When distressed properties are added into the mix, there is a small change in the median sales price to $530,000. However, the average price drops to $570,540.
Please let me know if I may provide any additional information.
Here is a snap shot of the last 4 months for Costa Mesa relating to prices:
Month Sale Price, Average List Price, Median
Jan $628,330 $599,000
Feb $611,250 $629,000
Mar $647,552 $684,500
Apr $697,619 $731,944
Even with distressed sales becoming a smaller portion of the segment since the 09 crisis they still exist and affect the sales figures.
If I can be of any further assistance please let me know.