Market Trends: Cardiff By The Sea — July 2026
Key Metrics at a Glance
| Metric | Value | Trend |
|---|---|---|
| Median Sale Price (0-3 Mo) | $2,060,000 | Declining |
| Median $/SF (0-3 Mo) | $1,195.30 | Increasing |
| 12-Mo Linear $/SF Change | +53.62% | Positive |
| Months of Inventory | 1.0 | Tight supply |
| Median Days on Market | 22 | Improving |
| SP/LP Ratio | N/A | N/A |
| Sales Volume Change (Qtr) | +21.7% | Increasing |
| Anticipated Marketing Time | 30-60 days | Active market |
Analysis
The data reveals broadly consistent movement between overall prices and per-square-foot metrics. The stronger performance in overall median prices relative to $/SF suggests larger or higher-end properties are making up a greater share of recent transactions.
On the supply side, 1.0 months of inventory reflects tight supply conditions in the market. The significant reduction in days on market signals improving absorption and buyer engagement. The stable SP/LP ratio suggests pricing expectations remain well-calibrated between buyers and sellers.
In summary, the market is best characterized as in a repricing phase where increased transaction volume at lower price points suggests the market is finding a new equilibrium. The anticipated marketing time of 30-60 days reflects current absorption rates. The positive 6-month $/SF trend suggests strengthening fundamentals that may support continued price appreciation.
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