Costa Mesa Real Estate Minute January 18, 2009 - Costa Mesa Market Report

By
Real Estate Agent with Donovan Blatt Realty 01267479

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 became an agricultural center known for apples and lima beans.

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.

Below is the current Costa Mesa market report:

Costa Mesa homes

orange county real estate,orange county home value


Based upon general definitions, it appears that Costa Mesa should be in a Sellers' Market though it still appears to be a Buyers' market. Given all that is going on in the credit market and the banking industry, we are in an unusual time and will have to see what happens over the next few months as things hopefully begin to stabilize.


Market reports for additional areas of Costa Mesa:

Central Costa Mesa Real Estate Report

South Coast Metro Real Estate Report

Mesa Verde Real Estate Report

Westside Costa Mesa Real Estate Report

Eastside Costa Mesa Real Estate Report


For more information, please visit Costa Mesa real estate. For more information on Costa Mesa homes or the value of a particular home please visit Costa Mesa home values


Click for a free list of Orange County foreclosures or a free list of Orange County short sales or e-mail Me!


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About the author: Christine Donovan is a California Residential Real Estate Broker with experience in assisting clients buy and sell residential real estate.


Are you upside down in your home? Is it worth less than you owe? Are you concerned about making your mortgage payment? Contact me at christine@donovanblatt.com or 714-319-9751 to discuss your options.


Want to buy a home or to list your property for sale in Newport Beach, Costa Mesa, Huntington Beach or Orange County? Contact christine@donovanblatt.com or 714-319-9751 to learn about my system which will make your buying and selling experience easier.


Click Orange County homes for sale to view all OC homes for sale.

Disclaimer: All information in this blog is deemed reliable but is subject to change at any time and is not guaranteed to be accurate nor are there any warantees either express or implied.

Copyright © 2009 by Christine Donovan, All Rights Reserved. Costa Mesa Real Estate Minute January 18, 2009 - Costa Mesa Market Report.

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About the author: Christine Donovan is a California Residential Real Estate Broker with experience in assisting clients buy and sell residential real estate.

Are you upside down in your home? Is it worth less than you owe? Are you concerned about making your mortgage payment? For more information see Options to Foreclosures, understanding short sales or contact me at christine@donovanblatt.com to discuss your options.

If you want to buy a home or to list your property for sale, please click Newport Beach homes, Costa Mesa homes, Huntington Beach homes or Orange County homes.  Click the link if you are interested in buying a home at a courthouse auction sale.

Contact me at christine@donovanblatt.com or 714-319-9751 to learn about her system which will make your buying and selling experience easier.

Disclaimer: All information in this blog is deemed reliable but is subject to change at any time and is not guaranteed to be accurate nor are there any warantees either express or implied. This blog is not intended to offer any legal, tax or other advice.

Click Orange County homes for sale to view all OC homes for sale.

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Kat DeLong
LakeView Realty Enterprises, Inc - Lake Arrowhead, CA
Realtor DRE#01235311, Lake Arrowhead Real Estate (

Christine:  Goat Hill! Lima Beans?  Who'da known. You're always teaching us something new about your wonderful town--and it is. I love Costa Mesa!

Jan 19, 2009 01:42 AM #1
Rainer
413,903
Terry Miller
Miller Homes Group - Tyler, TX
Miller Homes Group and Tyler Apartment Locator

I love stats. Thank you, things like this keep me up on the market and help the community.

Terry Miller

Jan 20, 2009 01:15 AM #2
Rainmaker
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Greg Dallaire
Dallaire Realty - Green Bay, WI
Green Bay Homes

Christine-  This is an amazing Market Report.  I'm jealous :)  You have so much great detailed information.  There is no doubt in my mind that you are the Local Real Estate Expert in Costa Mesa

Jan 20, 2009 12:08 PM #3
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Christine Donovan
Donovan Blatt Realty - Costa Mesa, CA
Broker/Attorney 714-319-9751 DRE01267479 - Costa M

Kat - You know, I grew up in Newport Beach, and it's a wonderful place, but I've really come to enjoy Costa Mesa and the little tidbits that go with it.

Jan 20, 2009 03:03 PM #4
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Christine Donovan
Donovan Blatt Realty - Costa Mesa, CA
Broker/Attorney 714-319-9751 DRE01267479 - Costa M

Terry - You're welcome.  Stats are important, and I think it's even more important to make them easily comprehensible for the reader.

Jan 20, 2009 03:04 PM #5
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Christine Donovan
Donovan Blatt Realty - Costa Mesa, CA
Broker/Attorney 714-319-9751 DRE01267479 - Costa M

Greg - Thank you so much.  If you want some hints to set up the market report, I'd be happy to help.

Jan 20, 2009 03:05 PM #6
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Christine Donovan

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