Dublin Real Estate Update – 10/31/08
Dublin went condo-crazy this week. Out of the 14 reported homes sold, 9 were condos and townhouses. Accordingly, the average sale price dipped to $450K. Here is a breakdown of the 14 homes sold:
- 4 new – all Elan
- 10 existing – homes located throughout Dublin
The relatively strong volume of sales is a fantastic indication of the demand for homes in Dublin.
9:04 PM on October 31st, 2008
Hi John, happy Halloween to you.
While it is absolutely awesome that Dublin is selling homes, what is of great concern to all of us is bringing that second high school to our town. I know that a lot of people have already expressed their concerns in the other blog post, but with a second high school that is top notch comes a great demand for homes.
Regardless of the outcome of this election, please continue fighting for us. Please fight to help us somehow secure the land for the future high school. Even if we don’t have the means to build it right away, at least we will have a nice chunk of land (acres and acres) set aside until we get the funding.
Thank you.
9:25 PM on October 31st, 2008
I agree 100%, yes it may not make sense to build one now or even in 2-3 years. But by setting land aside it would be the prudent thing to do, it will also ease the minds of East Dubliners a bit as it is better then the current NO WAY EVER stance.
If this blog is any indication, Dublin Residents demand top quality and nothing less. The amount of response to topics such as our Schools and High Density brings out passionate pleas, people really gets into it in great numbers, this is the pulse of the City. There are many other issues but what is on many Dubliner’s minds are our Schools and the overbuilding of High Density Residential.
Arguments on these two topics will get louder and louder in the coming years as Dubliner’s are becoming more mature and understand what is going around them. In previous years Dubliners, mainly in the East were new as the area was just in its infancy and did not voice their concerns.
Now the time has changed.
10:10 AM on November 1st, 2008
I completely agree about the need for a second high school but I would like to say that those comments should be posted under high-school stories, stories on “Topics in Dublin” or other similar-subject post. Although we all feel very strongly about the high school topic, I think that this site is great because we can talk about the good and the bad, with us mostly concentrating on the good- There is time and a place to really rally the troops about the high school topic, but let’s not bring that topic up in each new post- (I’d get tired of reading about this topic if it reared its ugly head in every post…)-
4:36 PM on November 1st, 2008
Real estate and schools are very synonymous. High API ratings or high test scores equate to higher home prices. That is where San Ramon, Danville and Pleasanton are beating us. As Dublin home owners, that should be our focus to protect our investment in our homes. I cannot belabor the fact that we need improvement in our schools in Dublin. We need to put extra effort in getting our school API ratings over our neighboring cities. Dublin is in a very strategic location that has a potential to be the highest priced homes in the Tri Valley. Not only location but we still have the acreage to provide the most sought out homes in our area. I am a realtor and a central Dubliner. I was going to make a run for City Council this year. But due to business commitments I am deferring it. I may make a run if there will be an election to fill Tim Sbranti’s seat when he becomes mayor. I have been an opponent and spoke to the council numerous times in regards to multi unit housing that dates back early 2007. I believe in sustainable growth. I want Dublin to be the premier city with high priced homes. To get there is through schools, schools, schools. I am also a water and senior advocate. I am very conscious with green measures and our water resources. I am endorsing Tim Sbranti, John Zukoski and Kasie Hildenbrand this coming election. I am not endorsing anyone to the School Board as none has my vision in attacking our test score issues. I also support a 2nd high school in East Dublin. But do remember me when I make my run for City Council.
Jing Firmeza, rfirmeza@willowcreekdublin.com
10:07 AM on November 2nd, 2008
I agree that schools and Real Estate is synonymous.
A case in point is the Mission San Jose District in Fremont, when a portion of that district was split out and sent to Irvington High School 25-30 minutes across town due to overcrowding at Mission San Jose High School, there was an immediate drop in home prices and demand for the neighborhoods negatively affected and the opposite for the ones not affected. Why? Mission San Jose High is one of the top 5 public H.S. in Northern CA while Irvington High is just above average (AKA Dublin High). Fremont made the same mistake in the late 80s and early 90s when that district was booming with housing development. It was determine then that a new expanded Mission San Jose High was not needed, well by the late 90s they were proven WRONG. Sounds familiar? By the late 90s unfortunately there was no land left as Mission San Jose is nearly built out, also the impact fees have trickled to almost zero, thus no funding for a new school.
So yes it is tiring to keep hearing about High Density and a 2nd High School in nearly every posting, but at the same time it points out how important these issues are as they relate to almost everything else that our Residents want for the City which is (balance of housing low vs high, balance of homes vs jobs, home values vs our neighboring cities, upscale shops and eateries vs discount big boxes).
Sorry to rain on a positive parade but this is reality, Courtesy of Lockhart and friends, they created this negative paranoia and divisive tone in within Dublin. They’ve created this West vs East which is a shame as we should be one. It should matter who we vote for East or West, but they’ve created an environment of favoritism that requires voters to think about East vs West.