Thursday, February 28, 2013

Newport Beach CA Home Selling Big Numbers to Cash Buyers

Newport Beach CA home owners sold lots of homes last year 2012 to all cash buyers.  Property sales were up and values improved.

Newport Heights homes

1,075 Newport Beach homes sold last year during 2012 - an average of almost 90 homes sold per month.

Average sold price of homes at Newport Beach last year was $1,439,382.

Cash buyers for homes

651 of the sold homes at Newport Beach during 2012 were to all cash buyers - so almost 60 percent of Newport Beach homes sales during 2012 were to cash buyers who used no purchase money loans.

It's not surprising that Newport Beach home sales were up last year - and that its home owner/sellers are getting happy again.

Newport Beach CA home selling

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Posted via email from Explore OC Homes

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