Cardiff (92007) Market Update for Week of September 3rd

posted on September 5th, 2012 | filed under: Buying Strategies, Cardiff, Loving the Lifestyle, NoCo SD Market Conditions, Uncategorized

Market Update for Cardiff, San Diego (92007):

The median list price in CARDIFF BY THE SEA, CA this week is $979,000. The 9 properties have been on the market for an average of 73 days.

The Market Action Index has been trending down lately, while inventory and days-on-market are climbing. The trends imply a weakening market.

Supply & Demand – Inventory levels have been relatively consistent relative to sales. Despite the fact that there is a relatively high amount of available inventory, this Buyer’s market is still seeing prices move higher. Given inventory levels, these price conditions are relatively fragile. If the market cools off further, the price trend is likely to reverse.

Would you like to see a list of homes that are currently for sale in Cardiff?  Just let me know!  I will send you a full marketing comparison, including homes that aren’t even on the market yet!

posted by Jeff DeChamplain

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Jeff DeChamplain