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Costa Mesa Real Estate Minute - August 20, 2008

By Christine Donovan

Real Estate Agent with Donovan Blatt Realty 01267479

August 20, 2008 05:05 PM

The Costa Mesa Real Estate report for August 20, 2008 is as follows:

There are 364 homes currently for sale in Costa Mesa. 267 of these are single family (SFR) homes. 97 are condos.

108 homes are in escrow, conditionally sold. 84 are SFRs. 24 are condos.

26 homes have closed escrow in August.

The median price of homes in August is $484,000. The average price of a home is $501,330.

7 homes were listed today. Two homes were placed in escrow since our last post.

Four listings were put on hold today and two were cancelled.

For more information please visit Costa Mesa Real Estate. For information on the value of a particular home please visit Costa Mesa Home Values.

Information deemed accurate and reliable but not guaranteed.

Information from So Cal MLS.

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Elizabeth Weintraub Sacramento Broker

Elizabeth Anne Weintraub, Broker - Sacramento, CA

Put 40 years of experience to work for you

I used to live on 16th Street in Costa Mesa across from the park. Wow, how times have changed since the 1980s. My little house on a R2 lot was worth about $150,000 back then and has since been demolished with two mini mansions in its place.

Aug 21, 2008 05:10 AM

Terry & Bonnie Westbrook

Westbrook Realty Broker-Owner - Grand Rapids, MI

Westbrook Realty - Grand Rapids Forest Hills MI Re

Hi Elizabeth, looks like you have a fairly active market and a nice average price, ours are quite a lot less on average here in Grand Rapids.

Aug 21, 2008 09:26 AM

Christine Donovan

Donovan Blatt Realty - Costa Mesa, CA

Broker/Attorney 714-319-9751 DRE01267479 - Costa M

Elizabeth - I've lived here pretty much my whole life, minus school, etc. and can't believe the changes that have occurred. So many little houses have been torn down to make way for mini-mansions, especially on the boardwalk in Newport.

Aug 22, 2008 03:44 AM

Terry - Our prices are so much lower than what they were just a few years ago; it's incredible.

I have a friend who grew up in Orange County who now lives in Grand Rapids who is always amazed at how much house you can get for the price there because it's so affrodable compared to what we're used to seeing.

Aug 22, 2008 03:46 AM

Costa Mesa Real Estate Minute - August 20, 2008

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