Market Data for OCT and NOV 2006 - Cardiff, CA

Here are the market data for October and November from the MLS for Cardiff, CA. Of the coastal communities Caradiff has the tightest market, with the least inventory. In addition, prices here are remaining stable or increasing from month to month for the most part, although slowly.

However, keep in mind that due to the small inventory (and fewer sales proportionally), the data are more subject to fluctuation based on what happens from month to month. Again, it is best to watch the trends over longer periods of time rather than drawing firm conlusions from any given month.

AS OF OCT. 30, 2006	ATTACHED HOMES	DETACHED HOMES
Active	28	35
Sold in Last 6 Months	31	35
Sold/Pending In Last 6 months	37	39
Absorption Rate (Solds)	163 days	180 days
Absorption Rate (Solds Plus Pendings)	136 days	162 days
Average Days on Market	64	51
Median Price Change From 1 Year Ago	4%	12%
Median Price	$560,000	$1,100,000
% Chgn. In MDN from prior month	0%	0%
Average Price	$642,564	$1,286,798
New to Market (Oct.)	5	9
Pending in Oct.	7 (2 new in Oct.)	3 (1 new in Oct.)

AS OF NOV. 30, 2006	ATTACHED HOMES	DETACHED HOMES
Active	24	39
Sold in Last 6 Months	32	31
Sold/Pending In Last 6 months	42	37
Absorption Rate (Solds)	135 days	226 days
Absorption Rate (Solds Plus Pendings)	103 days	190 days
Average Days on Market	66	61
Median Price Change From 1 Year Ago	2%	18%
Median Price	$552,000	$1,150,000
% Chgn. In MDN from prior month	-1%	4%
Average Price	$630,925	$1,285,483
New to Market (Nov.)	999	11
Pending in Nov.	8 (1 new in Nov.)	4

Posted Friday Dec 08

Jeff Dowler ~ Carlsbad Real Estate ~ 760-840-1360
RE/MAX Associates

Jeff Dowler ~ Carlsbad Real Estate ~ 760-840-1360: Real Estate Agent in Carlsbad, CA

Office: (760) 840-1360

Mobile: (760) 840-1360
Secondary: (877) 845-3178

Passionate about solving buyer & seller real estate problems in Carlsbad & coastal North County San Diego communities. Relocation to Carlsbad and nearby is my forte! CALL or TEXT ME at (760) 840-1360.