Here are the summary statistics from the MLS for Cardiff-be-the-Sea for December (as of Dec. 31).
The overall inventory shows a drop of 14% from the end of November. While the median price remained stable for attached homes as compared to November, the medin price for detached homes dropped by 8%.
AS OF DEC. 31, 2006 | ATTACHED HOMES | DETACHED HOMES |
Active | 18 | 36 |
Sold in Last 6 Months | 33 | 26 |
Sold/Pending In Last 6 months | 40 | 36 |
Absorption Rate (Solds) | 98 days | 249 days |
Absorption Rate (Solds Plus Pendings) | 81 days | 180 days |
Average Days on Market | 70 | 51 |
Median Price Change From 1 Year Ago | 2% | 11% |
Median Price | $552,000 | $1,060,000 |
% Chgn. In MDN from prior month | 0% | -8% |
Average Price | $630,010 | $1,254,915 |
New to Market (Dec.) | 1 | 4 |
Pending in Dec. | 2 (none new in Dec.) | 3 (none new in Dec.) |
If I can answer any questions about the market, or provide further information, please let me know. And visit my website for more information.
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