
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 a 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.
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 April 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
|
8 (down 38%) |
5 (down 29%) |
3 (down 50%) |
|
Average $
|
$726,250 (down 21%) |
$836,000 (down 32%) |
$516,666 (down 2%) |
|
DOM
|
59 |
75 |
31 |
|
Sale $/List $ Ratio
|
98% |
98% |
99% |
The number of homes sold in Cardiff in April declined from the previous month, with declines in average sales prices across the board as well. Given the relatively small number of homes, however, it is unwise to draw any firm conclusions about trends, one way or the other.
At the end of April 2010 there were 8 homes in the Cardiff real estate market with a Contingent status, just 1 less than in March (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 April 2010 there were 70 Cardiff homes for sale, 1 less than last month. This represents an inventory of 6.6 months for attached homes (down from 7.7 months in March) and 9 months for detached homes (up from 8.7 months in March).
21 Cardiff homes came on the market in April, 1 less than in March, with 13 homes going pending during the same period, more than double the number in March.
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 Real Estate Market Report for March 2010
Cardiff Real Estate Market Report for February 2010
Cardiff Real Estate Market Report for January 2010
Cardiff Real Estate Market Report for December 2009
Cardiff Real Estate Market Report for November 2009
Cardiff Real Estate Market Report for October 2009
Cardiff Real Estate Market Report for September 2009
Cardiff Real Estate Market Report for August 2009
Cardiff Real Estate Market Report for July 2009
Cardiff Real Estate Market Report for June 2009
Cardiff Real Estate May 2009 Market Report
Cardiff Real Estate April 2009 Market Report
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If I can provide more information about Cardiff real estate and surrounding areas, or the housing market in general, or otherwise assist you in your homes search, please contact me by phone or text at or email me at JDowler@remax.net. All content copyright © 2010 Jeff Dowler Carlsbad Homes and Real Estate Tidbits
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If I can provide more information about Carlsbad real estate and surrounding areas, the housing market, or otherwise assist you, friends or family in a home search, please contact me by phone or text at (760) 840-1360 or email me at JDowler@remax.net.
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Cardiff, more formally known as Cardiff by the Sea, is a charming beach town just north of Solana Beach in San Diego's North County.
A new retail building has been recently completed along the main thoroughfare (Chesterfield) within a couple blocks of the sea, adding several new retail shops to the eclectic shopping already available.
Artists by the Sea will be offering gallery receptions for their new shows throughout the year, and the featured artists will change to provide a continuing mix of art appealing to a broad audience.



The price range of detached homes on the market as of September 30, 2008 was $499,800 to $3,499,900 million (59% of these homes were over $1 million); prices for attached homes ranged from $260,000 to $1,599,000 million with 33% priced in the $1 million+ range.