Cardiff Real Estate Market Report for September 2010
As a buyer or seller in the Cardiff real estate market, having information about the current market conditions will enable you to make an informed decision regarding what to do with regard to buying a home in Cardiff, or selling your Cardiff home.
The Cardiff real estate market is small and very localized, and knowing what is going on with regard to inventory and sales is important for making an informed buying or selling decision. Finding comparables for determining price for either a listing or a purchase can sometimes be tricky because of the limited inventory and the diversity of homes for sale.
READ MORE:
Cardiff by the Sea - Quintessential Beach Community
A Visual Tour of Cardiff-by-the-Sea
Want to Live in a Musical Community? Try the Composer District in Cardiff, CA
Here is a summary of the Cardiff real estate market for September 2010 based on information provided by the MLS (private sales are not included). These data are deemed reliable but are not guaranteed.
|
|
TOTAL |
DETACHED |
ATTACHED |
|
# SOLD
|
13 (up 30%) |
7 (up 40%) |
6 (up 20%) |
|
Average $
|
*$922,692 (up 50%) |
*$1,271,428 (up 65%) |
$515,833 (up 12%) |
|
DOM
|
78 |
115 |
34 |
|
Sale $/List $ Ratio
|
94% |
92% |
96% |
*NOTE: Averages changed dramatically in part due to the sale of a $3.5M detached home
The number of homes sold in Cardiff in September rose by 3 (30%) from the previous month, with a substantial increase in average sales prices across the board. This appears to be due primarily to the sale of $3.5M home. Given the small number of homes, however, it is unwise to draw any firm conclusions about trends.
At the end of September 2010 there were 7 homes in the Cardiff real estate market with a Contingent status, 2 less than in August (i.e., short sale and REO homes that had offers being reviewed by the lenders). Until approved these homes are considered active and, thus, are included in the Active statistics below.
As of September 2010 there were 70 Cardiff homes for sale, 11% fewer than last month. This represents an inventory of 4.4 months for attached homes (down from 5.8 months in August) and 7.5 months for detached homes (down from 8 months in August).
12 Cardiff homes came on the market in September, about half the number as in August, with 6 homes going pending during the same period, just 1 more than in August.
READ MORE: How Important is Inventory when Buying or Selling? Very!!
Data are based on information provided by the MLS for homes that went under contract in the last couple of months. If you would like more details about the Cardiff real estate market with regard to current activity as well as the specific areas such as the Walking District and the Composer District, please let me know.
READ MORE:
Cardiff Homes for Sale | Cardiff Real Estate Market Report for August 2010
Cardiff Homes for Sale - Cardiff Real Estate Market Report for July 2010
Cardiff Real Estate Market Report for June 2010
Cardiff Real Estate Market Report for May 2010
Cardiff Real Estate Market Report for April 2010
Cardiff Real Estate Market Report for March 2010
**************************************
ALL ABOUT THE CALIFORNIA RELOCATION DUDE
If I can provide more information about Carlsbad homes and real estate for sale and surrounding areas, the housing market in general (or locally), or otherwise assist you, friends or family in a home search or sale, please contact my mobile office or text me at (760) 840-1360 or email me at JeffDowlerSolutions@gmail.com
Serving Carlsbad (including Aviara, La Costa & Carlsbad Village), Encinitas (including Leucadia & Olivenhain), Cardiff, Solana Beach, Del Mar, La Jolla, Rancho Santa Fe, San Marcos (including San Elijo Hills), Oceanside, Carmel Valley, Escondido, and San Diego
Carlsbad Breaking News ~ Oceanside Breaking News ~ Encinitas Breaking News
All content ©Copyright by Jeff Dowler. All rights reserved.
