Newport Beach CA Real Estate Update - Ocean Oriented and Pricey Properties
Newport Beach CA home selling is like other areas with pricey properties - market time slower for selling than other less expensive cities.
Newport Beach has average selling price of almost $1.4 million for homes - and market time is about 5.6 months to theoretically sell entire inventory of listings at the current buying pace - which is more balanced and quicker pace than last year when it was about 11.2 months.
Newport Beach now has 402 residences listed for sale - with average asking price of $2,582,000
95 Newport Beach homes were sold this year during June 2012 - with average sold price of $1,396,708 - and average market time for sold homes at 105 days.
72 Newport Beach homes sold last year during June 2011 - with average sold price of $1,380,161 - and average market time of 111 days.
See BALBOA PENINSULA home listings
See BIG CANYON property listings
Contact us about listing and sale of Newport Beach and Orange County CA homes and real estate.
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Contact us about listing and sale of Newport Beach and Orange County CA homes and real estate. ~ Professional REALTOR® agent representation and help for property owners, private trust estate representatives, estate administrators, executors and heirs, probate and trust attorneys, estate planners, income tax professionals, public guardians, fiduciaries, investor group managers, bankers, and individuals, with listing and sale of properties at Orange County, CA.
posted by Harrison K. Long @ 11:29 AM
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