Your Market Data for: Costa Mesa
August 2011
Your real estate information source.
Welcome to the latest issue of my newsletter!
As your Realtor and Broker, I strive to keep in touch with my clients and provide you with information that I hope you will find useful. This newsletter is an opportunity to let you know about the state of the market and current trends. It may even touch on ways that you could enhance your home’s value. I hope the market data and articles will help you with understanding real estate today and help you with your real estate decisions. If you have any questions, please do not hesitate to contact me.
Kurt Galitski
Costa Mesa Real Estate Sales Data
Average List Price in July
|
Single |
$599,736 |
Condos/ |
$339,830 |
Multi-family |
$788,633 |
August
While August can bring joy to
parents and sadness to kids as they get ready to return to school, it also is
the last full month of summer.
August was originally called Sextilis which is Latin for “sixth
month” (the first month in the Roman calendar is March) but was renamed
for Augustus Caesar in 8 BC. He chose this month not because it was his birth
month as was customary, but to mark the defeat of Cleopatra as this was her
birth month.
The birth flower for August is Poppy or Gladiolus. The modern birthstone is
Peridot (success, protection, dignity and fame) and the traditional birthstone
is Sardonyx (security and relaxation).
Costa Mesa Real Estate Sales Data
Recent Price Reductions in July
|
Single |
5.2% |
Condos/ |
6.0% |
Multi-family |
9.7% |
Home Improvements and Which Ones to Do
Whether you plan to sell in the near future, or just want to improve the value of your home, here is one low cost improvement you should consider.
Refinish your hardwood floors. Scratched and worn hardwood floors detract from your home’s value and if left untended, you may need to replace
them at a huge cost. Paying a professional to refinish them is a good idea – going a little too far with the sander can leave permanent indentations on your
floors. Ask around for a reliable professional or check out a site like www.needcontractor.com. And while you are refinishing your floors, consider
staining them a different shade for a dramatic new look.
Costa Mesa Real Estate Sales Data
Current Average Days on Market in July
|
Single |
117 |
Condos/ |
143 |
Multi-family |
123 |
Keys for Selling When the Market is Slow
It’s a whole new world for home buyers. So, how do you make a smart purchase? You can find some excellent bargains but you still need to do some work.
Check out the Deed.
Don’t take the word of the Seller. They may be telling you what they were told. All sorts of legal issues and problems could
ensue should your deed not match the previous deeds. Make sure the property lines for the house are the same on the deed as they are physically. You don’t
want to find that the property had been subdivided and your driveway actually belongs to someone else and you have no access to your house.
Check the public records. Investigate anything that looks a little irregular or different from what you have been told. Make sure the deed includes everything
you thought you were getting.
Kurt Galitski
Cell: 714-957-6677
Tel: 877-957-6677
https://www.kurtrealestate.com
Weichman Associates-Realtors
1525 Mesa Verde Drive East, Suite
111
COSTA MESA, CA, 92626
Data is deemed accurate but not
absolute, no warranty is given. If you are already working with a REALTOR© this
is not meant to be a solicitation.
Kurt Galitski
Meet Kurt Galitski - The Kurt Real Estate Group, your new best friend. Distinctive Strategies that Deliver Record-Setting Results. When you combine Kurt’s passion and knowledge of the real estate market, you really gain an appreciation for what makes Kurt different. But what truly sets him apart from the crowd are his 5 distinctive strategies and his property management… For Kurt, getting into real estate was not an accident, it was a deliberate and calculated decision to deliver a better experience to home buyers, sellers, and landlords that they have ever received before. Today, you could ask any one of hundreds of clients, read his Yelp reviews, or look at his track record of being featured in Orange Coast Magazine in excess of eight consecutive years and you too will say mission accomplished. www.KurtRealEstate.com www.KurtPropertyManagement.com 877-957-6677
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