$6,352 Closing Credit*
$534,900
2,707 SqFt
4 Beds
•2 Full Baths, 1 Partial
Carolyn Jane Grant-Damminger, Listing Office: Better Homes and Gardens Real Estate Maturo
Is Cardiff, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
At the same time last year, Cardiff was a Seller's Market.
Key Takeaway
Cardiff is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Cardiff, NJ
How much do homes in Cardiff, NJ cost?
Median Sold Price
$326,000
$207/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
+$43,500(+15.4%)
Key Takeaway
Homes in Cardiff have sold for 15.4% more than they did a year ago.
Summary: The median home sold price in Cardiff was $326,000 in October 2024, up 15.4% from last year, and the median price per square foot was $207.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $135K | $159.9K | +18.5% |
| 2 Bedrooms | $148.5K | $185K | +24.6% |
| 3 Bedrooms | $280K | $322.5K | +15.2% |
| 4 Bedrooms | $419.1K | $414.7K | -1.1% |
| 5+ Bedrooms | $435K | $470K | +8.0% |
Summary: Cardiff housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 18.5%, 2 bedroom homes increased by 24.6%, 3 bedroom homes increased by 15.2%, 4 bedroom homes decreased by 1.1%, and 5+ bedroom homes increased by 8%.
Median Sold Price Compared To Nearby Neighborhoods
| Cardiff | $282.5K | $326K | +15.4% |
| Bargaintown | $330K | $378K | +14.5% |
Housing Supply in Cardiff, NJ
How many homes are available in Cardiff, NJ?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 54 | 59 | +9.3% |
Summary: The Cardiff real estate market had 59 homes for sale in October 2024, a 9.3% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 8 | 8 | 0.0% |
| 2 Bedrooms | 7 | 6 | -14.3% |
| 3 Bedrooms | 16 | 20 | +25.0% |
| 4 Bedrooms | 21 | 23 | +9.5% |
| 5+ Bedrooms | 2 | 2 | 0.0% |
Summary: The Cardiff housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 25%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 13 | 8 | -38.5% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cardiff, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Cardiff in October 2024, down by 38.5% month-over-month. Of the 7 sold homes, 43% were sold under asking, 29% were sold at asking, and 29% were sold over asking.
Days on Market for Cardiff, NJ
How long does it take to sell a home in Cardiff, NJ?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 40 Days | 40 Days | -0.1% |
Summary: Homes in Cardiff had an average of 40 days on market in Oct 2024, down by 0.1% compared to last year.
Breakdown of Home Sale Times
5 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in Cardiff are selling fast, if you're buying plan to act quickly.
Summary: During October 2024, 8 homes were sold in Cardiff; 63% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the South Jersey Shore Regional (SJSR) MLS. Real estate listings held by brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. © 2024 SJSR MLS. All rights reserved.