Found 25 blog entries tagged as Real Estate Market.


The Costa Mesa real estate market is dynamic, and if you're thinking of buying, selling, or investing, you likely have some burning questions. As your local real estate expert, we are here to shed light on the top inquiries we're hearing right now. Let's dive into the five most crucial questions on the minds of our Costa Mesa community this April.

1. What are the current market trends in Costa Mesa, and is it a good time to buy or sell right now?

This is the million-dollar question (sometimes literally in our market!). As of April 2025, Costa Mesa presents a nuanced picture. While some indicators point towards a balanced market, with a slight increase in inventory compared to last year offering more choices for buyers, certain neighborhoods continue…

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The sun-kissed shores of Costa Mesa and Huntington Beach have long been synonymous with desirable real estate. However, in the current market, we're observing a trend: homes are taking a bit longer to sell. What's behind this shift? Let's delve into the key factors influencing our local market.

Factors Contributing to Longer Market Times:
Interest Rate Impact:
  • Fluctuations in mortgage interest rates significantly impact buyer affordability. When rates rise, potential buyers may reduce their budgets or delay their home search. This directly affects the speed at which homes sell.
  • In areas like Costa Mesa and Huntington Beach, where property values are relatively high, even small interest rate increases can have a substantial effect on…

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Happy St. Patrick's Day, everyone! While you're busy searching for four-leaf clovers and avoiding pinches, let's talk about a different kind of treasure hunt: finding your dream home. This St. Paddy's Day, we're blending the luck of the Irish with some savvy real estate tips to help you strike gold in your property search!

Feeling Lucky? Real Estate Myths and Magic

We all know the Irish are known for their luck, but let's separate the real estate myths from the magical truths:

  • Myth: "I'll find my dream home by luck alone!"
    • Reality: While a little luck never hurts, finding the perfect home requires planning, research, and a solid strategy. Think of it as crafting your own four-leaf clover – it takes effort!
  • Myth: "The market…

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As the real estate market starts to heat up, many homeowners are wondering: When is the best time to sell? If you’ve been considering putting your home on the market, now may be the perfect moment to act. With a surge in homes expected to hit the market in the next 30 to 60 days, listing your home sooner rather than later could give you a significant advantage.

Here’s why listing your home now could be the best decision you make this year:

1. Less Competition

In the next couple of months, many homeowners will begin listing their properties, hoping to take advantage of the spring buying season. However, by listing now, you’ll face less competition from other sellers. With fewer homes available, your property will have a better chance of…

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Welcome to Mesa Verde, a charming neighborhood that offers a unique blend of suburban tranquility and modern conveniences. Whether you're a first-time homebuyer or looking to upgrade your living situation, Mesa Verde has something for everyone. Let’s dive into what makes this community so special, from its real estate market to its local demographics. You might even crack a smile while you’re at it.

Real Estate Market Overview

Mesa Verde is a hidden gem in the real estate world. While the market here is tighter than your jeans after Thanksgiving, it’s packed with robust opportunities:

Recent Market Highlights:
  • 12-Month Snapshot: Over the past year, Mesa Verde saw 96 sales with an average sales price of $1,725,000 and an average of 19…

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The real estate market dynamics can seem enigmatic to both beginners and seasoned professionals. One question that often puzzles homebuyers and sellers is: "How do I know if I'm getting a good price?" The L3 Real Estate Team, experienced veteran's in the Costa Mesa property market, shares key insights that'll guide you through this conundrum.

  • Understanding the Local Market

Costa Mesa, over the last 12 months, has witnessed 599 transactions. With competitive average sales prices around $1,449,603, Costa Mesa's real estate is on fire. Houses spend an average of 36 days on the market, reflecting a more than desirable demand in this vicinity.

However, these numbers might not tell the entire story. It's important to delve deeper and explore…

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Would you like to experience a staycation every day? Then Huntington Beach - Pacific Sands is the place for you!

A Real Estate Market That Shines Bright

  • The past year saw 22 new keys change hands. That's a whole lot of new sun-kissed faces around the neighborhood.
  • The average price these properties were snatched up for? $1,279,955. It's a golden investment in a golden locale.
  • Each of these homes spent an average of 22 days on the market. That's lesser than the number of suntan lotions lining our local supermarket!

The Community: Life's a Beach, Then You Surf!

A day in Pacific Sands is like a beach vacation you don't want to end.

  1. Environment: Picture pristine beaches at your doorstep and constant whispers of the Pacific…

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For past generations, the magic summoned up by the phrase “Million-Dollar!” would be hard to exaggerate—so the idea of Costa Mesa million-dollar homes would have represented gawk-worthy artifacts of success. Even though today, “million-dollar” this and that are attached to everyday news items, last week’s announcement from Redfin’s Economic Research unit may have come as something of a surprise. The news was short and sweet:

“Nearly one in 10 U.S. homes are worth $1,000,000 or more.”

The rising proportion of million-dollar properties may be due in part to a weakening U.S. dollar, but by no means is that the whole (or most interesting) story. Some details:

  • 55 of the 99 most populous metros have seen a rise in million-dollar and…

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Last Thursday, under the headline “The Housing Recession is Over…,” Costa Mesa real estate observers found a MarketWatch report laden with positive indicators. All of them were, however, less than earth-shaking in scale. The optimism-tinged phrases like ‘ticked up,’ ‘inched up,’ and ‘small positive increase’ were balanced by negative results that were equally minuscule—‘falling only slightly,’ was one of those.

Even so, it was hard not to applaud the overall message—a fairly convincing gathering of June month-end numbers that look as if real estate industry momentum is stirring. The springtime doldrums seem to be over—but only ‘just.'

Here are MW’s particulars:

  • Pending home sales advanced a bit on a month-to-month basis—the first…

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Costa Mesa homeowners have ample reason to expect to attract bids that reflect the recent run-up in U.S. real estate prices, but that alone shouldn’t lull them into complacency as they prepare their property for entry into the Costa Mesa listings. That’s a real estate truism—even in a well-defined seller’s market. For area homeowners who see tens of thousands (or hundreds of thousands!) of dollars more in market value indicated by recent comparable sales, it’s tempting to then assume that little preparation will be needed to achieve similar results. Not true.

The value of thorough preparation to show off any property continues to make a substantial difference at the signing table. Since the word “thorough” may be too vague to be of much value, here…

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