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The Dublin real estate market saw more closed home sales in May, with 33 closed single family homes, compared to 18 in April. The median sales price for Dublin was $645,000 in May, up from $600,000 in April. The median price per square foot also increased to $290 in May from $284 in April.
The average days on market for the closed sales was 22 in May, down from 25 in April. On average, homes sold for 100.6% of the asking price. 33% of the closed sales were distressed sales, either short sales or bank owned properties. This is down from 56% in April. 1 of the 33 home sales, or 3%, were over $1 million.
The neighborhoods of Dublin Ranch, Echo Park, and Tassajara Meadows all showed strong activity in May, with a whopping 1/3 of the closed sales in Dublin occurring in Dublin Ranch alone.
Here is a list of all closed home sales in Dublin in May:
Dublin Home Sales May 2010