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This Week
Real-Time Market Profile Trend
Median List Price $ 1,234,500 ==
Asking Price Per Square Foot $ 492 ±+
The median list price in CARDIFF BY THE SEA, CA this week is Average Days on Market (DOM) 193 ≠≠
$1,234,500.
Percent of Properties with Price Decrease 28 %
Percent Relisted (reset DOM) 20 %
Demand measured by the Market Action Index is increasing and
days-on-market is trending downward. Even as more properties Percent Flip (price increased) 4%
come available, these are positive trends for the market. Median House Size (sq ft) 2452
Median Lot Size 8,001 - 10,000 sqft
Median Number of Bedrooms 4.0
Median Number of Bathrooms 3.0
Home sales have been exceeding new inventory for several weeks. ±+ No change == Strong upward trend ≠≠ Strong downward trend
While still a Buyer's market, prices seem to have responded by
moving upward. If the demand trends continue, expect prices to = Slight upward trend ≠ Slight downward trend
keep marching upward, especially once we see a Seller's Market.
Price
Market Action Index Prices are climbing and we're nearing the market's all time high.
A persistent drop of the Market Action Index into the Buyer's
zone will be a leading indicator of the price strength subsiding.
Price Trends
Quartiles
7-Day Rolling Average 90-Day Rolling Average
0.25 - 0.50
Upper/Second $ 1,395,000 3295 acre 5.0 3.5 7 13 2 0 154 Upper-middle 25% of properties
4,501 -
Lower/Third $ 1,090,000 1866 6,500 sqft 3.0 2.5 26 14 1 0 204 Lower-middle 25% of properties
6,501 -
Bottom/Fourth $ 728,500 1565 8,000 sqft 3.0 2.0 50 14 0 3 208 Least expensive 25% of properties
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