The Costa Mesa Real Estate report for September 8, 2008 is as follows:
There are 334 homes currently for sale in Costa Mesa. 244 of these are single family (SFR) homes. 90 are condos.
97 homes are in escrow, conditionally sold. 77 are SFRs. 20 are condos.
12 homes have closed escrow in September.
The median price of homes in September is $590,000. The average price of a home in September is $609,993.
Two of the homes sold in September were bank owned/REO, and one was a short sale (requested the lender accept less than was owed on the mortgage upon sale), had a notice of default filed(for failure to pay the mortgage) on them or were otherwise in the foreclosure process.
61 homes closed escrow in August.
The median price of homes in August was $485,000. The average price of a home was $517,672.
12 of the homes sold in August were short sales 21 of the homes sold in August were bank owned/REO properties.
Two homes were listed today. 5 homes were placed in escrow since our last post.
Two listings were cancelled today; one listing expired (did not sell during the period of the listing contract). Seven listings were put on hold today.
For more information please visit Costa Mesa Real Estate. For information on the value of a particular home please visit Costa Mesa Home Values.
Click here for a free list of Orange County Foreclosures or a free list of Orange County short sales or email me at christine@donovanblatt.com.
Information deemed accurate and reliable but not guaranteed.
Information from So Cal MLS.
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