Costa Mesa Real Estate Market Update - December 3, 2012-December 17, 2012

 According to the MLS, the number of homes newly listed for sale in Costa Mesa during the two week period of 12/3/2012-12/17/2012 was 23 homes. Of the 23 new homes on the market in Costa Mesa, the highest priced property was listed at $989,000. The lowest priced property was listed at $280,000. According to the MLS, the number of homes that went into escrow and/or closed in Costa Mesa for the two week period of 12/3/2012-12/17/2012 was 33 homes. These homes were categorized in the MLS as ‘backup offers,’ ‘pending sale,’ or ‘closed sale.’ *** Below is a look at the number of homes identified in the MLS as being ‘short sale offer submitted,’ ’short sale/subject to lender approval,’ ‘in the foreclosure process,’ ‘notice of default,’ ‘REO/Lender-owned,’ or ‘REO Offer(s) submitted.’ These homes are currently either active listings, accepting backup offers or pending sales. Costa Mesa: 67 homes in the above categories