Newport Beach CA Real Estate Update – Ocean Oriented and Pricey Properties

Newport Beach CA real estate

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.

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See BALBOA PENINSULA home listings

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See LIDO ISLAND Listings

See NEWPORT HEIGHTS listings

See EASTBLUFF SFR listings

See BIG CANYON property listings

See BALBOA ISLAND listings

See HARBOR RIDGE listings

Contact us about listing and sale of Newport Beach and Orange County CA homes and real estate.

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Source of some information is CRMLS and ReportsOnHousing.com.

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 via email from Explore OC Homes

About Harrison K. Long

Businessman, Professional Realtor agent, GRI, Broker associate, Coldwell Banker Residential Brokerage - Orange County, California - CA DRE 01410855 - Helping property owners, estate trustees, executors and administrators, fiduciaries, bankers, investor group managers, with listing and sale of properties - helping people with their best decisions about homes and real estate - Member at the Orange County Association of REALTORs (serving on its board of directors for 2012); California Association of Realtors (serving on its board of directors for 2011-2102); National Association of Realtors - Also an attorney member of the California State Bar Association #69137 - Contact by telephone or text at 949-701-2515
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