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March 9th, 2010
Newport Beach Real Estate Market Trends
Newport Beach Real Estate Market Trends
Newport Beach
Single Family Homes
Newport Beach is a very diverse city and offers something for everyone. There are bay front homes, beach front homes, gated communities, and homes on private golf courses. There is even a private lake in Newport Beach called Cherry Lake which is for the exclusive use of the residents.
Newport Beach offers a wonderful lifestyle. Residents of Newport Beach can enjoy living on the beach, and the beach lifestyle.
The average sale price of single family homes for the past year in Newport Beach is as follows:

There has been a decline since January, 2010, however the data is based upon only a portion of the month of March, as this report is written as of March 9, 2010. There have been five homes sold in March. The highest average home price was in September, 2009 and the average sold price was $2,012,922.
The average price per square foot of sold single family homes in Newport Beach for the past year is as follows:

The range for the price per square foot average is from $433.98 and the highest amount per square foot was in the month of October at $669.30.
If you have any questions regarding market trends, please contact me.
Phone or Text: 949.280.0681
Email: Spaxson@roadrunner.com
Data obtained from the SoCal MLS, and is deemed accurate but not guaranteed.
March 9th, 2010
Toshiba Golf Classic Raises $900,000 for Hoag Hospital
Toshiba Golf Classic Raises $900,000 for Hoag Hospital

The Toshiba Golf Classic which was held at the Newport Beach Country Club raised $900,000 for Hoag Hospital according to the Daily Pilot. The Toshiba Golf Classic is the primary fund raiser for Hoag Hospital. The golf tournament which was held the week of March 1, 2010 to March 7, 2010 invites members of the tour to participate in the event. Overall, in the past 13 years, this golf tournament has raised $13 million dollars for Hoag Hospital.
This year, Fred Couples (a former Newport Beach resident) won the Toshiba Golf Classic. This was his first time playing in the event. Ronnie Black finished second, and Tom Lehman finished third overall.

The money that is raised for Hoag Hospital supports the Hoag Heart & Vascular Institute, Hoag Cancer Center, Orthopedic Services, Neuroscience, and Women’s Health Services.
This golf tournament is for golfers who are 50 years of age or older.
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