We are approaching the Spring selling season here in Dublin, CA and the real estate market looks like it is heating up again. There are few homes on the market and they are going pending fast. As of this writing, there are 40 single family homes on the market with a median time on market of just 15 days and median list price of $1,027,000.
Looking at pending sales, there are currently 34 single family homes pending sale with a median time on market of just 12 days. This means the market looks to be hot again this spring. I think many people are looking to get in before the Fed increases rates. I recently submitted an offer for a client in the $900k range and they had multiple offers and went pending for significantly over asking.
The Dublin real estate market never ceases to amaze me, you think it might slow down but it hasn’t so far.