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.