Mesa Verde 1st Quarter Sales 2013

Here’s a quick look at sales that closed in the first quarter in the Mesa Verde Area of Costa Mesa, see below for commentary:

Address	Neighborhood	Bed/Bath	Sq Ft	Sale Price
Address2788 Longwood Ct	NeighborhoodLongwood Greens	Bed/Bath2 / 3	Sq Ft1610	Sale Price$422,500
Address1671 Gisler Ave	NeighborhoodIsland Streets	Bed/Bath4 / 2	Sq Ft1347	Sale Price$498,150
Address3249 Michigan Ave	NeighborhoodState Streets	Bed/Bath4 / 2	Sq Ft1617	Sale Price$500,434
Address1602 Ponderosa St	NeighborhoodTree Streets	Bed/Bath3 / 2	Sq Ft1606	Sale Price$570,000
Address3254 Oregon Ave	NeighborhoodState Streets	Bed/Bath4 / 2	Sq Ft1550	Sale Price$575,000
Address3070 Ceylon Road	NeighborhoodIsland Streets	Bed/Bath4 / 2	Sq Ft1695	Sale Price$575,000
Address1798 New Hampshire	NeighborhoodState Streets	Bed/Bath4 / 3	Sq Ft2190	Sale Price$610,000
Address2025 Baltra Place	NeighborhoodBalearic	Bed/Bath5 / 3	Sq Ft2800	Sale Price$615,000
Address3319 Wyoming Place	NeighborhoodState Streets	Bed/Bath4 / 2	Sq Ft1826	Sale Price$625,000
Address3295 Iowa	NeighborhoodStreet State Streets	Bed/Bath4 / 2	Sq Ft1550	Sale Price$630,000
Address1849 Ohio Place	NeighborhoodState Streets	Bed/Bath4 / 2	Sq Ft1550	Sale Price$630,000
Address2842 Chios Road	NeighborhoodBalearic	Bed/Bath4 / 2	Sq Ft1718	Sale Price$635,000
Address3007 Java Rd	NeighborhoodInner Loop	Bed/Bath4 / 3	Sq Ft4000	Sale Price$638,000
Address2797 Redwing Cir	NeighborhoodUpper Bird Streets	Bed/Bath5 / 3	Sq Ft2765	Sale Price$650,000
Address2979 Mindanao Dr	NeighborhoodInner Loop	Bed/Bath3 / 2	Sq Ft2369	Sale Price$750,000
Address2056 Mandarin Dr	NeighborhoodLower Bird Streets	Bed/Bath4 / 3	Sq Ft2667	Sale Price$850,000
Address2726 Starbird Dr	NeighborhoodUpper Bird Streets	Bed/Bath5 / 4	Sq Ft3567	Sale Price$900,000

 

The market really started its upswing at the beginning of the first quarter of this year, and some of these sold numbers don’t tell the whole story. The Costa Mesa real estate sales market really started going in late February to early March this year. There continue to be multiple offers on properties, a significant lack of inventory, and high demand from buyers looking to buy now.

 

The second quarter closing will show a huge uptick in prices. The first quarter sales were still relative deals as compared to where prices have since gone in April and May of this year.

 

Thinking of selling this summer? The timing is right to max out what you could hope to receive for a property right now. The sales market is very robust and should continue to be this way until early fall.

 

Need help? Have questions? Call Colin Delaney at (714) 743-9882 or e-mail me.