The condo real estate in Dublin, CA remains very much a seller’s market. At the end of October, Dublin had roughly just 1.2 months of available resale inventory. Most real estate professionals consider anything below 5 months of inventory to be a seller’s market. Unfortunately the Dublin condos sold in October were primarily distressed properties. Of the 15 units, 7 were short sales, 7 were foreclosures, and only 1 was a traditional resale. Multiple Listing Service recorded no new condo or townhouse resale in October.

Of the 15 resale condos that closed in October, 10, or 66%, sold at or over list price:

• One-bedroom, 3 units, $120,000 to $185,000
• Two-bedroom, 5 units, $257,000 to $322,000
• Three-bedroom, 7 units, $300,000 to $510,000

The total number of condos for sale currently stands at 62. Of the 62 condos on the market, 25 are brand new units offered by builders, leaving only 37 as resale units. The 37 resale condos in Dublin currently on the market in size from one-bedroom units to three-bedroom units. Of those, 15 are short sales, 13 are traditional resale units, and 9 are bank owned units. The prices range from $159,000 for an older one-bedroom, one-bathroom unit to $628,998 for a newer and heavily upgraded three-bedroom, two-and-a-half bathroom unit with 2,484 square feet of living space.

Dublin currently has 10 bank owned condos for sale and 15 short-sale condos. I have created an interactive map of all bank owned condos and an interactive map of all short sale condos in Dublin. The listings on these pages are continually updated.

The median sales price of Dublin condos in October was $315,000. After a strong spring selling season, the median home price of Dublin condos had softened dramatically at the beginning of summer, dropping $25,100 between May and June. The median selling price is now up 5% over the levels observed in June.