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Costa Mesa CA Housing Market Has Buyers and Needs More Listings

By
Real Estate Agent with HomeSmart, Evergreen Realty

COSTA MESA REAL ESTATE 

Costa Mesa CA is a popular city for home buyers at Orange County - is located just inland from Newport Beach - about two miles from Newport Harbor.

Investors and buyers have liked Costa Mesa CA real estate - which has had distressed properties and short sales.

REALTORs® and brokers at Costa Mesa sold 105 short sales so far this year 2012 (22.8 percent of market) - with average sold price of $397,647. short sale sign

460 total Costa Mesa homes were sold so far this year 2012 - with average sold price of $479,593.

69 Costa Mesa home sales were REO lender owned after foreclosure (15 percent of market) - average sold price of $379,935.

Costa Mesa now has only 112 properties listed for sale, and the market has buyer demand and needs more listings.

REALTORs® and brokers at Costa Mesa are selling on average 62 homes each month - with average market time that it would take to sell all homes listed at this rate is less then 2 months - which is very fast and favors sellers big time.

Costa Mesa CA housing market is similar to other cities and areas at Orange County CA where markets have lots of buyers and needs more listings. 

Costa Mesa Live

Contact us here if you want information about selling and buying of properties at Costa Mesa and Orange County CA real estate.

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Source of some information is CRMLS.  

Harrison K. Long – REALTOR® and broker associate, GRI – Coldwell Banker Residential Brokerage – 949-854-7747 (phone) – ExploreProperties@gmail.com (email) – CA DRE 01410855 – SFR short sale and foreclosure resource certified by the National Association of REALTORs® – now serving as an appointed director at California Association of REALTORs® – attorney member of the California State Bar Association #69137

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Contact us about listing and sale of property at Costa Mesa and Orange County CA homes and real estate. ~ Professional REALTOR® agent representation and help for property owners, private trust estate representatives, estate administrators, executors and heirs, probate and trust attorneys, estate planners, income tax professionals, public guardians, fiduciaries, investor group managers, bankers, and individuals, with listing and sale of properties at Orange County, CA.

 

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Jeanette Nelson
Keller Williams Realty - Huntington Beach, CA
Orange County Real Estate

Great Stats, thank you for sharing!!

Oct 03, 2012 05:23 PM
Harrison K. Long
HomeSmart, Evergreen Realty - Irvine, CA
REALTOR , GRI, Broker associate, Attorney

Jeanette ... Thanks for checking in at my blog and for your positive comment.  Best wishes.

Oct 07, 2012 04:12 PM