Dublin California Real Estate Market Heating Up

dublin-ca-real-estate.jpgThe Dublin, CA real estate market continues to heat up more than the surrounding communities. Dublin has a lot of condo inventory and new home inventory that developers and builders are motivated to discount. Is this continued pressure on home values along with the rising foreclosure rate affecting the resale market? It must be one of major factors in the rising activity in the Dublin market.

The blue line indicates Active Listings and the green line Pending Sales according to the local MLS. Dublin CA is the only community in the TriValley area where we see this continued trend of the gap closing. The closer the lines get, the more the local market moves toward a buyer's market. You can see some of the other MLS trends here.

San Ramon, CA is the only other market where we see continued significant improvement in this gap. The rise in active real estate listings in surrounding communities continues to out pace the rise in pending sales.

dublin-ca-foreclosures.jpgRealtyTrac is showing 151 properties in Pre-Foreclosure, 44 homes at Auction and 92 real estate owned properties (bank owned).

It's a great time to buy Dublin CA real estate. There are many great deals on the market. If you are interested in  new home construction contact Tracey (925) 984-1890. She has over 8 years of new home sales experience working for Standard Pacific Homes as a sales manager. She knows how to get you the best bang for your buck in new home sales. 

If you are interested in foreclosures, bank owned, or distressed properties contact Craig (925) 984-4910, our specialist in that area. 

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