Dublin California continues to be a hotbed of real estate activity in the East Bay
With 31 home sales this week, the Dublin real estate market is on fire! Sales included 18 new homes and 13 existing homes. The average sale price dropped to $481K (because of the mix of housing sold). Sales this week represented almost a 30% increase in transactions.
Dublin hasn't seen this many home sales in a week since October of 2007.
Here's a graph showing Active Listings (blue line) and Pending Sales (green line) for the last year (August 1, 2007 to August 1, 2008)
If you compare Dublin, CA to other surrounding communities, you will see that Dublin homes for sale are putting Dublin in a unique position in Contra Costa real estate.
The big factor continues to be new home builders forcing prices down and offering incentives to move inventory. Homeowners wishing to sell are having to deal with the reality of the Dublin housing market.
Real Estate is always a LOCAL business
Contact Craig (925) 984-4910 for Dublin California Real Estate and Homes for Sale
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[...] Home sales in Dublin California reflect the influence of new home builders slashing prices and adding financing and upgrade incentives. Dublin has more entry-level new home inventory than other surrounding communities. The large number of condos being sold in Dublin is helping to home sales figures climbing. [...]