Gina & Jeannie's Real Estate Market Report

Cardiff by the Sea, CA

Single-Family Homes

Gina Scott | 760.994.6091 | gina.scott@fnf.com | Jeannie Mayberry | 619.249.2803 | Jeannie.Mayberry@fnf.com



Cardiff by the Sea, CA

Sat Apr 13 2024
This week the median list price for Cardiff by the Sea, CA is $3,750,000 with the market action index hovering around 43. This is an increase over last month's market action index of 41. Inventory has increased to 13. 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

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to have been falling a bit recently. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Cardiff by the Sea, CA

Sat Apr 13 2024
This week the median list price for Cardiff by the Sea, CA is $3,750,000 with the market action index hovering around 43. This is an increase over last month's market action index of 41. Inventory has increased to 13. 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

In the last few weeks, the market has been at a stasis point in terms of sales to inventory. However, prices seem to have been falling a bit recently. Technically supply levels indicate this is a Seller’s market so it is likely that the downward pricing pressure will be light or variable. Watch for an up-shift in the MAI before price stability is achieved.

Real-Time Market Profile

Never miss important changes in the Cardiff by the Sea market.
Median List Price $3,750,000
Median Price of New Listings $2,999,500
Per Square Foot $1,350
Average Days on Market 70
Median Days on Market 49
Price Decreased 62%
Price Increased 0%
Relisted 15%
Inventory 13
Median Rent
Market Action 43
Slight Seller's Advantage

The market has been on a downward trend recently and this week, while essentially flat, doesn’t break us out of that cycle. The Market Action Index is a good leading indicator for the durability of this trend.

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
$4,299,000 2,514 6,500 - 8,000 sqft 3 3 34 0 1 14
$3,995,000 2,223 6,500 - 8,000 sqft 4 3.5 54 0 0 105
$3,500,000 2,842 4,500 - 6,500 sqft 4 4 34 1 0 112
$2,749,000 2,190 4,500 - 6,500 sqft 3 2.5 35 1 1 21