Dublin Ranch Condos & Townhomes are a Hot, Hot Commodity.
If you’re in the market for a Dublin Ranch condo or townhome, you have a couple of options: be aggressive in trying to get your offer accepted, or wait it out for the market to return to more favorable terms for buyers.
The Months’ Supply of Inventory in Dublin Ranch for condos and townhomes has, since the beginning of the year, been on a steep decline. That’s good for sellers, but bad for buyers. When the market tips this strongly for sellers, every property that’s competitively priced gets multiple offers and sells for more than the asking price.
We recently represented an all-‐cash buyer who had to pay over $15K above the asking price on a property to get their offer accepted. The listing agent said afterward, they had 14 offers on the home and four of them were cash offers. If you’re thinking about selling a Dublin Ranch condo or townhome, now is the time. The world is your oyster!
But if you’re thinking about buying a Dublin Ranch condo or townhome right now, you need to be prepared. It will either be a disappointment, or you’ll feel like you are over-‐paying. There’s really no middle ground… But stay posted to this blog, and we’ll keep you updated on when market conditions swing back to your favor. It’s really only a matter of time.
To see all the published home statistics about Dublin Ranch condos and townhomes for sale, see our Dublin Ranch Real Estate Stats for Condos and Townhomes, May 2012.