Dublin Real Estate Update – 8/29/08
Dublin had a solid week with 13 homes sold – 6 new homes (5 at Elan and 1 at Silvera Ranch) and 7 existing homes. The average home sale price dipped to $493K this week. However, the dip was due more to the mix of homes sold (condos/townhouses vs. single family) then a change in market conditions.
Demand for residential properties will increase once the Downtown Dublin Specific Plan is implemented and the first phase of The Promenade is completed. The key to seeing these projects succeed is for us to accept nothing less than excellence. The City of Dublin must set the bar high to ensure that we have commercial centers at both ends of town that will draw in residents from throughout the Bay Area.
4:48 PM on September 4th, 2008
Hello John,
Do you cover sales relating to Sorrento@Dublin Ranch? Thanks.
4:54 PM on September 4th, 2008
Hi Muji – Toll Brothers doesn’t release info related to their sales at Sorrento and the Terraces. However, there is some great information on Trulia regarding Sorrento and their prices, etc. Here is the link to one expert that has a great deal of information related to Sorrento and other Dublin properties:
http://www.trulia.com/voices/profile/questions/Other-Dublin-288651/
Thx, John Z.
5:02 PM on September 4th, 2008
John,
Many Thanks.
Muji