Thursday, July 12, 2012

East Costa Mesa CA Homes and Real Estate Update

East Costa Mesa CA

East Costa Mesa CA is a popular area for residential living and investment - originally developed in the early 1950s with commercial areas near 17th Street and Westcliff Drive.

People are attracted to East Costa Mesa at least in part because of close proximity to Newport Beach and its harbor and Back Bay with boating and kayaking.

ECM was first built with mostly single level homes, and many of those homes have been remodeled.

Residential and commercial areas were gentrified - East Costa Mesa has many homes that were completely rebuilt or partially remodeled during the past ten years.

EAST COSTA MESA now has 41 homes listed for sale - with average asking price of $819,494.

EAST COSTA MESA SFR listings - click here.


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EAST COSTA MESA condo listings - click here.

104 East Costa Mesa CA homes were sold this year so far - as of July 12, 2012 - with average sold price of $585,773.

That's more than 17 homes sold per month on average at East Costa Mesa - so market time to theoreticalloy sell all listed homes is about 2.4 months - a short time and probably balanced in favor of sellers.

22 of those sold ECM homes were short sales - which is 21 percent of the market. 

Costa Mesa Live

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Source of some information is CRMLS, does not include FSBOs, trustee auctions sales or new homes, and does include homes listed and sold by all brokers and agents.

Contact us about listing and sale of Costa Mesa and Orange County CA homes and real estate. ~ Professional REALTOR® agent representation and help for property owners, private trust estate representatives, estate administrators, executors and heirs, probate and trust attorneys, estate planners, income tax professionals, public guardians, fiduciaries, investor group managers, bankers, and individuals, with listing and sale of properties at Orange County, CA.

Posted via email from Explore OC Homes

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