Costa Mesa real estate for sale looks up recently. For the 22 business days ending November 8 — latest DataQuick stats — 70 residences sold in Costa Mesa vs. 52 deals closed in the matching period a year ago — a 34.6% increase over the past 12 months.
At the community level, for this period …
• In ZIP 92626 — median selling price of $485,750 that was down 7.5% vs. a year ago. Homes sold were 39 — that was up 77.3% vs. a year ago.
• ZIP 92627 — median selling price of $375,000 that was down 16.7% vs. a year ago. Homes sold were 31 — that was up 3.3% vs. a year ago.
Compare those trends with countywide data for the same period: Median selling price of $409,000 that was down 7.0% vs. a year ago. Homes sold in Orange County totaled 2,504 — down 1.7% vs. a year ago.
Also…
• Costa Mesa home sales were 2.8% of the countywide market in the latest period vs. 2.0% in the year-ago period.
• Of Costa Mesa ‘s 2 ZIP codes, both had sales gains vs. a year ago while none had a gain in their median selling price vs. a year ago.
• This year, 92626 was 56% of the Costa Mesa market in terms of home sales; 42% a year ago.
• Both of these 2 Costa Mesa ZIP codes beat the down 7.0% overall performance of the countywide median selling price for the past year.
