$5,344 Closing Credit*
$450,000
1,615 SqFt
4 Beds
•2 Full Baths
Marguerite Pate, Listing Office: Century 21 Action Plus Realty - Northfield
Is Cardiff, NJ a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Cardiff has remained a Seller's Market.
Key Takeaway
Cardiff is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Cardiff, NJ
How much do homes in Cardiff, NJ cost?
Median Sold Price
$334,000
$208/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$71,500(+27.2%)
Key Takeaway
Homes in Cardiff have sold for 27.2% more than they did a year ago.
Summary: The median home sold price in Cardiff was $334,000 in September 2024, up 27.2% from last year, and the median price per square foot was $208.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $135K | $150K | +11.1% |
| 2 Bedrooms | $152K | $185K | +21.7% |
| 3 Bedrooms | $260K | $330K | +26.9% |
| 4 Bedrooms | $392.6K | $415K | +5.7% |
| 5+ Bedrooms | $435K | $470K | +8.0% |
Summary: Cardiff housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes increased by 11.1%, 2 bedroom homes increased by 21.7%, 3 bedroom homes increased by 26.9%, 4 bedroom homes increased by 5.7%, and 5+ bedroom homes increased by 8%.
Median Sold Price Compared To Nearby Neighborhoods
| Cardiff | $262.5K | $334K | +27.2% |
| Bargaintown | $315K | $375K | +19.0% |
Housing Supply in Cardiff, NJ
How many homes are available in Cardiff, NJ?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 47 | 54 | +14.9% |
Summary: The Cardiff real estate market had 54 homes for sale in September 2024, a 14.9% increase compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 7 | 8 | +14.3% |
| 2 Bedrooms | 6 | 8 | +33.3% |
| 3 Bedrooms | 12 | 15 | +25.0% |
| 4 Bedrooms | 20 | 20 | 0.0% |
| 5+ Bedrooms | 2 | 3 | +50.0% |
Summary: The Cardiff housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 14.3%, 2 bedroom homes increased by 33.3%, 3 bedroom homes increased by 25%, 4 bedroom homes remained the same, and 5+ bedroom homes increased by 50%.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 13 | 13 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
7 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Cardiff, you could pay more than the asking price. 87.5% of homes here sold above asking price last month.
Summary: A total of 13 homes were sold or pending in Cardiff in September 2024, the same as the previous month. Of the 8 sold homes, 13% were sold under asking, 0% were sold at asking, and 88% 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
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 31 Days | 22 Days | -27.6% |
Summary: Homes in Cardiff had an average of 22 days on market in Sep 2024, down by 27.6% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Cardiff are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 13 homes were sold in Cardiff; 77% of homes were sold within 30 days, 23% of homes were sold within 30 to 90 days, and 0% 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.