EAST SIDE COSTA MESA AND DOVER SHORES REAL ESTATE MARKET UPDATE: EXTREME LOW INVENTORY AND HIGH DEMAND FOR HOME SALES

Posted by Braedon Flynn on Wednesday, April 19, 2023 at 11:02:32 AM  Comment

Selling a home can be a daunting task, especially with everything in the news talking about an imminent crash and interest rates at all-time highs. Then there's reality, where the real estate market in Newport Beach and Costa Mesa is hot and demand is high. If you're considering selling your home, now may be the perfect time.

 

In this video, I give you an East Side Costa Mesa and Dover Shores market update, explain why inventory is at extreme lows, and offer tips on how to sell your home for the best price. The East Side Costa Mesa and Dover Shores Market Update The real estate market in East Side Costa Mesa and Dover Shores has been experiencing extreme lows in inventory, coupled with strong demand from buyers. This means that there are more buyers than available properties, driving prices up and creating a seller's market. As a result, now is an excellent time to sell your home in East Side Costa Mesa or Dover Shores, Newport Beach or Corona del Mar. As an example, Dover Shores currently has only 4 active listings. Only 4 homes on the market for sale, that are not already in Escrow. For East Side Costa Mesa, there are only 7 single-family homes available that don't need a total renovation. Navigating the Home Selling Process Navigating the home selling process can be overwhelming, but with the right team by your side, you can make the process smoother. Our team is experienced in helping homeowners sell their properties in Costa Mesa and Newport Beach, and we can assist you with everything from pricing to staging and marketing your home.

 

Some Tips for Preparing Your Home for Sale

When it comes to selling your home, preparation is key. You want your home to look its best when potential buyers come to view it. Here are some tips to get your home ready for sale:

Declutter: Remove all unnecessary items and put them in storage.

Clean: Clean your home from top to bottom, including windows, carpets, and walls (we can get teams to do this for you).

Repair: Make any necessary repairs to your home, such as fixing leaky faucets or repairing cracks in the walls.

Stage: Consider staging your home to showcase its best features.

 

Pricing Your Home

Pricing your home appropriately is crucial to driving activity and prices. You want to price your home competitively to attract potential buyers, but you also want to make sure you get the best price possible. Our team can help you determine the right price for your home based on market trends and the features of your property. In conclusion, if you're considering selling your home in East Side Costa Mesa or Dover Shores, now is an excellent time to do so. With low inventory and high demand, you could get a great price for your property. Our team can help you navigate the process, get your home ready to sell, and price it appropriately to drive activity and prices.

Please reach out for any real estate questions or needs. You can contact me at braedon@braedonrealestate.com

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