Costa Mesa Housing Market Report – July 2026
Here's a look at how the Costa Mesa, CA real estate market performed in July 2026, based on actual sold data from the MLS.
Market Snapshot
- Homes Sold: 78
- Median Sale Price: $1,612,500
- Average Sale Price: $3,024,054
- Average Price Per Sq Ft: $903
- Average Days on Market: 68
- Sale-to-List Price Ratio: 97.9%
Month-Over-Month Trends
Compared to June, the median sale price in Costa Mesa moved 9.3% up (from $1,475,000 to $1,612,500). The number of homes sold was 6.0% down compared to the prior month (83 vs. 78). Average days on market shifted 4.2% down (71 days to 68 days).
Year-Over-Year Comparison
Compared to July 2025, the median sale price is 1.6% up (from $1,587,000 to $1,612,500). Sales volume is 2.6% up year-over-year.
What This Means
Costa Mesa's real estate market is showing resilience this summer, with median prices climbing 9.3 percent month-over-month to $1.6 million. While sales volume dipped slightly to 78 homes, what really matters is that homes are moving faster—average days on market fell from 71 to 68—and sellers are getting nearly 98 percent of asking price. This suggests genuine buyer interest despite the modest month-to-month sales decline. The year-over-year 1.6 percent gain in median price reflects a stabilized market that's holding value rather than surging, which is healthy after years of volatility.
The current inventory of 233 active listings tells an interesting story. With an average asking price of $1.49 million and median days on market of 66, these homes are reasonably positioned, though the gap between active listings and sold inventory suggests some selective pricing or buyers carefully shopping before committing. The single-family home dominance (56 percent of sales) indicates traditional family buyers remain the core market.
Overall, July paints a picture of a balanced market with solid fundamentals. Prices aren't exploding, but they're not retreating either. For buyers, the moderating days on market offers more negotiating room than spring typically allows, while sellers can still expect close to asking price if their property is competitively positioned.
Costa Mesa Sales by Zip Code
| Zip Code | Homes Sold | Median Price | Avg $/SqFt | Avg DOM |
|---|---|---|---|---|
| 92627 | 40 | $1,876,500 | $976 | 70 |
| 92626 | 38 | $1,480,000 | $846 | 65 |
Sales by Property Type
| Property Type | Homes Sold | Median Price | Avg $/SqFt |
|---|---|---|---|
| SINGLE_FAMILY | 44 | $1,764,500 | $1,024 |
| MULTI_FAMILY | 16 | $2,237,500 | $841 |
| CONDOS | 6 | $850,000 | $722 |
| TOWNHOMES | 5 | $825,000 | $673 |
| MOBILE | 4 | $177,500 | $196 |
| CONDO | 3 | $1,100,000 | $860 |
Sales by Price Range
| Price Range | Homes Sold |
|---|---|
| $100K - $199K | 2 |
| $200K - $299K | 2 |
| $400K - $499K | 1 |
| $500K - $749K | 2 |
| $750K+ | 71 |
Current Active Listings
As of this report, there are 233 active listings in Costa Mesa with a median asking price of $1,488,888 and an average of 66 days on market.
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