What’s My Cardiff-by-the-Sea Home Worth? Market Report September 2017

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

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

Cardiff Home Sales for September 2017

 

 

Cardiff Kook statueBuyers 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 decisions about Cardiff homes for sale.

 

 

 

 

Here’s More Information about Cardiff-by-the-Sea:

Cardiff by the Sea – Quintessential Beach Community

A Visual Tour of Cardiff-by-the-Sea

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

 

Enjoy the Cardiff lifestyle slide show below:

 

 

Here is a summary of the Cardiff real estate market for September 2017 based on information provided by the MLS (private sales are not included; the data are believe to be accurate as of this writing but are not guaranteed).

 

 

TOTAL HOMES SOLD - 10 (up 30%) Ave. 31 Days on Market, Ave. Sales Price $903,488 (down 28%); Ave. sale 98% of asking price

 

Detached Homes Sold - 5 (down 17%); Ave. 28 Days on Market, Ave. Sales Price $1,107,777 (down 11%); Ave. sale 98% of asking price

 

Attached Homes Sold - 5 (up 400%); Ave. 34 Days on Market, Ave. Sales Price $699,200 (down 45%). Ave. sale 99% of asking price

 

 

The overall volume of sales in Cardiff shifted up from last month, but with 1 less detached home sold, but 5 times as many attached sold than in the prior month. 30% of the transactions in September were for cash, compared to 29% last month. 30% of the homes sold for asking price or better. Average prices decreased for both detached single family homes and attached compared to August.

 

Cardiff view homes

 

At the end of September 2017 there were no homes in the Cardiff housing market with a Contingent status (i.e., for the most part short sale and REO homes that have accepted offers being reviewed by the lenders), compared to 1 last month. This information is included in the total of active listings.

 

 

As of the end of September 2017 there were 23 Cardiff homes for sale, an 18% decrease in inventory from August. This represents an inventory of 1.3 months for attached homes (down from 1.8 months last month), and 2.3 months for detached homes (down from 2.7 months last month).  The Cardiff market remains very competitive for buyers, and is a very strong seller’s market for buyers of attached and detached homes.

 

 

14 Cardiff homes came on the market in September, compared to 19 in August (down 26%). However, 13 homes went pending in September (not counting those that sold), compared to 12 in August, a modest increase by 8%.

 

 

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. Please call me at (760) 840-1360 so we can discuss your housing needs, answer all your questions, and create a plan to help you buy or sell your Cardiff home in 2017.

 

 

Keep in mind that due to the overall limited volume of sales one cannot draw any firm conclusions about pricing and other trends.

 

 

HOMES FOR SALE IN CARDIFF BY THE SEA CALIFORNIA

 

 

READ MORE:

What’s My Cardiff-by-the-Sea Home Worth? Market Report for August 2017

Posted by

Jeff Dowler, CRS
Certified Residential Specialist / Realtor®


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Comments (6)

Gita Bantwal
RE/MAX Centre Realtors - Warwick, PA
REALTOR,ABR,CRS,SRES,GRI - Bucks County & Philadel

You always provide good information about your housing market. Thank you for sharing 

Oct 07, 2017 02:50 AM
Roy Kelley
Retired - Gaithersburg, MD

Cardiff home sellers will be in very good hands when they select you as their listing agent.

Oct 07, 2017 03:45 AM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Thank you Gita Bantwal I appreciate your stopping by!

Hi Roy Kelley What a nice compliment

Have a great weekend!

Jeff

Oct 07, 2017 07:41 AM
Rebecca Gaujot, Realtor®
Lewisburg, WV
Lewisburg WV, the go to agent for all real estate

Jeff, another excellent market report showing your expertise in real estate.

Oct 07, 2017 10:31 AM
Michael Jacobs
Pasadena, CA
Los Angeles Pasadena 818.516.4393

Hi Jeff -- San Diego County has so many great beach or beach-adjacent places to live.   Cardiff-By-The-Sea definitely has a lot of appeal(and some good memories) for me.   

Nice look at the current market and for anyone interested in making a move, your' local perspective and knowledge is quite beneficial.  

Oct 07, 2017 10:42 AM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Thanks so much, Rebecca Gaujot I appreciate the compliment!

So true Michael Jacobs  Cardiff is a pretty neat community and unique in many ways.

Jeff

Oct 09, 2017 10:08 PM