#OC25026498, Mary Ryan, Listing Office: Pacific Sotheby's Int'l Realty
Central Costa Mesa Housing Market Report January 2025•Orange County, California
Housing Prices in Central Costa Mesa, CA
How much do homes in Central Costa Mesa, CA cost?
Housing Market Conditions
Is Central Costa Mesa, CA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Central Costa Mesa is a Seller's Market
Difference Since January 2024
Since last year, Central Costa Mesa has remained a Seller's Market.
Central Costa Mesa is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Central Costa Mesa have sold for 1.3% more than they did a year ago.
Summary: The median home sold price in Central Costa Mesa was $940,000 in January 2025, up 1.3% from last year, and the median price per square foot was $700.
Median Sold Price By City
City | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
College Park | $1.1M | $1.2M | +15.5% |
Central Costa Mesa | $927.5K | $940K | +1.3% |
Median Sold Price By Bedrooms
Beds | Jan 2024 | Jan 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $810K | $612.5K | -24.4% |
22 Bedrooms | $755K | $813.5K | +7.7% |
33 Bedrooms | $1.1M | $1.1M | 0.5% |
44 Bedrooms | $1.2M | $1.3M | +7.4% |
55+ Bedrooms | $1.7M | $1.5M | -12.1% |
Summary: Central Costa Mesa housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -24.4%. The home price for 2 bedroom homes increased by +7.7%. The home price for 3 bedroom homes increased by 0.5%. The home price for 4 bedroom homes increased by +7.4%. The home price for 5 bedroom homes decreased by -12.1%.
Housing supply in Central Costa Mesa, CA
How many homes are available in Central Costa Mesa, CA?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
15Last MonthJan 2025 | ||
142 months agoDec 2024 | +7.1 % Change MoMDec – Jan |
Summary: The Central Costa Mesa real estate market had 15 homes for sale in Jan 2025, a 7.1 % increase compared to Dec 2024.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
4Last MonthJan 2025 | ||
72 months agoDec 2024 | -42.9 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
Beds | Dec 2024 | Jan 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 2 | 1 | -50.0% |
22 Bedrooms | 3 | 1 | -66.7% |
33 Bedrooms | 4 | 6 | +50.0% |
44 Bedrooms | 4 | 6 | +50.0% |
55+ Bedrooms | 1 | 1 | 0.0% |
Summary: Central Costa Mesa housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -50.0%. The inventory for 2 bedroom homes decreased by -66.7%. The inventory for 3 bedroom homes increased by +50.0%. The inventory for 4 bedroom homes increased by +50.0%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Central Costa Mesa, CA cost?
Over Asking Price1 Home
At Asking Price1 Home
Under Asking Price2 Homes
If you're buying a home in Central Costa Mesa, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Central Costa Mesa in January 2025, down by 42.9% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and and 25% were sold over asking.
Days on Market for Central Costa Mesa, CA
How long does it take to sell a home in Central Costa Mesa, CA?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days2 Homes
Over 90 Days1 Home
Avg time on Rocket Homes in Central Costa Mesa has remained consistent over time.
Summary: During January 2025, 4 homes were sold in Central Costa Mesa; 25% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
71 DaysThis YearJan 2025 | ||
66 Days1 year agoJan 2024 | +6.6 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in Central Costa Mesa had an average listing age of 71 days in Jan 2025, up by 6.6% compared to the previous year.
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Newest Listings in Central Costa Mesa, CA
What homes are available in Central Costa Mesa, CA?
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MLS Disclaimers and Copyright
Based on information from California Regional MLS, for the period 02/01/2023 - 02/01/2025
![IDX](https://rocket.com/homes/mls-logos/IDX_580_large.png)
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/7/2025, 9:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.