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Dublin Real Estate Market Update - May 2020

Josh Dawson

My goal is simple: to help you make better real estate decisions...

My goal is simple: to help you make better real estate decisions...

Jun 18 2 minutes read

May 2020 Dublin Real Estate Market Statistics

If you’re thinking about selling your Dublin home, it's important to have a good understanding of what’s going on in the local market.

As a resident of Dublin's Shannon Park neighborhood (where I serve as our Treasurer), and Vice-President of the Greater Dublin Realty Association, I pay particular attention to the Dublin Real Estate Market.

Some key takeaways from May's data:

1) The number of homes for sale was down 42% since the same time last year, resulting in record low number of homes for sale.

2) The amount of time that homes spent on the market before an accepted offer was 30% shorter than this time last year

3) Homes for sale in the $270,000 - $314,900 range received 23 showings before having an offer (which usually took about 9 days after being listed for sale). WOW!

 

127

New Listings

179

Active Listings

63

Under Contract

106

Closed Sales

Number of Showings by Price


12.7


$350,000


10.2


$450,000


6.3


$550,000


On Average, Homes Sold for

99%

of List Price


$383,039

Average Sales Price

1.58

Months of Supply

39.3

Average Days on Market

$169

Average Price per Square Foot

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