Tuesday, March 16, 2010

Newport Beach Housing Market Update - Sellers Market Under $700k

Newport Beach, CA, like many other areas at South Orange County, doesn't have enough homes now for sale at market price under $700k.
  • Newport Beach now has 530 homes listed for sale at all price ranges.
  • 460 of those homes are above $700k (86.7% of market)
  • 70 of those homes for sale are price under $700k (13.2% of market)
  • 16 Newport Beach homes under $700k sold during the past 30 days.
  • 38 homes under $700k are now in pending and under purchase contract.
Market time for Newport Beach homes under $700k is less than two months, so it's a seller's market in this range.

Posted via email from Explore OC Homes


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