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This Week
Real-Time Market Profile Trend
Median List Price $ 1,145,000 ±+
Asking Price Per Square Foot $ 496 ±+
The median list price in CARDIFF BY THE SEA, CA this week is Average Days on Market (DOM) 184 ±+
$1,145,000.
Percent of Properties with Price Decrease 29 %
Percent Relisted (reset DOM) 10 %
The Market Action Index has been trending down lately, while
inventory is climbing. These trends imply a weakening market. Percent Flip (price increased) 2%
Median House Size (sq ft) 2302
Median Lot Size 8,001 - 10,000 sqft
Median Number of Bedrooms 4.0
Median Number of Bathrooms 3.0
The Market Action Index has been trending lower for several weeks ±+ No change == Strong upward trend ≠≠ Strong downward trend
while prices have remained relatively stable. If inventory continues
to grow relative to demand however, it is likely that we will see = Slight upward trend ≠ Slight downward trend
downward pressure on pricing.
Price
Market Action Index Despite this week's down tic, the market seems to have paused
around this plateau. The Market Action Index is a good leading
indicator for the durability of this shift.
Price Trends
Quartiles
7-Day Rolling Average 90-Day Rolling Average
4,501 -
Upper/Second $ 1,325,000 2700 6,500 sqft 4.0 3.0 8 13 0 0 169 Upper-middle 25% of properties
4,501 -
Lower/Third $ 939,000 1883 6,500 sqft 3.0 2.0 46 13 1 1 169 Lower-middle 25% of properties
8,001 -
Bottom/Fourth $ 598,000 1498 10,000 sqft 3.0 2.0 46 13 2 0 184 Least expensive 25% of properties
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