Here is how Costa Mesa housing looks compared to the rest of the nation when using the Zillow periscope.
The online housing tracker’s national databases can help add some perspective to the high price of local living.
As of November, for example, Orange County real estate by Zillow’s math — the No. 5 nationally in housing market size — has a median home value of $696,200, 13th highest in the 1,700-plus U.S. counties tracked. That’s after surging 44.7 percent in the last five years, the 212th ranked gain nationally.
Here’s how Zillow sees home values in Costa Mesa as of November compared to some 13,000-plus other U.S. cities …
Market size: No. 260 nationally, or in the top 3 percent.
Price: $757,900 — that’s No. 348 nationally or in the top 4 percent.
5-year gain: 52.2 percent — that’s No. 1,531 or in the top 13 percent.
10-year gain: 11.4 percent — that’s No. 4,017 or in the top 35 percent.
PS: All-time high value? $766,800 in June 2006.
DID YOU SEE …
Southern California population grows at fastest pace since 2014
Southern California housing takes nation’s largest bite of local paychecks
Southern California homes overvalued? Appraisers suggest yes
What bums out employees at Orange County’s top workplaces
Source: Oc Register
How do Costa Mesa home prices rank nationally?
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