Newport Beach CA Home Prices and Selling Market Update

Newport Beach CA Home Prices and Selling Market Update

Newport Beach CA home prices and selling market update shows continued moderation of home sales and price increases.

Newport continues to be one of the most sought-after cities for home buying and Orange County CA residential living and investment.

66 Newport Beach homes sold last month during November 2013 this year – with average sold price of $1,863,110 – and average time on market was 109 days.

69 Newport Beach homes sold during October 2013 this year – with average sold price at $1,729,482 – and average time on market was 84 days.

89 Newport Beach homes sold last year during November 2012 – with average sold price of $1,399,273 – and average time on market was 103 days.

So Newport Beach home selling numbers were down this year for November 2013 – while sold prices were up.

Newport Beach home selling covers a wide range of property and price.  The most expensive Newport Beach home sold during November this year was a Peninsula Point home at 1509 E. Bay – with sold price of $9,900,000.  The most affordable Newport Beach home during November this year was a condo at 4 Nomad – with sold price of $232,500.

Newport Beach has 275 homes now listed for sale – with excellent opportunities and choices for buyers and continuing with high selling prices for the sellers.

 

Balboa Island listings

 

Balboa Peninsula listings

 

 

Big Canyon listings

 

Corona del Mar listings

 

Eastbluff listings

 

Harbor View Homes listings

 

Lido Island listings

 

Newport Heights listings

 

By Harrison K. Long – Professional real estate representative and Realtor, Coldwell Banker Residential Brokerage, Newport Beach and Orange County, CA – CAL BRE 01410855.  Source of some information is CRMLS and is for homes listed and sold by all brokers and agents.

Coldwell Banker residential brokerage

Coldwell Banker previews

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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