Market Conditions for Cardiff by the Sea, California Reported by Roberta, Scott and Mike Murphy, REALTOR, GRI, ABR Updated August 20, 2008.

Current Market Rating: 2 1 2 3 4 5 Buyer's Seller's

Current Price Trend: 3 1 2 3 4 5 Falling Rising

Though the median price for detached homes in Cardiff rose 7.7% from the end of 2006 to the end of 2007, days on market are still longer than most sellers would like. For this reason, we still characterize Cardiff as a buyer's market--and one where motivated sellers are offering some outstanding buys. At the end of 2007, the median price for resale detached homes stood at $915,000.

To review not only Cardiff real estate, but all listed properties in San Diego County, please visit: http://www.SanDiegoPreviews.com.

ZIP Code: 92007

Approximate Location Boundaries: Southern area of Encinitas, North of Solana Beach on the Coast

Location Characteristics: Cardiff-by-the-Sea (92007) is actually part of Encinitas, California and sits at its very southern tip along the Pacific Coast. Most homes in Cardiff sit on the hills overlooking the ocean and many enjoy spectacular ocean views.

Locals and visitors alike appreciate Cardiff's coastal Restaurant Row, which features restaurants such as the Beach House, the Chart House, Charlie's by the Sea, Las Olas, Ki's, and Yogi's. Another favorite meeting spot is Cardiff's Seaside Market, which offers great organic selections and has a wonderful catering service as well.

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