As a local resident at Dublin Ranch Golf Club community since 2003, I have seen houses and the community developed rapidly throughout the years. The center of the community is the beautiful and unique course designed by renowned golf course architect Robert Trent Jr. Most homes up the hill was built in 2004 by Toll Brothers with sophisticated design and quality detailing.
Today I drove by the club house, along the way saw an open house with 5 bedrooms, 4.5 baths, about 4,500 square footage of living space, and the listing price was just $1,139,000. WOW! I know home like that size was selling as a hot cake for 1.5M in 2005. After my research out of my curiosity I have found there are actually several homes nearby listed super low price, one listed as $699,000, another listed as $750,000, both as Short Sale. WOW WOW!! The listing price per square footage is as low as $181… This is unbelievable!!
|Year||Median Sold Price||Down from Previous Year|
|2009 (so far)||$850,000||-17%|
As the table above suggests, the current median sold price has dropped to $850,000 from $1,290,000 in 2005, that is 34% drop.
So what are you waiting for?