Dublin Real Estate Update – 8/8/08
Dublin had another great week with a superb 10% jump in the average home sale price. We also had 17 homes sales this week (which is above our rolling 3-month weekly average):
- 5 new homes – 3 at Silvera Ranch and 2 at Elan
- 12 existing homes – well distributed throughout Dublin
Look for Dublin’s real estate market to remain strong as we continue to attract businesses to our unique selection of office condos and campus office properties. The value of our homes is almost directly proportional with the ratio of “jobs to homes”. The drop in the price of oil should also provide a boost to our national and local economy, which will ultimately boost the price of our homes.
9:32 PM on August 8th, 2008
How come they never mention the Sienna community or freinze .. all of toll brothers sales…
9:56 PM on August 8th, 2008
Hi Tom – I’ve wondered that myself. One would think that Toll would want to publicize the # of sales that they have. It would definitely boost interest in their homes at Sorrento and the Terraces.
Thx, John Z.