Capital Management Realty, Inc. · Local Market Update · 2026-09-12
Coastal California living meets urban energy in thriving Costa Mesa.
Median Value
$1.25M – $1.45M
High demand for modernized bungalows and proximity to South Coast Plaza continues to buoy price points above historical averages.
Days to Pending
18 – 25 Days
Turn-key properties in family-oriented micro-neighborhoods are consistently moving in under three weeks due to limited supply.
Market Inventory
42 – 55 Active Listings
The current inventory remains tight as homeowners with low-rate mortgages remain reluctant to list, keeping competition steady.
Costa Mesa remains a resilient powerhouse as local buyers pivot toward the city's arts-centric lifestyle despite stabilized interest rates. Demand for inventory persists across the Mesa Verde and Eastside corridors, signaling confidence in long-term appreciation for this OC gem.
The market is currently a competitive seller's environment with low turnover in premium pockets. While the urgency is not as frantic as in previous cycles, the consistent buyer pool for well-maintained homes keeps values firm.
Buyers should be prepared for multiple offer situations on renovated homes in the Eastside. Prioritize getting your financing pre-approved and be ready to move quickly on well-priced listings that offer modern upgrades.
Sellers should emphasize the proximity to local dining and cultural hubs to attract young professionals and families. Strategic pricing based on recent closed comps in your immediate neighborhood is vital to driving urgency.
The core velocity of the local market is concentrated in the $1.1M – $1.5M range — where demand is most active and well-priced properties move quickly.
Eastside Bungalows
Mesa Verde Estates
Modern Townhomes
Westside Revitalized Cottages
Client Success Stories
"Kris Garrido sold my house quickly and got us multiple offers above asking price the same week it was put on the market."
Charmel Smith
Sold above asking, multiple offers
Home Sale
"Greg, Kris, Kianji, Erica and the team made our dream come true as homeowners. One-stop shop for agent, loan, and insurance."
Amy La
Made dreams come true
Home Purchase
"Kris coordinated perfectly so escrow closed at the same time for both houses. There was no stress involved—the transaction went over smoothly."
Rodrigo Cardiel
Seamless multi-state coordination
Dual Transaction
"CMR took care of everything for us. We didn't have to do anything other than show up to view the home. They have been such a blessing to our family."
Jennifer Saldana
First-time buyers made easy
First-Time Purchase
"Kris and his team are special. He was patient and supportive throughout the entire process, especially during challenging negotiations."
Rami Elkinawy
Felt like working with a friend
Home Purchase
"Mary Tran is truly a dream realtor. She found us our dream home and handled everything — communications, inspections, negotiations."
Emily
Dream home found
Full Service
500+
Families Served
$150M+
In Transactions
4.9/5
Client Rating
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