Compared to two years ago, demand for Dublin Ranch condos and townhomes has increased by 117%. That's astronomical! By all indications, we expect this trend to continue through the spring and summer. While owners of Dublin Ranch condos and townhomes are currently experiencing a pleasant strengthening of value, the continuation of this trend will drive prices even higher. That is great news for owners looking to sell in the near future.
Another factor that plays directly into the value increase of Dublin Ranch townhomes and condos is the decrease in supply. The number of townhomes and condos for sale this past month is 39% lower than two years ago and down 19% from November 2008. Though we have seen a slight surge since August, with several homeowners taking advantage of the favorable market, that climb has already reached its apex. We expect that the inventory will continue to dwindle over the next several months.
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