RE/MAX Accord's Market Report
Dublin, CA
Single-Family Homes
RE/MAX Accord | Outstanding Agents! Outstanding Results!
Dublin, CA
Mon Dec 11 2023
This week the median list price for Dublin, CA is $1,564,000 with the market action index hovering around 73. This is less than last month's market action index of 75. Inventory has decreased to 14.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to continue to fall a bit. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.
Real-Time Market Profile
| Median List Price | $1,564,000 | |
| Median Price of New Listings | $1,527,495 | |
| Per Square Foot | $736 | |
| Average Days on Market | 32 | |
| Median Days on Market | 35 | |
| Price Decreased | 14% | |
| Price Increased | 0% | |
| Relisted | 7% | |
| Inventory | 14 | |
| Median Rent | ||
| Market Action | 73 | |
| Strong Seller's Market | ||
Despite recently falling prices, the price per square foot has stayed reasonably flat. This implies that there’s a portion of the market being priced at a premium. You can investigate this condition in the quartile details.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $2,537,773 | 3,117 | 6,500 - 8,000 sqft | 4 | 5 | 24 | 0 | 1 | 49 |
| $1,688,000 | 3,156 | 0 - 4,500 sqft | 5 | 4 | 10 | 2 | 0 | 0 |
| $1,509,500 | 2,079 | 4,500 - 6,500 sqft | 4 | 3 | 38 | 1 | 1 | 38 |
| $1,255,000 | 1,475 | 6,500 - 8,000 sqft | 3 | 2.5 | 60 | 1 | 2 | 38 |