Costa Mesa's Neighborhood Blog

A blog about Newport and Costa Mesa with an emphasis on Costa Mesa Real Estate and Newport Beach Real Estate, written by a lifetime local resident of coastal Orange County whose knowledge of the area, combined with a strong background in mortgages, real estate and being an attorney, gives her clients many advantages.

Costa Mesa Real Estate Minute - September 12, 2008

The Costa Mesa Real Estate report for September 12, 2008 is as follows:

There are 326 homes currently for sale in Costa Mesa.  235 of these are single family (SFR) homes.  91 are condos.

105 homes are in escrow, conditionally sold. 79 are SFRs. 26 are condos.

21 homes have closed escrow in September.

The median price of homes in September is $560,000.  The average price of a home in September is $542,820.

Five of the homes sold in September were bank owned/REO, and three was a short sale (requested the lender accept less than was owed on the mortgage upon sale), had a notice of default filed(for failure to pay the mortgage) on them or were otherwise in the foreclosure process.

Of the 62 homes closed escrow in August, 12 of the homes were short sales and 22 were bank owned/REO properties.

Six homes were listed today. 8 homes were placed in escrow since our last post. 

Three listings were put on hold today.

For more information please visit Costa Mesa Real Estate.  For information on the value of a particular home please visit Costa Mesa Home Values.

 Click here for a free list of Orange County Foreclosures or a free list of Orange County short sales or email me at christine@donovanblatt.com.

 

Information deemed accurate and reliable but not guaranteed.

Information from So Cal MLS.

 

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Contact Christine Donovan at christine@donovanblatt.com or 714-319-9751 to buy a home or to list your property for sale in Newport Beach, Costa Mesa, Huntington Beach or Orange County.

Click here to view all Orange County homes for sale.

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About the author: Christine Donovan is a California Residential Real Estate Broker with experience in assisting clients buy and sell residential real estate.

Are you upside down in your home? Is it worth less than you owe? Are you concerned about making your mortgage payment? For more information see Options to Foreclosures, understanding short sales or contact me at christine@donovanblatt.com to discuss your options.

If you want to buy a home or to list your property for sale, please click Newport Beach homes, Costa Mesa homes, Huntington Beach homes or Orange County homes.  Click the link if you are interested in buying a home at a courthouse auction sale.

Contact me at christine@donovanblatt.com or 714-319-9751 to learn about her system which will make your buying and selling experience easier.

Disclaimer: All information in this blog is deemed reliable but is subject to change at any time and is not guaranteed to be accurate nor are there any warantees either express or implied. This blog is not intended to offer any legal, tax or other advice.

Click Orange County homes for sale to view all OC homes for sale.

Comment balloon 2 commentsChristine Donovan • September 12 2008 11:50PM
Costa Mesa Real Estate Minute - September 12, 2008
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