LESLIE SELICH-MARKET UPDATE

Cardiff by the Sea, CA 92007

Single-Family Homes

760.445.1144 | leslie@leslieselich.com | DRE# 01319198



Cardiff by the Sea, CA 92007

Thu Feb 06 2025
This week the median list price for Cardiff by the Sea, CA 92007 is $2,645,000 with the market action index hovering around 32. This is an increase over last month's market action index of 27. Inventory has increased to 12. Click here to stay informed with the Cardiff by the Sea market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Cardiff by the Sea, CA 92007

Thu Feb 06 2025
This week the median list price for Cardiff by the Sea, CA 92007 is $2,645,000 with the market action index hovering around 32. This is an increase over last month's market action index of 27. Inventory has increased to 12. Click here to stay informed with the Cardiff by the Sea market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

In the last few weeks, the Market Action Index has resumed a climb. Despite the fact that we’re in a Seller’s market, prices have not yet resumed upward momentum. However, it is likely that given these conditions, prices will at least level off very soon. If the increasing trend continues, expect that prices could shift higher quickly.

Real-Time Market Profile

Never miss important changes in the Cardiff by the Sea market.
Median List Price $2,645,000
Median Price of New Listings $2,092,500
Per Square Foot $1,400
Average Days on Market 43
Median Days on Market 32
Price Decreased 17%
Price Increased 0%
Relisted 17%
Inventory 12
Median Rent
Market Action 32
Slight Seller's Advantage

Again this week in this zip code we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$5,995,000 3,867 4,500 - 6,500 sqft 4 4.5 13 0 0 105
$2,995,000 2,407 4,500 - 6,500 sqft 3 3 62 1 2 42
$2,349,000 1,626 4,500 - 6,500 sqft 3 2 66 1 0 49
$1,590,000 1,312 4,500 - 6,500 sqft 3 2 52 2 1 0