Carlsbad Real Estate News and Views: Cardiff Real Estate - Cardiff, California Market Report for November 2008

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.

Cardiff Real Estate - Cardiff, California Market Report for November 2008

Cardiff Real Estate Market Report - Cardiff California - Jeff Dowler

As a buyer or seller in the Cardiff real estate market, having data about the current market conditions will enable you to be an informed decision regarding what to do with regard to buying a home in Cardiff, or selling your Cardiff home.

Because of the type of community that it is, and its small size, the Cardiff real estate market is very localized, and knowing what is going on in the market with regard to inventory and sales is important for making a buying or selling decision

Here is a summary of the Cardiff real estate market for November 2008 based on information provided by the MLS (private sales are not included). These data are deemed reliable but are not guaranteed.

  • In November 2008 there were only 5 homes sold in Cardiff, half the number sold in October and they were all attached properties.
  • The average price was $540,600 ($338/SF) with an average of 81 days on market. These properties sold at an average of 97% of asking price.

As of November 2008 there were 57 Cardiff homes for sale , down 11% from October; this is to be expected at this time of year. This represents an inventory of only 5 months for attached homes (a decline from October) and 9.5 months for detached homes at the current rate of sales (based on a 6-month period), which was unchanged from October.

Cardiff State Beach, Cardiff CaliforniaThe price range of detached homes on the market as of November 30 was $424,650 to $3,499,900; prices for attached homes ranged from only $325,000 to $1.5 million.

14 Cardiff homes came on the market in November (10 detached, 4 attached), with only 1 detached home going pending during the same time period.

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 and the Composer Districts, please let me know.

Real Estate Market Chart by Altos Research www.altosresearch.com

EARLIER MARKET REPORTS:

Cardiff Real Estate October 2008 Market Report

Cardiff Real Estate September 2008 Market Report

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If I can provide more information about Cardiff, Carlsbad 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 (760) 840-1360 or email me at JDowler@remax.net.

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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

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Comments

Jeff as usual a terrific job putting together the Cardiff Real Estate report.

Posted by Bill Gassett Metrowest Massachusetts Real Estate (RE/MAX Executive Realty) over 3 years ago

Jeff Dowler. The real estate expert in Cardiff, California.

There. That should help your SEO =P

Posted by Lisa Hill (Daytona Beach Real Estate) (Florida Property Experts) over 3 years ago

Bill - thanks, dude. I think my market reports pale in comparison to yours.

Lisa - hey thanks. One good turn deserves another.

Jeff

Posted by Jeff Dowler ~ Carlsbad Homes for Sale ~ 760-840-1360 (Solutions Real Estate (CA DRE Lic. # 01490977)) over 3 years ago

Hey Santa...thanks for the updates on the market of my Dream area!  Now would be the time to come to find that home! Interest rates are down...inventory is ready!  enjoy the sesaon...and Santa you need to whiten up that mustache some!

Posted by Lewiston ID Real Estate ~Clarkston~Patty Luther Idaho-Washington REAL ESTATE (Rock-n-Roll Realty) over 3 years ago

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