Costa Mesa homes sell 20% faster vs. O.C.
I can definitely attest to this, my last listing at 3205 Colorado Place in the Mesa Verde Community of Costa Mesa was put in escrow within two days of putting it in the MLS. In fact, the offer was wrote at my very first open house at the home. Need to sell your home fast? Call me- 714-957-6677 Kurt Galitski
Real estate for sale in Costa Mesa looks brighter by one set of statistics.
Every two weeks, Orange County broker Steve Thomas publishes a report on the supply of local homes for sale. Here’s what the latest report — as of June 23 — has to say about Costa Mesa …- 244 residences listed in brokers’ MLS system with 82 new deals opening in the past 30 days.
- By Thomas’s math, this community has a “market time” (months in would take to sell all inventory at current pace of new escrows) of 2.98 months vs. 3.19 months found two weeks earlier vs. 3.42 months seen a year earlier. Countywide, latest market time was 3.72 months vs. 3.37 months a year ago.
- So, homes in this community — in theory — sell 20% faster than the countywide pace.
- Of the homes listed for sale in this community, 86 were either foreclosures being resold or short sales, where sellers owe more than the home’s value. So distressed properties were 35.2% of supply of homes for sale vs. 33.5% countywide.
- Homes for sale in Costa Mesa represent 2.1% of Orange County inventory — and 2.3% of all the distressed homes listed for sale in Orange County. New escrows here are 2.7% of all Orange County’s new pending sales.
Compare these trends to countywide patterns:
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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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