Costa Mesa, CA Housing Market
The Costa Mesa housing market is very competitive. Homes in Costa Mesa receive 3 offers on average and sell in around 27 days. The median sale price of a home in Costa Mesa was $1.5M last month, up 25.9% since last year. The median sale price per square foot in Costa Mesa is $780, up 6.3% since last year.
Costa Mesa Housing Market Trends
In April 2024, Costa Mesa home prices were up 25.9% compared to last year, selling for a median price of $1.5M. On average, homes in Costa Mesa sell after 27 days on the market compared to 36 days last year. There were 54 homes sold in April this year, up from 46 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Costa Mesa housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% above list price and go pending in around 26 days.
- Hot homescan sell for about 5% above list price and go pending in around 13 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 23 days.
- Hot homescan sell for about 6% above list price and go pending in around 13 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for around list price and go pending in around 33 days.
- Hot homescan sell for about 2% above list price and go pending in around 19 days.
Costa Mesa Migration & Relocation Trends
- Across the nation, 5% of homebuyers searched to move into Costa Mesa from outside metros.
- San Francisco homebuyers searched to move into Costa Mesa more than any other metro followed by New York and Seattle.
- 79% of Costa Mesa homebuyers searched to stay within the Costa Mesa metropolitan area.
- San Diego was the most popular destination among Costa Mesa homebuyers followed by Las Vegas and Phoenix.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 3,710 | ||
2 | 1,664 | ||
3 | 544 | ||
4 | 476 | ||
5 | 10 | ||
6 | 8 | ||
7 | 7 | ||
8 | 6 | ||
9 | 5 | ||
10 | 4 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Feb '24 - Apr '24 | ||
1 | 12,011 | ||
2 | 6,396 | ||
3 | 4,013 | ||
4 | 3,719 | ||
5 | 2,588 | ||
6 | 1,943 | ||
7 | 1,932 | ||
8 | 1,480 | ||
9 | 1,439 | ||
10 | 1,371 |
Home offer insights for Costa Mesa
Recent offers
- Winning Offer|11 Weeks Ago~$1.5M Offer4 bd | 2.75 ba | ~2,000 sqftUnder List Price4%Days on Market151Competing Offers0Down Payment~50%
- Offer Not Accepted|6 Weeks Ago~$1.5M OfferSold for $1.5M4 bd | 2.5 ba | ~2,500 sqftOver List Price1%Days on Market27Competing Offers5Down Payment~60%
View houses in Costa Mesa that sold recently
Recently sold homes
- $1,121,000 Last Sold Price3 beds2 baths1,587 sq ft586 Knowell Pl, Costa Mesa, CA 92627List Price$999,000Sale to List12% over listDays on Market23 days586 Knowell Pl, Costa Mesa, CA 92627
- $1,495,000 Last Sold Price4 beds3 baths2,180 sq ft235 Santa Isabel Ave, Costa Mesa, CA 92627CompassList Price$1,495,000Sale to List0% over listDays on Market37 days235 Santa Isabel Ave, Costa Mesa, CA 92627
- $1,600,000 Last Sold Price3 beds2 baths1,500 sq ft3202 Vermont Ave, Costa Mesa, CA 92626List Price$1,385,000Sale to List16% over listDays on Market35 days3202 Vermont Ave, Costa Mesa, CA 92626
- $1,850,000 Last Sold Price5 beds3 baths2,509 sq ft1917 Tustin Ave, Costa Mesa, CA 92627List Price$1,795,000Sale to List3% over listDays on Market16 days1917 Tustin Ave, Costa Mesa, CA 92627
- $650,000 Last Sold Price2 beds1 bath908 sq ft1632 Iowa Unit A, Costa Mesa, CA 92626List Price$645,000Sale to List1% over listDays on Market21 days1632 Iowa Unit A, Costa Mesa, CA 92626
- $1,250,000 Last Sold Price3 beds2.5 baths1,543 sq ft347 E 18th St Unit C, Costa Mesa, CA 92627First Team Real EstateList Price$1,190,000Sale to List5% over listDays on Market35 days347 E 18th St Unit C, Costa Mesa, CA 92627
- $845,000 Last Sold Price2 beds2 baths1,058 sq ft313 Alta Ln, Costa Mesa, CA 92627List Price$779,000Sale to List8% over listDays on Market25 days313 Alta Ln, Costa Mesa, CA 92627
- $2,575,000 Last Sold Price3 beds3.5 baths2,675 sq ft2132 Cresta Dr, Newport Beach, CA 92660Times Real Estate CAList Price$2,590,000Sale to List1% under listDays on Market53 days2132 Cresta Dr, Newport Beach, CA 92660
See all recently sold homes in Costa Mesa.
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Schools in Costa Mesa
- Elementary
- Middle
- High
GreatSchools Rating
8/10 Maude B. Davis Elementary School Public • K-6 | 456 Students | 29 reviews |
8/10 Heinz Kaiser Elementary School Public • 3-6 | 519 Students | 9 reviews |
8/10 Eastbluff Elementary School Public • K-6 | 321 Students | 10 reviews |
7/10 Newport Heights Elementary School Public • K-6 | 434 Students | 12 reviews |
7/10 Gisler (robert) Elementary School Public • K-5 | 541 Students | 10 reviews |
Climate's impact on Costa Mesa housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Costa Mesa.
Flood Factor - Minor
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Minimal
Wind Factor
Heat Factor - Major
Heat Factor
Transportation in Costa Mesa
Walk Score®
Transit Score®
Bike Score®
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