Newport Beach CA Real Estate Sales Are Up 30 Percent This Year

Live at Newport Beach

Newport Beach CA home sales have been up so far this year 2012 – as compared with last year 2011.

71 Newport Beach homes have sold with closed escrows so far this month – as of August 30, 2012 – with average sold price of $1,604,147.

How is the real estate market?101 Newport Beach homes sold last month during July 2012 – with average sold price of $1,545,268.

619 Newport Beach homes have sold so far this year – as of August 30, 2012 – with average sold price of $1,380,861 – so 77 Newport Beach homes are selling on average per month this year.

  • 277 of the sold Newport Beach homes this year have been under $1 million – 44.8 percent of selling market.
  • 235 of those sold Newport Beach homes were between $1 million and $2 million – 38 percent of selling market.
  • 66 of the sold Newport Beach homes were between $2 million and $3 million – 10.6 percent of selling market.
  • 47 of the sold Newport Beach homes were over $3 million – 7.6 percent of selling market.

474 Newport Beach homes sold during the first 8 months of last year 2011 – with average sold price of $1,343,359.

So Newport Beach has seen homes sale numbers up 30 percent this year through August 30, 2012 – as compared with the same time last year.
345 Newport Beach homes are now listed for sale – as of August 30, 2012 – with average asking price of $2,752,380.

 

Balboa Island listings

Balboa Peninsula listings

Big Canyon listings

Harbor View homes listings

Newport Beach listings

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Source of information is CRMLS and IDX links is includes property sold by all agents and brokers.

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Posted via email from Explore OC Homes

About Harrison K. Long

Real estate and business attorney. CA State Bar Association attorney member #69137. Professional real estate representative, REALTOR®, GRI, Real estate broker, CALBRE #01410855. Broker associate, HomeSmart Evergreen Realty, Irvine, CA. Providing real estate legal information and services for property owners, estate trustees, executors and administrators, fiduciaries, bankers, investor group managers, with their best decisions about homes and real estate. Orange County REALTORs® (member and prior service on its board of directors). "Realtor of the Year 2016" award by the Orange County REALTORs®. California Association of REALTORs® (now serving on its board of directors). National Association of REALTORs® member. Contact by cell or or text at 949-701-2515.
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