$4,995,000
Julianne Pierzak, Listing Office: Coldwell Banker Realty
Is Eastside Costa Mesa, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Eastside Costa Mesa has remained a Seller's Market.
Key Takeaway
Eastside Costa Mesa is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Eastside Costa Mesa, CA
How much do homes in Eastside Costa Mesa, CA cost?
Median Sold Price
$1,708,000
$908/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$33,500(+2.0%)
Key Takeaway
Homes in Eastside Costa Mesa have sold for 2% more than they did a year ago.
Summary: The median home sold price in Eastside Costa Mesa was $1,708,000 in November 2024, up 2% from last year, and the median price per square foot was $908.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $1.0M | $1.1M | +13.6% |
| 2 Bedrooms | $1.1M | $957K | -16.6% |
| 3 Bedrooms | $1.3M | $1.6M | +16.7% |
| 4 Bedrooms | $1.8M | $1.9M | +9.0% |
| 5+ Bedrooms | $2.4M | $2.6M | +5.3% |
Summary: Eastside Costa Mesa housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 13.6%, 2 bedroom homes decreased by 16.6%, 3 bedroom homes increased by 16.7%, 4 bedroom homes increased by 9%, and 5+ bedroom homes increased by 5.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Mariners | $3.3M | $3.8M | +16.2% |
| Eastside Costa Mesa | $1.6M | $1.7M | +2.0% |
Housing Supply in Eastside Costa Mesa, CA
How many homes are available in Eastside Costa Mesa, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 51 | 38 | -25.5% |
Summary: The Eastside Costa Mesa real estate market had 38 homes for sale in November 2024, a 25.5% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 8 | 6 | -25.0% |
| 3 Bedrooms | 23 | 16 | -30.4% |
| 4 Bedrooms | 16 | 13 | -18.8% |
| 5+ Bedrooms | 4 | 3 | -25.0% |
Summary: The Eastside Costa Mesa housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 25%, 3 bedroom homes decreased by 30.4%, 4 bedroom homes decreased by 18.8%, and 5+ bedroom homes decreased by 25%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 14 | 0.0% |
Asking Price vs. Sold Price
6 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
6 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Eastside Costa Mesa, you may be able to get a good deal. 42.9% of homes here sold below asking price last month.
Summary: A total of 14 homes were sold or pending in Eastside Costa Mesa in November 2024, the same as the previous month. Of the 14 sold homes, 43% were sold under asking, 14% were sold at asking, and 43% were sold over asking.
Days on Market for Eastside Costa Mesa, CA
How long does it take to sell a home in Eastside Costa Mesa, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 6 Days | 25 Days | +314.0% |
Summary: Homes in Eastside Costa Mesa had an average of 25 days on market in Nov 2024, up by 314% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Eastside Costa Mesa are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 14 homes were sold in Eastside Costa Mesa; 71% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.