Market Data for DECEMBER 2006 - Cardiff, CA

By
Real Estate Agent with eXp Realty of California, Inc. CA DRE #01490977

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.

Posted by

Jeff Dowler, CRS
Certified Residential Specialist / Realtor®


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