College Park Real Estate Update: Market Trends So Far in 2025 - SCROLL DOWN TO SEE RECENT REAL ESTATE ACTIVITY
As we move through the first part of 2025, the real estate market in the College Park neighborhood of Costa Mesa is showing some surprising trends. Whether you’re considering buying or selling, these stats give us valuable insight into the current state of the neighborhood's housing market.
College Park Real Estate Activity (2025 So Far)
- 12 homes have been on the market
- 3 homes sold
- Median days on market: 15 days
- Median sale price: $1,449,000
- Median price per square foot: $999
What This Means for Sellers
For homeowners thinking about selling in College Park, the market remains highly active. Of these 12 homes, only 4 remain. However, we are entering the time of year where more homes to come on the market so waiting until there are more options could extend your market time and increase your competition.
What This Means for Buyers
For buyers, the current market suggests that while inventory is available, competition is still present. The median price of $1,449,000 and median price per square foot of $999 reflect College Park’s continued demand, particularly for move-in-ready homes. If you're looking to buy, being prepared with financing and ready to act fast on well-priced properties will be crucial in securing a home in this sought-after neighborhood.
Overall Market Outlook
The fact that homes are receiving offers and going under contract quickly proves that the market is in high demand. Of the 3 homes that have officially sold in 2025 to date, 2 sold for below the asking price and one sold for significantly over the asking price. This shows that there are still opportunities for buyers to get a price break, especially if the price of the home is too high. However, when a home is priced to sell and in a lower price point, the demand from buyers is strong. Pricing trends indicate that College Park remains a desirable neighborhood in Costa Mesa, offering a strong mix of value and location.
Are you considering buying or selling in College Park? Let’s chat about your real estate goals and how we can navigate this popular market together!
