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

_____________________________________

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

CB previews logo

Professional REALTOR® agent representation and help for property owners, home sellers, 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

Professional real estate representative, real estate broker, GRI, Broker associate, HomeSmart Evergreen Realty, Orange County, California - CALBRE #01410855. Helping property owners, estate trustees, executors , administrators, fiduciaries, bankers, investor group managers, with listing and sale of properties - and people with their best decisions about real estate. Honored as "REALTOR® of the Year 2016" by the Orange County Associations of REALTORs®. Prior service on its board of directors for 2012-2014). California Association of Realtors, now serving on its board of directors. National Association of Realtors, member. Attorney member of the California State Bar Association #69137 - Contact by cell or text at 949-701-2515.
This entry was posted in Home selling, Newport Beach CA, Newport Beach home values and tagged , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , . Bookmark the permalink.

Leave a Reply