Dublin Real Estate Market Update - May 2020
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