Dublin Ranch Real Estate Update
Update for the last 30 Days in Dublin Ranch
Inventory of single family homes for sale in East Dublin remains very low. Although the multiple listing service shows 37 active listings, 24 are new construction and only 13 are existing homes. There are 46 pending sales, 29 are new construction and 17 existing homes. Included in the 33 existing homes are 5 short sales . Homes are taking longer to sell averaging 30 days on the market.
Currently there are 17 condos are the market in Dublin Ranch. 23 are pending including 1 short sale. The homes are selling in an average of 20 days.
Inventory is always low this time of the year as we get closer to the holidays. What I think is unique in the current market are the brisk sales in new construction. Usually, builders have a few homes in inventory and they are anxious to get them off the books. That is not the case this year.