Vickie Nagy’s December Dublin Condo Report
The real estate market is traditionally slow in the final two weeks of any calendar year. Instead of focusing on the numbers from this December alone, I will examine the annualized condo and townhouse market trends in Dublin, CA since 2007. The data I tracked include the low selling price, high selling price, and median selling price for Dublin condos and townhouses each year from 2007 through 2011. The median sales price for Dublin condos and townhouses has dropped 39% since 2007, but it has remained ‘relatively flat” since 2010, with less than a 1% change year over year.
| Year | Low Sales Price | High Sales Price | Median Sales Price |
| 2007 | $270,300 | $830,583 | $530,000 |
| 2008 | $163,000 | $554,950 | $420,000 |
| 2009 | $107,000 | $500,000 | $351,000 |
| 2010 | $102,000 | $678,280 | $350,000 |
| 2011 | $92,610 | $699,000 | $325,000 |
The percentage of Dublin condo and townhouse sales that were short sales and foreclosures have skyrocketed since 2007, yet the percentage of sales that are foreclosures declined significantly from 2009 to 2010 and dropped even more for 2011.
Dublin currently has 9 bank owned condos for sale and 19 short-sale condos. This interactive map has all the short sale and foreclosure condos currently for sale in Dublin. The listings on these pages are continually updated, so the numbers of condos may vary. For more specific information about the different neighborhoods in Dublin, please contact Vickie Nagy, your Dublin Real Estate Broker specializing in Buyer Representation at (925) 407-7987.
8:26 PM on January 4th, 2012
I don’t know where the source data for this report comes from, but it’s either incorrect or incomplete. The highest sales price for a condo in 2008 is shown as $554,950. I purchased my condo at Sorrento in Dublin in March 2008 and paid $717K. Some buyers paid even higher prices for certain condos in Sorrento in 2008 and 2009.