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Newport Beach Real Estate

March 9th, 2010

Newport Beach Real Estate Market Trends

Category: Area Events

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:

Newport Beach average home prices

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:

Newport Beach average per square foot sale price

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.

Posted by Sharon Paxson

This entry was posted on Tuesday, March 9th, 2010 at 8:28 pm and is filed under Area Events. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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