Costa Mesa Real Estate Blog

The Costa Mesa Real Estate resale statistics were just released through the end of July 2008, and they were not pretty.

Total sales were 321 of residential homes and townhomes, off by nearly 29% for the same sixmonth period last year in 2007.

Most of the activity now is happening on the lower end of the price scale, around $350,000 to $525,000 where the majority of the bank owned homes and foreclosure activity is happening.

August, however, looked a lot better than last year. Official numbers are not in yet, but it looks like a little over 60 homes and condos sold in Costa Mesa, which would be a 10% jump from the same month last year.

Curious about the best deals, or the best time to buy or sell a home in Costa Mesa? Call Colin Delaney at 714-743-9882 or feel free to e-mail me for info at Colin@Verandahomes.com.