subject: Dublin Real Estate Market Comparison Report (february 2009 Vs. February 2010) [print this page] We analyze several housing market indicators in order to present an in-depth breakdown of Dublin Real Estate Market comparing February 2009 to February 2010.
Summary of Key Points
Dublin Real Estate has started showing signs of improvement with median sales price climbing up marginally while at the same time houses sold faster. The number of units sold increased and sellers received over asking price.
Key Statistics, Dublin, CA: Median Sales Price (0.87%), Median Days on Market (-59.59%), and Number of Units Sold (16.67%), Sales Price to List Price Ratio (Feb 09 97% - Feb 10 101%)
Dublin Real Estate
The city of Dublin experienced a 0.87% increase in median sales price from last year going down from $470,952 (Feb. 09) to $475,060 (Feb. 2010). Median days on market data for Dublin show that houses are selling faster than Feb 09. It took 61 days in Feb 09 for a house to sell and for Feb 10 that number has gone down to 25 days (a 59.59% improvement). Another important factor to consider is total number of units sold. In the month of Feb 09, 30 units were sold compared to 35 for Feb 10 (16.67% change). Lastly we are going to take a look at the Sales Price to List Price Ratio for Dublin. SP/LP ratio for Feb 09 was 97% compared to 101% for Feb 10.
Lets take a brief look at neighbors Pleasanton and Livermore. Pleasanton Real Estate featured a 1.12% increase in median sales price ($794,776 Feb 09 - $803,686 Feb 10) and Livermore Real Estate saw a 20.38% increase ($408,104 Feb 09 - $491,274 Feb 10). Are houses in Pleasanton and Livermore selling faster or slower this year? Well, Pleasanton experienced a 41.48% decrease (80 to 47 days) in median days on market and Livermore saw a 24.90% decrease (51 to 39 days). In the units sold category, Pleasanton sold 16 units more (69.57%) in Feb 2010 than 09 and Livermore sold 3 unit more (4.84%) in Feb 2010 than Feb 09.
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