Mortgage interest rates are still hovering below 4%. Buyers are trying to purchase homes before the Fed decides it’s time to raise rates. Inventory remains low in both single family homes and townhomes in East Dublin so finding a home is a challenge.
There are currently only 18 homes on the market in East Dublin. Only 4 of those homes are in Dublin Ranch and Dublin Ranch Golf combined. We have a very desirable neighborhood with good schools and lots of buyers want to move here. There are 21 homes pending and 23 closed escrow in September.
The condo/townhomes have been selling very quickly too. Currently there are 18 on the market, 23 pending and 16 have closed escrow in September. Rents are 15-20% higher than last year. The condo/townhomes Mia and I have sold this year have all been to investors eager to take advantage of the higher rents.
According to Zillow, home prices have increased in Dublin 8.1% in the past year. A home that sold for a million dollars last year is now selling for $1,081,000 this year. That’s seems about right.
IF YOU ARE THINKING OF BUYING OR SELLING YOUR HOME IN DUBLIN RANCH PLEASE CALL THE DUBLIN RANCH EXPERTS AT (925)640-7788- MIA & BEVERLY TEAM ARE THE NUMBER 1 REALTORS IN DUBLIN RANCH. DON’T FORGET TO LIKE US ON FACEBOOK. KEEP AN EYE OUT FOR NEW LISTINGS COMING SOON! For more information on Upcoming Listings visit the mia and beverly team at www.dublinranch.com or email us at email@example.com