Costa Mesa Condos and Townhomes - A HOT Market Right Now

Costa Mesa Condos Are Flying Off The Market This Summer!

  In fact, 33 condos have been sold since June 1, 2012. Plus, another 38 condos have gone into escrow since that time! With there currently only being 13 condos available (according to the SoCal Multiple Listing Service), competition is stiff among buyers, which works in the favor of condo owners who are looking to sell. We have personally seen how quickly places will get offers if they are priced well. For instance, a recent listing in the Monticello Townhomes received multiple offers the first weekend on the market and was in escrow in just 6 days!!! Compare this to last June-August when the average days on the market was 112 days in this complex. As another example, a property recently listed for sale in Pentridge Cove was in escrow in 8 days and was rumored to have received multiple offers well above asking price. Compare that to last year when properties that went up for sale between June-August in Pentridge Cove were on the market an average of 69 days. Yes, the condo market is heating up! Would you like to find out what your condo could sell for? Please contact us to find out! Feel free to call or email: 714-540-7355 or info@torellirealty.com.