homes for sale, providing 1.4 months of inventory. There were 64 new listings, and 39 homes sold at a median price of $1.7m. The median overbid percentage was at 101.8%, with an average of 20 days on the market.

There were 260 condo and townhome units for sale, providing 2.4 months of inventory. There were 110 new listings and 59 units sold at a median sale price of $585k. The median overbid percentage was at 99.3%, with an average of 39 days on the market.

Single-Family Homes

64 New Listings

39 Sold Listings

1.4 Months of Inventory

$1.7M Median Sale Price

101.8% Median Sale vs List

20 Avg Days on Market

The data, sourced from Broker Metrics, includes all single-family homes, condos and townhomes in Alamo, Concord, Danville, El Cerrito, Lafayette, Moraga, Orinda, Pleasant Hill, Richmond, and Walnut Creek from June 2023 to June 2024. This may include preliminary data, and may vary from the time the data was gathered. All data is deemed reliable but not guaranteed. DRE# 02029039. Copyright KW Advisors East Bay 2024. Each office is independently owned and operated.

110

New Listings

59

Sold Listings

2.4

Months of Inventory

$585K

Median Sale Price 99.3%

Median Sale vs List

39 Avg Days on Market

JUNE 2023 - JUNE 2024 LISTINGS FOR SALE

Single-Family Homes

Last 12 months, year-over-year.

Condos & Townhomes

Last 12 months, year-over-year

Median SalesPrice

Single-Family Homes

The median sale price has increased from $1 5m last June 2023, to $1 7m as of June 2024

Condos & Townhomes

The median sale price has decreased from $642k last June 2023, to $585k as of June 2024

AVGDays OntheMarket

Single-Family Homes

The average time spent on the market went up from 15 days last June 2023, to 20 days as of June 2024

Condos & Townhomes

The average time spent on the market went up from 28 days in June 2023, to 39 days as of June 2024.

Overbids

Single-Family Homes

The overbid percentage has decreased from 102 2% last June 2023, to 101 8% a year later

Condos & Townhomes

The overbid percentage has decreased from 100% last June 2023, to 99.3% a year later.

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