Carlsbad Real Estate News and Views: California: Cardiff by the Sea

Here's the REAL scoop on living in Carlsbad ~ beaches, things to do, places to eat, community events, and of course neighborhoods, homes and the Carlsbad real estate market in general, including surrounding communities like Encinitas, Cardiff, San Marcos, Oceanside, Solana Beach and Del Mar.

What’s My Cardiff-by-the-Sea Home Worth? Market Report March 2019

What’s the Value of My Cardiff-by-the-Sea Home?

Cardiff by the Sea Home Sales for March 2019

 

Cardiff Kook statueBuyers and sellers in the Cardiff real estate market need accurate and up to date information about the current local market conditions in order to make informed decisions about Cardiff homes for sale.

 

Local market conditions have a big impact on buying and selling – inventory, pricing, competition, time on market - and you need to understand these circumstances and how they could affect your purchase or sale.

 

Learn More About Cardiff-by-the-Sea:

Cardiff by the Sea – Quintessential Beach Community 

Like to Walk? Live in the Walking District in Cardiff CA

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 March 2019 based on information provided by the MLS (private sales are not included; data are believed to be accurate as of this writing but are not guaranteed). A total of 15 homes sold during March, more than double the number of sales in February (up 114%).

 

Detached Homes Sold

10 (up 150%); Average of 34 Days on Market, Average Sales Price $1,488,085 (up 14%); Average sale 95% of original asking price

 

Attached Homes (condos, town homes, twin homes) Sold

5 (up 67%); Average of 34 Days on Market, Average Sales Price $1,172,487 (up 80%). Average sale was 97% of original asking price

 

The overall volume of sales in Cardiff rose significantly from last month, but especially for detached single family homes. 40% of the transactions in March were for cash, compared to 14% last month. While home buyers negotiated between 3 and 5% of the original asking price, on average, 33% of the buyers paid asking price or better for their homes. The time on market did not shift from last month for detached single family homes but was longer for attached homes, but both were around 1 month.

 

 

At the end of March 2019 there were no homes in the Cardiff housing market with a Contingent status, compared to 1 last month (i.e., some Contingent listings are short sale and REO homes that have accepted offers being reviewed by the lenders, but these days most tend to be first rights of refusal where offers have been accepted that are contingent on the sale of a buyer’s home).

 

Cardiff contemporary house

 

As of the end of March 2019 there were 33 Cardiff homes for sale, another significant bump up in inventory (up 43%), the most inventory we have seen since August 2018. This represents an inventory of 3.8 months for attached homes (down from 4.9 months last month), and 2.9 months for detached homes (up from 2.7 months last month) based on the rate of sales over the last 3 months. The Cardiff market remains a strong seller’s market for buyers of detached homes and is a seller’s market for attached home buyers.

 

20 Cardiff listings came on the market in March, 1 less than in February. 13 homes went pending in March (not counting those that sold), an increase in pendings by 44% from February, and another sign of our active Cardiff housing market.

 

Data are based on information provided by the MLS. If you would like more details about the Cardiff real estate market with regard to current activity as well as the specific areas including the Walking District and the Composer District, I am happy to provide detailed reports on these specific areas for you and to assist you with the sale or purchase of a home in Cardiff by the Sea.

 

Due to the small volume of sales one should not draw firm conclusions about pricing and other trends in Cardiff by the Sea. Keep in mind that average prices can be dramatically affected by the sale of high and/or low priced homes each month, especially when sales volume is low.

 

Please call me at (760) 840-1360 so we can discuss your housing needs, answer all questions, and create a plan to help you buy or sell your Cardiff home in 2019.

 

SEARCH HOMES FOR SALE IN CARDIFF BY THE SEA

 

READ MORE:

What’s My Cardiff-by-the-Sea Home Worth? Market Report for February 2019

 

My Jeff Dowler signature

 

**************************************

 CHECK OUT THESE USEFUL REAL ESTATE & COMMUNITY LINKS BELOW

 

Click to Search for All San Diego Homes

At Home In Carlsbad blog

 

365 Things to Do in Carlsbad (and Nearby) on Facebook   

  Jeff Dowler's Facebook Profile   Jeff Dowler's YouTube Profile    Jeff Dowler's Twitter Profile   Jeff Dowler's LinkedIn Profile

 

      CRS Designation Logo

 

ALL ABOUT THE SOUTHERN CALIFORNIA RELOCATION DUDE (link)

 

If I can provide more information about homes for sale in Carlsbad and in surrounding areas, our local housing market conditions, or assist you, friends or family in a purchase or sale, please contact my mobile office or text me at (760) 840-1360, or email me at JeffDowlerSolutions@gmail.com

 

HOW ABOUT A FREE EQUITY ANALYSIS ON YOUR CURRENT HOME(S)?

 

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, Escondido, and  Greater San Diego

All content ©Copyright by Jeff Dowler. All rights reserved.

Solutions Real Estate (CA DRE lic #01470977)

Comment balloon 5 commentsJeff Dowler, CRS • April 02 2019 12:10AM
What’s My Cardiff-by-the-Sea Home Worth? Market Report March 2019
share
What’s the Value of My Cardiff-by-the-Sea Home? Cardiff by the Sea Home Sales for March 2019 Buyers and sellers in the Cardiff real estate market need accurate and up to date information about the current local market conditions in order to make… more
What’s My Cardiff-by-the-Sea Home Worth? Market Report February 2019
share
What’s the Value of My Cardiff-by-the-Sea Home? Cardiff Home Sales for February 2019 If you are a buyer or seller in the Cardiff real estate market you need accurate and up to date information about the current local market conditions so you can… more
What’s My Cardiff-by-the-Sea Home Worth? Market Report January 2019
share
What’s the Value of My Cardiff-by-the-Sea Home? Home Sales for January 2019 If you are a buyer or seller in the Cardiff real estate market you need accurate and up to date information about the current local market conditions so you can make… more
What’s My Cardiff-by-the-Sea Home Worth? Market Report December 2018
share
What’s the Value of My Cardiff-by-the-Sea Home? Home Sales Report for December 2018 If you are a buyer or seller in the Cardiff real estate market you need accurate and up to date information about the current local market conditions so you can… more
What’s My Cardiff-by-the-Sea Home Worth? Market Report November 2018
share
What’s the Value of My Cardiff-by-the-Sea Home? Cardiff Home Sales for November 2018 As a buyer or seller in the Cardiff real estate market you need accurate and up to date information about current local market conditions so you can make informed… more
Wordless Wednesday: Happy Halloween
share
Wordless Wednesday: Happy Halloween Lots of homes in my area are decorated for Halloween, as they are every year. No doubt that's true where you live, too. Feel free to share a favorite photo in the comments below on this Halloween day. I took… more
What’s My Cardiff-by-the-Sea Home Worth? Market Report September 2018
share
What’s the Value of My Cardiff-by-the-Sea Home? Cariff Home Sales for September 2018 Buyers and sellers in the Cardiff real estate market need accurate and up to date information about local and current market conditions so they can make informed… more
2018 Cardiff Greek Festival is This Weekend
share
2018 Cardiff Greek Festival is September 8 and 9 The 40th Annual Cardiff Greek Festival takes place this weekend, September 8th and 9th, at the Saints Constantine & Helen Greek Orthodox Church located at 3459 Manchester Avenue Come enjoy a… more
What’s My Cardiff-by-the-Sea Home Worth? Market Report August 2018
share
What’s the Value of My Cardiff-by-the-Sea Home? Cardiff Home Sales for August 2018 Buyers and sellers in the Cardiff real estate market need accurate and up to date information about local and current market conditions so they can make informed… more
What’s My Cardiff-by-the-Sea Home Worth? Market Report July 2018
share
What’s the Value of My Cardiff-by-the-Sea Home? Cardiff Homes Sales July 2018 Buyers and sellers in the Cardiff real estate market need accurate and up to date information about local and current market conditions in order to be able to make… more