Nate Womack
(925) 998-9449
DRE 01369153
(925) 998-9449
DRE 01369153
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Nate's Neighborhood Notes
Back in So Many Ways
We have seen an amazing turnaround in the market through the last nine months and although home sales prices are not where they were pre-recession, some closing prices have recorded in that range. Due to things happening so fast, the data numbers are everywhere, but the trend has definitely been up. Now that school has started, new listings have slowed from the early summer pace and as a result, we are having a shortage as we saw in the spring. The investors seemed to have tapped out in the middle of the summer as prices continued to rise, but that helped first time home buyers get an opportunity to purchase with fewer all cash offers coming in. I wrote on several listings this spring and summer bidding over asking price to give my Buyers a chance. Many of those listings went to all cash buyers or way over asking price. Currently, there is only one detached active listing under $600,000 and that is at a size of 1,116 sq.ft. Home sale prices for the 2nd quarter of 2013 have seen another increase and that will probably carry over into the 3rd quarter. With the inventory so low, Buyer’s will still be looking for homes through the fall and winter. If you are thinking about selling, I would be happy to assist you in figuring out a good selling price and finding a Buyer. Call me and make an appointment today.
As of October 9, 2013, there were 88 total units (detached homes, condominiums, and townhomes) available for sale in the Dublin market. 41 of those total listings are either condos or townhomes and 111 homes were still pending on that date. Inventory is at 1.38 months, which is a definite sign of a Seller’s market.
New Developments in Dublin from East to West
With a bounce back in the market, builders are moving strong to build and sell communities that have been in the works for a long time. Some of the communities have new builders for the same lots, but that’s what happens when you have a market slow down and companies have to protect their bottom line. Below is a list of communities that are currently for sale in Dublin.
Community Builder Priced From * Area
Tralee (TH’s) Shea Homes $548,000 Dublin Blvd/Dougherty
Crossroads (TH’s) KB Home $574,605 Emerald Vista
Amador Pointe KB Home $629,000 Emerald Vista
Ravello (TH’s) Shea Homes $685,000 Dublin Ranch
Windwood Brookfield Homes $776,880 Jordan Ranch
Piazza Standard Pacific Homes $785,000 Dublin Ranch
La Solara Taylor Morrison $800,000 Dublin Ranch
Fallon Ridge KB Home $819,000 Positano
Escalada Lennar $839,880 Dublin Ranch
Chateau Standaard Pacific Homes $879,900 Fallon Village
Schaefer Ranch Toll Brothers $1,038,495 Schaefer Ranch
Calabria K Hovnanian $1,065,000 Positano
Veneto D.R. Horton $1,153,830 Positano
The Summit Standard Pacific Homes $1,145,000 Schaefer Ranch
Verona Estates K Hovnanian $1,179,990 Positano
* Prices subject to change
There are new neighborhoods being built as we speak, so call if there is something in particular that you or someone you know might be looking for.
We have seen an amazing turnaround in the market through the last nine months and although home sales prices are not where they were pre-recession, some closing prices have recorded in that range. Due to things happening so fast, the data numbers are everywhere, but the trend has definitely been up. Now that school has started, new listings have slowed from the early summer pace and as a result, we are having a shortage as we saw in the spring. The investors seemed to have tapped out in the middle of the summer as prices continued to rise, but that helped first time home buyers get an opportunity to purchase with fewer all cash offers coming in. I wrote on several listings this spring and summer bidding over asking price to give my Buyers a chance. Many of those listings went to all cash buyers or way over asking price. Currently, there is only one detached active listing under $600,000 and that is at a size of 1,116 sq.ft. Home sale prices for the 2nd quarter of 2013 have seen another increase and that will probably carry over into the 3rd quarter. With the inventory so low, Buyer’s will still be looking for homes through the fall and winter. If you are thinking about selling, I would be happy to assist you in figuring out a good selling price and finding a Buyer. Call me and make an appointment today.
As of October 9, 2013, there were 88 total units (detached homes, condominiums, and townhomes) available for sale in the Dublin market. 41 of those total listings are either condos or townhomes and 111 homes were still pending on that date. Inventory is at 1.38 months, which is a definite sign of a Seller’s market.
New Developments in Dublin from East to West
With a bounce back in the market, builders are moving strong to build and sell communities that have been in the works for a long time. Some of the communities have new builders for the same lots, but that’s what happens when you have a market slow down and companies have to protect their bottom line. Below is a list of communities that are currently for sale in Dublin.
Community Builder Priced From * Area
Tralee (TH’s) Shea Homes $548,000 Dublin Blvd/Dougherty
Crossroads (TH’s) KB Home $574,605 Emerald Vista
Amador Pointe KB Home $629,000 Emerald Vista
Ravello (TH’s) Shea Homes $685,000 Dublin Ranch
Windwood Brookfield Homes $776,880 Jordan Ranch
Piazza Standard Pacific Homes $785,000 Dublin Ranch
La Solara Taylor Morrison $800,000 Dublin Ranch
Fallon Ridge KB Home $819,000 Positano
Escalada Lennar $839,880 Dublin Ranch
Chateau Standaard Pacific Homes $879,900 Fallon Village
Schaefer Ranch Toll Brothers $1,038,495 Schaefer Ranch
Calabria K Hovnanian $1,065,000 Positano
Veneto D.R. Horton $1,153,830 Positano
The Summit Standard Pacific Homes $1,145,000 Schaefer Ranch
Verona Estates K Hovnanian $1,179,990 Positano
* Prices subject to change
There are new neighborhoods being built as we speak, so call if there is something in particular that you or someone you know might be looking for.
If you would like further assistance of either purchasing or selling your home please feel free to contact me using the form on the contact page. Also, I do have additional information and documentation that is not up on the website. I would be happy to assist you in answering you real estate questions. If you prefer email, you can email me at info@Homes-Dublin.com
October 2013