Justin Tye

Costa Mesa, CA

Single-Family Homes

Active Realty I REAL



Costa Mesa, CA

Fri Jun 21 2024
This week the median list price for Costa Mesa, CA is $1,599,999 with the market action index hovering around 70. This is an increase over last month's market action index of 69. Inventory has increased to 46. Click here to stay informed with the Costa Mesa market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Costa Mesa, CA

Fri Jun 21 2024
This week the median list price for Costa Mesa, CA is $1,599,999 with the market action index hovering around 70. This is an increase over last month's market action index of 69. Inventory has increased to 46. Click here to stay informed with the Costa Mesa market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Costa Mesa market.
Median List Price $1,599,999
Median Price of New Listings $1,488,000
Per Square Foot $888
Average Days on Market 40
Median Days on Market 21
Price Decreased 37%
Price Increased 2%
Relisted 11%
Inventory 46
Median Rent
Market Action 70
Strong Seller's Market

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,850,000 3,015 6,500 - 8,000 sqft 4 4 63 1 2 35
$1,995,000 2,169 6,500 - 8,000 sqft 4 2 68 2 3 35
$1,525,000 2,044 4,500 - 6,500 sqft 3 3 59 5 4 7
$1,317,450 1,370 4,500 - 6,500 sqft 3 2 64 3 6 21