Cardiff-By-The-Sea was founded in 1911 by developer J. Frank Cullen. The community was named in honor of his wife's native Wales and many streets also have English names. A later developer, German musician Victor Kramer added the "by-the-Sea". Cardiff-By-The-Sea takes pride in its "walk ability", because of the beach, lagoon, restaurants, markets, post office, library, and other commercial services in easy walking distance to each other. Also, there is a Restaurant Row, which offers beach-side dining and a wide variety of choices, including Mexican, Italian and California Cuisine with an emphasis on seafood. Some parks include Glen Park, with tennis and basketball courts, a children's play area and picnic tables. In addition, Cardiff Sports Park has multiple baseball and soccer fields.
This is a discussion on the sales prices of homes sold recently as compared to last year. In the past 90 days, there have been 5 homes that have sold and closed escrow in Cardiff-By-The-Sea, CA. These homes range in prices from a low of $375,800 for 3 bedroom 2 bath, and 1,500 square foot home on Munevar. With a high price of $1,800,000 for a 4 bedroom, 4 baths, and 3,200 square foot home on Verdi. The average sold price is $742,860 the average price per square foot is $365.50 and the average days on market are 108 days. Sales price compared to list price is 94%.
During this same 90 day period last year, there were 12 homes that sold and closed escrow in Cardiff-By-The-Sea, CA. These homes range in price from a low of $727,000 for a 4 bedroom, 3 bath, and 1,979 square foot home on Cahoud Dr. Up to the high price of $2,580,000 for a 4 bedroom, 5 baths, 3,700 square foot home on Summit Ave. The average price of these sold homes one year ago was $1,287,250 and the average price per square foot was $482.24. Also, the average days on the market were 52 days. Sales price compared to list price is 95%.
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