Dublin Real Estate – 6/27/08 Update

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What housing slump? At least not in Dublin! We had a 21% increase in the average sale price of homes in Dublin this week (to $596K) with – get this – nearly a 100% increase in home sale volume. We had 2 new home sales reported (at Elan) and 13 existing home sales. The existing home sales number was especially encouraging because the sold homes are located all throughout Dublin – from West to East. It’s great to see a hearty upswing in home prices with a healthy volume of sales throughout the city. This is a strong indication of the tremendous demand for homes in Dublin.

Dubliners can continue to see strong demand for their homes by installing energy-saving and sustainable features. The new Sonata development is a perfect example of the lure that installing solar panels and other “green” features has on prospective home buyers. This is something that our City leadership should keep in mind when evaluating future proposed residential developments. Please click here for an article discussing the value of having energy-saving and sustainable features in our homes.

Published on June 27, 2008

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