probate: Costa Mesa Real Estate Values - Distress Sale vs. Standard Sale - How Much Difference in Price? - 06/11/08 09:20 AM
I came across a question from someone wanting to know the median price of all non-distress sales (i.e. not bank-owned, not in foreclosure, not REO's, not trust sales, not in probate) in Costa Mesa last month.  He wanted to gauge what the values might be after the supply of distressed properties dwindled.
The median sales price for all apparently non-distressed sales in May 2008 was $538,250, while the median sales price for all sales, including distressed properties, was $530,000, which is less than a 2.5% difference.  What was interesting was the fact that of the 47 sales, only 22 were non-distress sales. 
Looking … (4 comments)

 
Christine Donovan, Broker/Attorney 714-319-9751 DRE01267479 - Costa M (Donovan Blatt Realty)

Christine Donovan

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

Costa Mesa, CA

More about me…

Donovan Blatt Realty

Address: 250 E. 17th St., Ste. 295, Costa Mesa, CA, 92627

Office: 714-319-9751

Mobile: (714) 319-9751

Author Bio: Christine Donovan is a real estate broker and attorney. She is a lifetime local resident of Orange County, and the head of the DonovanBlatt Team which specializes in real estate sales and purchases in the Orange County area with a focus on Costa Mesa, Newport Beach and Huntington Beach.

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