Eastside Costa Mesa Real Estate – A Comparison
The difference in the Eastside Costa Mesa Real Estate from just 10 months ago is truly amazing.
In September 2008, there was over 9 months of inventory in Eastside Costa Mesa, meaning that if nobody else put a house on the market, it would have taken over 9 months for all the homes to sell at the rate they were selling.
Today, there is less than 4 months worth of inventory for sale on the Eastside.
There are only 71 homes for sale compared to 108 10 months ago. There are 47 homes in escrow compared to 22.
What’s making the difference? Perhaps people are more comfortable with the direction of the housing market. Perhaps people are watching interest rates go up and are taking advantage of them now before they get higher. Perhaps first time buyers are wanting to take advantage of the first time buyers’ credit which expires at the end of November.
Whatever the reason, the market is hot, and buyers are facing a lot of competition.
Market reports for additional areas of Costa Mesa and other local cities:
Central Costa Mesa Real Estate Report
South Coast Metro Real Estate Report
Mesa Verde Costa Mesa Real Estate Report
Westside Costa Mesa Real Estate Report
Huntington Beach Real Estate Report
South Huntington Beach Real Estate Report
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 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. Copyright © 2009 by Christine Donovan, All Rights Reserved. Eastside Costa Mesa Real Estate – A Comparison.