Costa Mesa Real Estate News - Costa Mesa Market Report
Originally no more than a way station built by Spanish missionaries, Costa Mesa's first real estate development occurred in the 1880s. This failed to prosper, but Costa Mesa has thrived.
Long time residents may remember when the area was called Fairview and Paularino, but today, the city is a focal point in Orange County with the Orange County Performing Arts Center, South Coast Repertory Theatre and South Coast Plaza as major drawing points. It is hard to believe that Costa Mesa was once nicknamed "Goat Hill" because of its rural flavor.
The modern day Costa Mesa real estate market began as beach bungalows just minutes from the ocean. Even then, Costa Mesa, bordering Newport Beach, captured the best of Newport Beach living at a fraction of the cost. While Costa Mesa may be more affordable than comparable homes in Newport Beach or Corona Del Mar, this is a relative matter as all of Orange County real estate is perceived to be some of the most desirable in the United States.
The market report for Costa Mesa is below:
Costa Mesa is currently in a seller's market with just over 3 months of inventory on the market. This suggests that homes are selling fairly quickly, especially those that are priced well.
See below for HOMES CURRENTLY FOR SALE IN COSTA MESA.
Please call me at 714-319-9751 for more information about buying or selling Costa Mesa homes.
Market reports for additional areas of Costa Mesa and nearby cities: