Question 1

What is the median sold price in Cardiff?

Accepted Answer

The median sold price in Cardiff is $453,750 based on 22 home sales over the past 2 years. The median represents the middle price point where half of homes sold for more and half sold for less, making it a reliable indicator of typical home values in the area.

Question 2

What is the average home price in Cardiff?

Accepted Answer

The average sold price in Cardiff is $457,614. Note that the average ($457,614) is higher than the median ($453,750), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Cardiff?

Accepted Answer

Home prices in Cardiff range from $274,000 to $635,000 based on recent sales data. This $361,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Cardiff selling above or below asking price?

Accepted Answer

On average, homes in Cardiff are selling at 100.4% of their asking price. This means homes are selling at or above asking price. Buyers should be prepared for competitive offers.

Question 5

How long do homes take to sell in Cardiff?

Accepted Answer

Homes in Cardiff are selling in an average of 8 days. This indicates a hot seller's market where homes sell very quickly. Well-priced homes often receive offers within the first week of listing.

Question 6

What is the price per square foot in Cardiff?

Accepted Answer

The average price per square foot in Cardiff is $285. This metric helps you compare homes of different sizes on an equal basis. For example, a 2,000 sq ft home at this rate would cost approximately $570,000.

Question 7

How active is the real estate market in Cardiff?

Accepted Answer

The Cardiff market has seen 22 home sales over the past 2 years, with 3 properties currently for sale. With limited inventory, this is a competitive market favoring sellers.

Question 8

How much do detached homes cost in Cardiff?

Accepted Answer

Detached homes in Cardiff are selling for an average of $457,614, with 22 sales over the past 2 years.

Question 9

Are home prices rising or falling in Cardiff?

Accepted Answer

Home prices in Cardiff have increased by 11.6% over the past 2 years. The average sold price moved from $410,000 to $457,500. This upward trend indicates strong demand and potential equity gains for homeowners.

Question 10

Is Cardiff a buyer's or seller's market?

Accepted Answer

Based on current data, Cardiff is a seller's market. Homes are selling in 8 days on average and at 100.4% of asking price. Sellers can price confidently, while buyers should be prepared to act quickly and consider offering at or above asking price.

Question 11

What percentage of homes sell above asking price in Cardiff?

Accepted Answer

In Cardiff, 45% of homes sold above asking price, while 50% sold below asking. This indicates a competitive market where bidding wars are common.

Question 12

What size homes are selling in Cardiff?

Accepted Answer

Homes selling in Cardiff range from 1,125 to 2,885 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 13

How much do home prices vary in Cardiff?

Accepted Answer

Cardiff shows relatively consistent pricing with a standard deviation of $74,245 around the average price of $457,614. Prices are fairly consistent, making it easier to predict what you'll pay for a home in this area.

Question 14

Where can I find recently sold homes in Cardiff?

Accepted Answer

You can view a comprehensive list of houses sold in Cardiff right here on our market history feed. We update our data daily to ensure you have access to the latest sold real estate listings and final closing prices.

Question 15

Why is seeing sold house prices important?

Accepted Answer

Sold house prices are the only true indicator of market value. Active listing prices are just "wishes," but recently sold homes reflect what buyers are actually willing to pay. Comparing active properties against homes that have recently sold helps you avoid overpaying.

Question 16

Can I see the final sold price on MLS® listings?

Accepted Answer

Yes. While public sites often remove the price once a deal closes, our MLS® listings sold page grants you access to the final sale numbers, days on market, and price history for recently sold homes in Cardiff.

Recently Sold Homes in Cardiff

Cardiff Sold Data Overview

Recently Sold in Cardiff

Cardiff Price Trends & Sale Statistics

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

Cardiff Neighbourhoods

Frequently Asked Questions

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