Newport Beach CA Home Selling Market Update

Newport Beach CA home selling market update – February 5, 2015.

With luxury and expensive homes near Newport Harbor, Balboa Island, the canal, the Back Bay, and beaches – Newport Beach is a most popular location for residential living and investment.

48 Newport Beach homes sold during January 2015 – with average sold price of $1,797,333 – and average time on market of 101 days for those sold homes.

42 Newport Beach homes sold during same time last year January 2014 – with average sold price of $1,621,010.

So Newport Beach average home selling numbers and prices are up so far this year 2015.

859 Newport Beach homes sold during 2014 calendar year – with average sold price of $1,801,412.

Newport Beach has 294 homes now listed for sale – with average list price of $2,566,053.

Average time on market (that time it would theoretically take to sell all homes now on the market at current pace of sale) at Newport Beach is now about 6 months.

This number of for sale listings Newport Beach is good for buyers who have excellent selection and nice opportunities.

Balboa Island homes now for sale

Lido Island homes now for sale

Newport Heights homes for sale

Newport Beach homes for sale

Bluffs at Newport Beach homes for sale

By Harrison K. Long.  Professional REALTOR® agent and broker representation – with 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. This is information from CRMLS multiple listing service and is for homes listed and sold by all brokers and agents.   Contact us at 949-854-7747 with your questions about home listing and selling prices at Newport Beach and other Orange County CA cities.

“Newport Beach CA home selling market update”

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.
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