East Costa Mesa CA Home Selling Market Still Solid

East Costa MesaEast Costa Mesa is a most-popular area for home buyers at Orange County – and is located just inland from Newport Beach and about two miles from Newport Harbor.

406 16th place, sold, 2014East Costa Mesa homeowners and residents cherish their neighborhoods, with flat and wide streets, friendly neighbors, single level homes, good access to public parks and recreational areas, and located close to good public schools.

 

  • 16 East Costa Mesa homes were sold so far from August 1 to August 28, 2014 – with average sold price of $825,593 – and average time on market of 76 days for those sold homes.
  • 17 East Costa Mesa homes were sold during same time last year 2013 from August 1 to August 28, 2013 – with average sold price of $798,115 – and average time on market of 53 days for those sold homes.
  • So East Costa Mesa home selling is a little slower this year in August, and selling numbers are otherwise about the same as last year 2013.

East costa mesa home valuesInvestors and buyers have also liked East Costa Mesa real estate.

149 East Costa Mesa homes have sold so far this year – from January 1 to August 28, 2014.

Average sold price of $870,366, and average time on market of 65 days for those sold homes.

  • East Costa Mesa has now has 68 homes listed for sale – with average list price of $922,726.
  • 18.6 East Costa Mesa homes are being sold on average each month this year.
  • So it will take 3.65 months to theoretically sell all homes now on the market at current pace of selling.
  • This market still favors sellers, but it has been moderating in favor of buyers who now have more choices.

See East Costa Mesa homes for sale here.

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By Harrison K. Long – Source of some information is CRMLS and is for listings and sales by all agents and brokers.

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Contact us with questions about East Costa Mesa homes and about listing and sale of your home at Orange County CA. ~ Professional REALTOR® agent representation and help for home and property owners, private trust estate representatives, estate administrators, executors and heirs, probate and trust attorneys, estate planners, income tax professionals, public guardians, fiduciaries, investor group managers, bankers, and individuals, with listing and sale of properties at East Costa Mesa and Orange County CA.

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Surf’s Up with Newport Beach CA Home Selling Prices

Surf’s Up with Newport Beach CA Home Selling Prices

TN dpt-wedge-1People love Newport Beach CA where homes near the Harbor, the Back Bay, and beaches are some of the most popular for buyers in this city famous for residential living and investment.

 

Newport Beach CA homeowners like recent selling prices and solid values.

81 Newport Beach homes have sold during first 29 days of July 2014.

Average sold price for those July 2014 was $1,662,385 – and average time on market for those sold homes was 87 days.

84 Newport Beach homes sold during same time last year – first 29 days of July 2013. Average sold price was $1,525,065 – and average time on market for those sold homes was 74 days.

So Newport Beach average home selling prices are up almost 9 percent during this time in July 2014 as compared with the same time last year in July 2013.

Newport Beach now has 366 homes listed for sale on the multiple listing service – with average list price of $2,869,000.

See Newport Beach homes for sale listings

See Balboa Island listings

See Balboa Peninsula listings

See Baycrest listings

See Big Canyon listings

See Eastbluff listings

See Harbor View Homes listings

See Lido Island listings

See Newport Heights listings

We here to help you evaluate the market in your area and price your home to sell.

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By Harrison K. Long. This is information from CRMLS multiple listing service and is for homes sold by all brokers and agents.

Professional REALTOR® agent representation and help for property owners, home sellers, private trust estate representatives, estate administrators, executors and heirs, probate and trust attorneys, estate planners, income tax professionals, public guardians, fiduciaries, investor group managers, bankers, and individuals, with listing and sale of properties at Orange County, CA.

Contact us at 949-854-7747 with your questions about home prices and values at Irvine, Newport Beach, Costa Mesa, and other Orange County CA cities and areas.

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Irvine CA Home Selling 2014 Midyear Update

OLYMPUS DIGITAL CAMERAIrvine CA home selling 2014 midyear update shows shift toward balance and not favoring sellers as much as the market did last year.

Irvine home selling prices are determined with focus on recent comparable sales and fair market value.Irvine CA Midyear real estate update-b-

783 Irvine homes are listed for sale as of today (July 19, 2014) – an astounding number jump up of 108 percent since start of this year when 375 homes were listed.

Home selling at Irvine CA remains strong with prices up – while buyers now have more choices.  Homes for sale are staying on the market about the same on average these days as compared with the first of the year (when average market time was 3.8 months).

5 Shade Tree, sold, 6-30-2014

Midyear Irvine average home sold prices at the following communities during June 2014 can serve as a guide for fair market value:

■Airport Area Irvine – 17 homes sold – average sold price of $581,815

■El Camino Real Irvine – 8 homes sold – average sold price of $615,825
■Northpark Irvine – 8 homes sold – average sold price of $942,050
■Northwood Irvine – 45 homes sold – average sold price of $754,731
■Oak Creek Irvine – 5 homes sold – average sold price of $641,500
■Portola Springs Irvine – 7 homes sold – average sold price of $755,826
■Quail Hill Irvine – 8 homes sold – average sold price of $780,846
■Shady Canyon Irvine – 2 homes sold – average sold price of $5,065,000
■Stonegate Irvine – 13 homes sold – average sold price of $704,219
■Turtle Ridge Irvine – 11 homes sold – average sold price of $1,490,727
■Turtle Rock Irvine – 10 homes sold – average sold price of $1,370,830
■University Park Irvine – 4 homes sold – average sold price of $917,250
■Westpark Irvine – 17 homes sold – average sold price of $631,135
■Woodbridge Irvine – 25 homes sold – average sold price of $637,252
■Woodbury Irvine – 17 homes sold – average sold price of $787,109
■Irvine CA all village areas – 237 homes sold during June 2014 - with average sold price of $808,452

OLYMPUS DIGITAL CAMERAIrvine CA real estate market now has a wider spread between average list price ($1,111,250) and average sold price ($808,452 during June 2014).

Irvine home selling is more balanced these days with sellers facing competition from other sellers.

Successful sellers will adjust to this market and consider carefully what buyers are looking for in the home, the neighborhood and fair market value.

By Harrison K. Long.   Source of information is CRMLS multiple listing service and ReportsOnHousing, and OCRegister.com and is for homes sold by all agents and brokers.

Professional REALTOR® agent representation and help for property owners, home sellers, private trust estate representatives, estate administrators, executors and heirs, probate and trust attorneys, estate planners, income tax professionals, public guardians, fiduciaries, investor group managers, bankers, and individuals, with listing and sale of properties at Orange County, CA.  Connect with us with your questions about home prices and values at Irvine, Newport Beach, Costa Mesa, and other Orange County CA cities and areas.

Find out here what your Irvine CA home is worth

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Home Selling Changed Trends at Orange County First Half 2014

Home Selling Changed Trends at Orange County First Half 2014

Orange County CA home selling trends changed drastically during first half of 2014 – as compared with first half of 2013.

Orange County no longer has the crushing buyer demand as presented during first part of last year 2013.

Inventory number of homes for sale has been up since middle of 2013, and over-pricing by home sellers no longer gets them good results.

Buyers have more opportunities and are now looking again to pay fair market value.

First half of 2014 brought on a seriously increased number of homes for sale inventory – which at Orange County is now 7,550 (40 percent more than last year) and still going up.

Orange County home buyer demand is determined by looking at number of number of new pending sales over the prior month. This is lower this year with current demand about 15 percent less than same time during 2013.

Expected market time – average time it would theoretically take to sell all homes now listed for sale – with an increasing inventory and less demand, is now at about 90 days in Orange County – longer time as compared with past two years.

However, average market time at about 3 months still shows a market favoring sellers.

Orange County annual home price appreciation is no longer blistering and has moderated down to 3 to 5% per year.

Home sellers still have some control where they fix up and stage their homes, carefully list price their homes close to fair market value, and be realistic on expectations.

With rise in Orange County home values the past two years, fewer homeowners are underwater, and there are fewer short sales.

It’s clear that buyers have more opportunity now at Orange County and that home sellers need to price their homes close to reality and use fair market value in order to get best results.

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By Harrison K. Long.  Source of some information is Steven Thomas and his Orange County Housing Report. We provide professional REALTOR® agent representation and help for property owners, home sellers, private trust estate representatives, estate administrators, executors and heirs, probate and trust attorneys, estate planners, income tax professionals, public guardians, fiduciaries, investor group managers, bankers, and individuals, with listing and sale of properties at Orange County, CA. Contact us with your questions about home prices and values at Irvine, Newport Beach, Costa Mesa, and other Orange County CA cities and areas.

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Bluffs Home Remodeled at Newport Beach CA – 325 Vista Suerte

Welcome to 325 Vista Suerte - "The Bluffs" at Newport BeachLive beautifully in this stunning, extensively remodeled and renovated home in the “The Bluffs” at Newport Beach!

Single family attached home with 3 bedrooms and 2 and one-half bathrooms.

Open-concept kitchen, dining and living area.

Gorgeous custom kitchen rebuilt to the studs – white maple shaker cabinets to ceiling, granite counters, designer backsplash, stainless steel appliances including five burner cooktop and Fisher & Paykel dishwasher drawers, and over-the-stove pot filler.

Soaring ceilings and distressed maple hardwood floors.

Expansive views through French sliding doors to rear patio and lush greenbelt.

Romantic master bedroom with vaulted ceiling overlooking greenbelt.

Spectacular completely renovated ensuite master bath including Carrera marble dual vanity, spacious shower with designer tile & hardware, glass surround and dramatic volume ceiling.

Master bath suite …

Impressive secondary baths rebuilt with new vanities, granite counters, custom tile and raised volume ceilings.

New elements include dual pane windows throughout …

New raised panel wood wardrobe doors, leaded glass entry doorway sidelight, fireplace hearth, crown molding, tall baseboards, light and faucet fixtures, fresh paint, garage door & more.

Location on private community greenbelt near the swimming pool area.

325 Vista Suerte – Bluffs Park Homes at Newport Beach

325 Vista Suerte is the home you have been waiting for!

Offered at $977,500 – CRMLS #OC14121035

Home and listing presented by Harrison and Christi Long, Realtors and professional real estate representatives, Coldwell Banker Residential Brokerage, Newport Beach and Orange County CA – CAL BRE 01410855 – Contact listing agents at 949-701-2515.

Coldwell Banker residential brokerage

By Harrison K. Long – We provide Professional REALTOR® agent representation and help for property owners, home sellers, private trust estate representatives, estate administrators, executors and heirs, probate and trust attorneys, estate planners, income tax professionals, public guardians, fiduciaries, investor group managers, bankers, and individuals, with listing and sale of properties at Orange County, CA. Contact us with your questions about home prices and values at Irvine, Newport Beach, Costa Mesa, and other Orange County CA cities and areas.

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Irvine CA Home Selling and Market Value Prices Update

Irvine CA Home Selling and Market Value Prices Update

Irvine CA and Orange County home selling prices are determined with focus on comparable sales and fair market value.

615 Irvine homes are listed for sale as of today – which is a 22 percent increase since two months ago.

Irvine CA home selling remains solid. However, with more homes listed for sale now – as compared with the same time last year and 60 days ago – buyers have more choices.

Irvine homes for sale are staying on the market longer on average these days as compared with same time last year.

Average home sold homes and prices at the following Irvine communities during the past sixty days – from March 14 to May 15, 2014 – can be a guide for fair market value:

  • Airport Area Irvine – 28 homes sold – average sold price of $542,763
  • El Camino Real Irvine – 21 homes sold – average sold price of $609,030
  • Northpark Irvine – 31 homes sold – average sold price of $841,852
  • Northwood Irvine – 77 homes sold – average sold price of $753,758
  • Oak Creek Irvine – 9 homes sold – average sold price of $540,110
  • Portola Springs Irvine – 26 homes sold – average sold price of $775,315
  • Quail Hill Irvine – 18 homes sold – average sold price of $674,478
  • Shady Canyon Irvine – 5 homes sold – average sold price of $5,040,000
  • Stonegate Irvine – 13 homes sold – average sold price of $844,213
  • Turtle Ridge Irvine – 14 homes sold – average sold price of $1,530,314
  • Turtle Rock Irvine – 21 homes sold – average sold price of $1,318,419
  • University Park Irvine – 15 homes sold – average sold price of $746,759
  • Westpark Irvine – 35 homes sold – average sold price of $589,750
  • Woodbridge Irvine – 56 homes sold – average sold price of $650,238
  • Woodbury Irvine – 28 homes sold – average sold price of $669,610
  • Irvine CA all village areas – 463 homes sold during the past sixty days – average sold price of $796,704

Irvine CA home selling is more balanced this year – with sellers facing competition from other sellers who are smart about value and pricing. Sellers need to look carefully at comparable sales data and determine fair market value – which is what buyers are willing to pay – with not so much focus on what sellers want to get.

Coldwell Banker residential brokerage

By Harrison K. Long. This information is from CRMLS multiple listing service and is for homes resold by all agents and brokers. We provide Professional REALTOR® agent representation and help for property owners, home sellers, private trust estate representatives, estate administrators, executors and heirs, probate and trust attorneys, estate planners, income tax professionals, public guardians, fiduciaries, investor group managers, bankers, and individuals, with listing and sale of properties at Orange County, CA. Connect with us with your questions about home prices and values at Irvine, Newport Beach, Costa Mesa, and other Orange County CA cities and areas.

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Irvine CA Homes, Pricing and Fair Market Value

Irvine CA Homes, Pricing and Fair Market Value

Irvine CA home prices are – like other areas of Orange County – determined with focus on comparable sales and fair market value.

493 Irvine homes are listed for sale as of today.

Irvine homes for sale are staying on the market longer these days on average as compared with same time last year when the market was rocket fast.

Average home sold prices at the following Irvine communities so far this year 2014 should be a guide for more information on fair market value: Continue reading

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5 Things You Should Do Now For Selling Your House This Spring

5 Things You Should Do Now For Selling Your House This Spring

If you are considering to sell your house this spring, time is now to prepare and execute!
Spring home selling season is in now in full-swing, and you must act now to take advantage of positive time for sellers.  You will later be faced with stiff competition from other sellers – as we approach April and May when the housing market gets more  new listings.  You’ll want your property to stand apart from the competition, and that will take planning and effort. 
Here are five seller strategy tips for springtime home selling: 

1.  Clean the house – exterior and interior.

Have the exterior of your house cleaned and de-cluttered, including hardscape, gutters and windows.  Get rid of your “stuff” that’s not essential and prepare for buyers to see the real value of your house. 

Get the interior and exterior of the windows cleaned, and you will like what you see.   Remove dust and debris from ceiling fans, and clean out your fireplace.   Clean our your cabinets.   Clean or touch up with interior paint on marked walls.   Paint or clean your baseboards, clean the curtains, dust your blinds, and organize your closets.

2.  Find and work with a good and experienced professional real estate agent who is a Realtor.

Having an experienced Realtor agent represent you is critically important – especially with the shift to online marketing in the industry.  Marketing plans for sale of a home require a skilled, professional strategy.  Your Realtor agent will help you with professional photography and identify and focus on features of your home that will help you maximize the way those features are showcased.  Find someone you can trust to serve as your Realtor agent, and he or she should be familiar with your neighborhood. 

3.  Inspect Interior and Exterior Systems of the house.

Check the roof of your home for possible leaks, and get those fixed.  Check your home’s heating, ventilation, air conditioning (HVAC) system by a certified or licensed professional.  Change air filters and check your air conditioner, and have that serviced if needed.  Test your security system, smoke detectors, fire alarm, and carbon monoxide detector devices, to make sure each is working properly.  Inspect your water pipes and plumbing for possible leaks.  Make sure your windows don’t have cracks or broken seals.  Re-caulk the showers/sinks.  Check the garage and attic for possible signs of insects or rodents and get that remediated.   

4.  Home Improvement Projects.

It’s now time to complete any unfinished improvement projects.  Consult with your Realtor agent on interior paint colors.  If the house has not been painted during the past five years, find a neutral color and get that painting completed.  If your carpets are new, get those cleaned.  If they are old or warn, get those replaced.  If you have any other “fix up” projects as you prepare to sell your home, work quickly and get those finished.  You’ll find a buyer for your home faster, and the process will be smooth if projects are fully completed before you list.

5.  Do your homework when pricing the house for sale.

Some  home sellers start the process with a number in mind, and you might think about the bottom price to get to at least break even with the lenders or recover some equity.  However, smart sellers will focus on what the market will pay for your house – not necessarily on what you want buyers to pay.  It’s imperative that you and your Realtor agent do extensive market research to determine true market value of your home.  Truth is that  your home is worth what the buyers and market says it’s worth – not necessarily what you want the price to be.  If you disregard what the market says, you will probably have a difficult time selling.  Do your homework and talk with your Realtor agent to carefully arrive at the listing asking price.

 

By Harrison K. Long.  This is information and advice about things you should do not for planning to sell your home this spring 2014.  

Coldwell Banker residential brokerage

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Professional REALTOR® agent representation and help for property owners, home sellers, private trust estate representatives, estate administrators, executors and heirs, probate and trust attorneys, estate planners, income tax professionals, public guardians, fiduciaries, investor group managers, bankers, and individuals, with listing and sale of properties at Orange County, CA. Connect with us at 949-854-7747 with your questions about home value and pricing at Irvine, Newport Beach, Costa Mesa, and other Orange County CA cities and areas.

What's my home worth

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Irvine CA Home Prices Up with Sales Market Moderating

Irvine CA Home Prices Up with Sales Market Moderating

Irvine CA home sales last year at this time (March 14, 2OLYMPUS DIGITAL CAMERA013) were at high prices and market lightening fast.

Irvine didn’t have enough inventory of homes for sale last year to satisfy buyer demand.  Irvine had 190 homes listed for sale on the MLS.  238 Irvine homes went into “backup” or “pending” status during the past 30 days.  So more  Irvine homes were being sold each month as compared with number listed on the market for sale.

  • 426 Irvine homes were sold during first 73 days of 2013
  • $711,278 was average sold price
  • 66 days was average market time
  • It was taking 30 days to sell all homes then listed on the market.

Irvine real estate market update

Irvine home selling market 2014 has moderated, with listing prices up, selling prices up, and longer time from listing to sale.

  • 318 Irvine homes were sold during first 73 days of this year 2014.
  • $778,756 average sold price
  • 69 days average market time
  • 477 Irvine homes are now listed for sale (which is more than double the number for sale last year during 2013).
  • Buyers have more options than they did last year.
  • Average list price at Irvine is now more than $1.2 million.

So Irvine CA Home Prices are Up with Sales Market Moderating.  Irvine has some homes pricely too high, and those will will need to be reduced before sellers get the right buyers.

Irvine homes for sale

By Harrison K. Long.  Source of some information is CRMLS and is for homes listed and sold by all brokers and agents.

Coldwell Banker residential brokerage

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Professional REALTOR® agent representation and help for property owners, home sellers, private trust estate representatives, estate administrators, executors and heirs, probate and trust attorneys, estate planners, income tax professionals, public guardians, fiduciaries, investor group managers, bankers, and individuals, with listing and sale of properties at Orange County, CA.  Connect with us at 949-854-7747 with your questions about home value and pricing at Irvine, Newport Beach, Costa Mesa, and other Orange County CA cities and areas.

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Irvine CA Home Prices are Up with Sales Market Moderating

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East Costa Mesa CA Homes for Sale and Market Update

East Costa Mesa CA Homes for Sale and Market Update

East Costa Mesa CA homes for sale are always popular with buyers.

East Costa Mesa is about a 3-square-mile area at South Orange County and borders Newport Beach on one side, Irvine Avenue on the east, Mesa Drive on the north and Newport Blvd on the west.  East Costa Mesa is located about 2 miles from Newport Harbor and 3 miles from the Pacific Ocean – an easy bike ride distance.

Eastside homeowners like the space in their yards to expand their houses, and many people already have.

42 East Costa Mesa homes are now listed for sale, and average asking price is $961,662.  6 of those are condos and townhomes, and 36 are single family detached homes.

NP13113112

$1,699,000 – Beds: 4, Baths: 4, SqFt: 3100, Status: Active
Listing ID: NP13113112

 

 

 

NP13209596

1919 SANTA ANA Avenue Costa Mesa, CA 92627

$1,475,000 – Beds: 3, Baths: 5, SqFt: 3500, Status: Active
Listing ID: NP13209596

 

 

NP13201142

$1,200,000 – Beds: 3, Baths: 3, SqFt: 2039, Status: Active
Listing ID: NP13201142
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109 East Costa Mesa homes have sold during the past five months since July 1, 2013 – with average sold price of $805,695.

Average market time it will take to theoretically sell all homes now on the market is about 2.5 months – which is fast and favors the sellers.

Source of some information is CRMLS and IDX from www.ExploreOCHomes.com and is for homes listed and sold by all brokers and agents.

Connect with us about East Costa Mesa CA homes for sale and selling process.

By Harrison K. Long – Professional real estate representative and Realtor, Coldwell Banker Residential Brokerage, Orange County, CA – Real estate broker – CAL BRE 01410855.

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