Newport Beach Real Estate Cafe

Newport Beach Real Estate Market Report | January, 2012

Sharon Paxson — Sat, 04 Feb 2012 04:37:50 +0000

This has been an incredible January with home sales improving in the Newport Beach real estate market. Homes are definitely selling, and we are seeing multiple offers on homes. Buyers are showing confidence with this recent surge of activity. This is fantastic for our Newport Beach home sellers.

In January, 2012, there were a total of 82 homes which went into back up status, 30 changed to pending, and there were 50 sales.

Of the Newport Beach homes referenced above, 39 were distressed (indicating either a short sale, foreclosure, or NOD), 18 were pending, and 15 closed escrow. With respect to the January, 2012 sales in Newport Beach, 30% of the closed listings in Newport Beach were distressed sales.

If I can answer any questions about the market in Newport Beach, please contact me.

Search the MLS for Newport Beach homes for sale.

Newport Beach Home Search

Showing properties 1 - 50 of 474. See more Newport Beach Homes for Sale.
(all data current as of 2/4/2012)

$299,000 : 21 Channel Rd, Newport Beach

2 beds, 2 full, 1 part baths

Home size: 1,385 sq ft

Year built: 2000

Parking spots: 2

Days on market: 1
$749,000 : 538 Vista Grande, Newport Beach

3 beds, 3 full, 1 part baths

Home size: 2,202 sq ft

Lot size: 1,991 sq ft

Year built: 1970

Parking spots: 4

Days on market: 1
$2,895,000 : 65 Belcourt Dr, Newport Beach

5 beds, 5 full baths

Home size: 5,248 sq ft

Lot size: 9,350 sq ft

Year built: 1981

Parking spots: 6

Days on market: 1
$1,229,000 : 1542 Vivian Ln, Newport Beach

4 beds, 3 full baths

Home size: 1,875 sq ft

Lot size: 7,546 sq ft

Year built: 1956

Parking spots: 4

Days on market: 2
$955,000 : 3030 Corte Hermosa, Newport Beach

4 beds, 3 full baths

Home size: 2,378 sq ft

Lot size: 2,483 sq ft

Year built: 1988

Parking spots: 6

Days on market: 3
$4,500,000 : 1134 E Balboa Blvd, Newport Beach

4 beds, 2 full, 2 part baths

Home size: 2,617 sq ft

Lot size: 5,070 sq ft

Year built: 1957

Parking spots: 4

Days on market: 3
$789,000 : 2623 Raqueta, Newport Beach

4 beds, 2 full baths

Home size: 2,458 sq ft

Lot size: 3,770 sq ft

Year built: 1972

Parking spots: 4

Days on market: 3
$2,365,000 : 1718 Port Westbourne Pl, Newport Beach

5 beds, 5 full, 1 part baths

Home size: 3,800 sq ft

Lot size: 6,305 sq ft

Year built: 2003

Parking spots: 4

Days on market: 3
$1,495,000 : 113 Via Yella, Newport Beach

4 beds, 2 full baths

Home size: 1,866 sq ft

Lot size: 2,640 sq ft

Year built: 1952

Parking spots: 4

Days on market: 3
$1,425,000 : 220 Amethyst, Newport Beach

2 beds, 1 full, 2 part baths

Home size: 1,300 sq ft

Lot size: 2,550 sq ft

Year built: 1960

Parking spots: 6

Days on market: 3
$1,695,000 : 228 Via Mentone, Newport Beach

2 beds, 3 full, 1 part baths

Home size: 2,356 sq ft

Lot size: 2,917 sq ft

Year built: 1952

Parking spots: 4

Days on market: 3
$599,000 : 2728 Vista Del Oro, Newport Beach

3 beds, 3 full baths

Home size: 1,462 sq ft

Lot size: 2,109 sq ft

Year built: 1970

Parking spots: 4

Days on market: 3
$494,900 : 408 Harbor Woods Pl 408, Newport Beach

2 beds, 1 full, 2 part baths

Home size: 1,350 sq ft

Year built: 1984

Parking spots: 4

Days on market: 4
$520,000 : 200 Paris Ln 106, Newport Beach

2 beds, 2 full baths

Home size: 1,110 sq ft

Lot size: 1 sq ft

Year built: 1989

Parking spots: 4

Days on market: 4
$1,275,000 : 1901 Santiago DR, Newport Beach

4 beds, 3 full baths

Home size: 3,049 sq ft

Lot size: 8,800 sq ft

Year built: 1972

Parking spots: 6

Days on market: 4
$948,000 : 427 Onda, Newport Beach

3 beds, 2 full baths

Home size: 1,862 sq ft

Lot size: 4,882 sq ft

Year built: 1970

Parking spots: 2

Days on market: 4
$2,375,000 : 3607 Finley Ave, Newport Beach

5 beds, 2 full, 2 part baths

Home size: 2,451 sq ft

Lot size: 2,572 sq ft

Year built: 1964

Parking spots: 4

Days on market: 5
$2,100,000 : 12 Windsor, Newport Beach

5 beds, 4 full, 1 part baths

Home size: 4,353 sq ft

Lot size: 6,900 sq ft

Year built: 1987

Parking spots: 8

Days on market: 5
$1,299,999 : 122 40th St, Newport Beach

3 beds, 2 full, 1 part baths

Home size: 1,400 sq ft

Year built: 2001

Parking spots: 3

Days on market: 5
$935,000 : 9 Rue Chateau Royal, Newport Beach

2 beds, 1 full, 1 part baths

Home size: 1,800 sq ft

Lot size: 3,990 sq ft

Year built: 1973

Parking spots: 6

Days on market: 5
$2,300,000 : 2581 Circle DR, Newport Beach

3 beds, 2 full, 2 part baths

Home size: 3,300 sq ft

Lot size: 4,000 sq ft

Year built: 1985

Parking spots: 4

Days on market: 5
$945,000 : 438 Vista Grande, Newport Beach

3 beds, 2 full, 1 part baths

Home size: 1,881 sq ft

Lot size: 1,459 sq ft

Year built: 1968

Parking spots: 4

Days on market: 5
$450,000 : 3121 W.Coast Highway 7D, Newport Beach

2 beds, 1 full, 1 part baths

Home size: 1,300 sq ft

Lot size: 21,846 sq ft

Year built: 1970

Parking spots: 88

Days on market: 5
$1,799,000 : 1836 Port Manleigh Pl, Newport Beach

3 beds, 2 full baths

Home size: 1,718 sq ft

Lot size: 8,190 sq ft

Year built: 1970

Parking spots: 4

Days on market: 5
$1,245,000 : 516 Bolsa Ave, Newport Beach

5 beds, 3 full, 1 part baths

Home size: 3,286 sq ft

Year built: 2007

Parking spots: 4

Days on market: 5
$1,675,000 : 1106 Pescador Dr, Newport Beach

4 beds, 2 full, 2 part baths

Home size: 3,334 sq ft

Lot size: 11,316 sq ft

Year built: 1965

Parking spots: 4

Days on market: 6
$595,000 : 210 Lille Lane #301, Newport Beach

2 beds, 2 full baths

Home size: 914 sq ft

Lot size: 1,300 sq ft

Year built: 1988

Parking spots: 4

Days on market: 7
$1,895,000 : 6707 Seashore Dr, Newport Beach

3 beds, 3 full, 1 part baths

Year built: 2009

Parking spots: 6

Days on market: 8
$2,349,000 : 1400 East Balboa Blvd, Newport Beach

4 beds, 3 full baths

Home size: 2,815 sq ft

Lot size: 4,380 sq ft

Year built: 2002

Parking spots: 3

Days on market: 8
$304,900 : 10 Northwind Ct 5, Newport Beach

2 beds, 2 full baths

Home size: 954 sq ft

Year built: 1974

Parking spots: 3

Days on market: 8
$879,000 : 525 Avenida Campo, Newport Beach

3 beds, 2 full, 1 part baths

Home size: 1,836 sq ft

Lot size: 1,500 sq ft

Year built: 1965

Parking spots: 4

Days on market: 8
$549,000 : 2220 Vista Dorado, Newport Beach

3 beds, 1 full, 2 part baths

Home size: 1,881 sq ft

Lot size: 1,457 sq ft

Year built: 1967

Parking spots: 2

Days on market: 8
$375,000 : 880 Halyard #10, Newport Beach

2 beds, 2 full, 1 part baths

Home size: 1,362 sq ft

Year built: 1980

Parking spots: 2

Days on market: 9
$1,495,000 : 15 Cape Danbury, Newport Beach

4 beds, 3 full, 1 part baths

Home size: 3,880 sq ft

Lot size: 8,929 sq ft

Year built: 1997

Parking spots: 8

Days on market: 9
$2,099,000 : 30 Balboa Cvs, Newport Beach

3 beds, 1 full, 1 part baths

Home size: 2,265 sq ft

Lot size: 6,345 sq ft

Year built: 1954

Parking spots: 4

Days on market: 9
$425,000 : 240 NICE LANE #105, Newport Beach

2 beds, 1 full bath

Home size: 1,136 sq ft

Lot size: 1,136 sq ft

Year built: 1979

Parking spots: 4

Days on market: 9
$1,200,000 : 1601 Ruth Ln, Newport Beach

5 beds, 3 full, 1 part baths

Home size: 2,730 sq ft

Lot size: 10,010 sq ft

Year built: 1958

Parking spots: 5

Days on market: 10
$1,649,000 : 1836 Port Sheffield Pl, Newport Beach

3 beds, 2 full baths

Home size: 1,921 sq ft

Lot size: 8,330 sq ft

Year built: 1973

Parking spots: 4

Days on market: 10
$408,800 : 64 Sea Island Dr, Newport Beach

2 beds, 2 full baths

Home size: 1,264 sq ft

Year built: 1977

Parking spots: 2

Days on market: 11
$425,000 : 32 Corsica Dr, Newport Beach

2 beds, 2 full, 1 part baths

Home size: 1,078 sq ft

Year built: 1986

Parking spots: 4

Days on market: 11
$1,045,000 : 322 Lindo Ave, Newport Beach

2 beds, 1 part bath

Lot size: 2,100 sq ft

Year built: 1935

Parking spots: 2

Days on market: 12
$435,000 : 2317 Eastbluff Dr, Newport Beach

3 beds, 2 full baths

Home size: 1,344 sq ft

Lot size: 957 sq ft

Year built: 1968

Parking spots: 4

Days on market: 12
$725,000 : 2703 Hilltop Dr 48, Newport Beach

2 beds, 2 full baths

Home size: 1,471 sq ft

Year built: 1977

Parking spots: 4

Days on market: 12
$4,500,000 : 401 Snug Harbor Rd, Newport Beach

5 beds, 5 full, 2 part baths

Home size: 6,800 sq ft

Lot size: 7,150 sq ft

Year built: 2011

Parking spots: 8

Days on market: 12
$850,000 : 415 Vista Flora, Newport Beach

3 beds, 1 full, 2 part baths

Home size: 2,202 sq ft

Lot size: 1,962 sq ft

Year built: 1964

Parking spots: 4

Days on market: 13
$2,650,000 : 325 Diamond Ave, Newport Beach

5 beds, 1 full, 2 part baths

Home size: 1,973 sq ft

Lot size: 3,995 sq ft

Year built: 1954

Parking spots: 4

Days on market: 13
$2,095,000 : 1730 Port Abbey Place, Newport Beach

4 beds, 4 full baths

Home size: 3,585 sq ft

Lot size: 6,760 sq ft

Year built: 2007

Parking spots: 6

Days on market: 13
$699,000 : 270 Cagney Ln 306, Newport Beach

2 beds, 1 full, 1 part baths

Home size: 1,181 sq ft

Year built: 1985

Parking spots: 3

Days on market: 14
$1,888,000 : 128 39th St, Newport Beach

5 beds, 3 full baths

Home size: 2,300 sq ft

Lot size: 2,375 sq ft

Year built: 1930

Parking spots: 5

Days on market: 15
$399,000 : 1002 Buckingham Ln 14, Newport Beach

2 beds, 2 full baths

Home size: 1,440 sq ft

Year built: 1965

Parking spots: 4

Days on market: 15

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Newport Beach Short Sale Market Update | December, 2011

Sharon Paxson — Tue, 31 Jan 2012 16:46:54 +0000

The Newport Beach real estate market has both foreclosures, and short sales for sale . The definition of a short sale is when a bank or lien holder lender agrees to accept a discounted payoff on a loan balance as a result of either economic or a financial hardship on the part of the mortgagor.

There are more short sales for sale in the Newport Beach area than foreclosures. In November, there is one active REO listing in Newport Beach. That is down from November, when there five listings. The short sale market in the Newport Beach area has many consideration. There are both back up and pending status, and some of these short sales may not get approved by the lenders. If that is the case, then the property may go back to the bank.

The bank also wants fair market value for the property and will go great lengths in order to obtain information. A bank may request more than one BPO (broker price opinion) and obtain independent appraisals.

In Newport Beach, there are currently 47 active listings, 33 in back up, 14 pending, and there have been two sales during the month of the December, 2011.

Listings are up +2 since November, 2011
Back Up is up +5 since November, 2011
Pending sales are up +10 since November, 2011
Sales are down -2 since November, 2011

The absorption rate is for one month is generally not a trend, as it shows a fairly high absorption rate.

In general, the inventory of short sales is up from prior month, and for the year there were 124 short sales sold in comparison to 2010 when 100. In my opinion, the absorption rate will remain a stable to a buyer’s market. Buyers in general perceive short sales as the best “deals” out there. However, as I stated above, banks want fair market value for the property.

If I can answer any questions about short sales in Newport Beach, please contact me.

Search the MLS for homes for sale in Newport Beach that are short sales, and short sales in Newport Beach.

Showing properties 1 - 50 of 77. See more Newport Beach Short Sales.
(all data current as of 2/4/2012)

$1,275,000 : 1901 Santiago DR, Newport Beach

4 beds, 3 full baths

Home size: 3,049 sq ft

Lot size: 8,800 sq ft
$375,000 : 880 Halyard #10, Newport Beach

2 beds, 2 full, 1 part baths

Home size: 1,362 sq ft
$408,800 : 64 Sea Island Dr, Newport Beach

2 beds, 2 full baths

Home size: 1,264 sq ft
$425,000 : 32 Corsica Dr, Newport Beach

2 beds, 2 full, 1 part baths

Home size: 1,078 sq ft
$435,000 : 2317 Eastbluff Dr, Newport Beach

3 beds, 2 full baths

Home size: 1,344 sq ft

Lot size: 957 sq ft
$850,000 : 415 Vista Flora, Newport Beach

3 beds, 1 full, 2 part baths

Home size: 2,202 sq ft

Lot size: 1,962 sq ft
$399,000 : 1002 Buckingham Ln 14, Newport Beach

2 beds, 2 full baths

Home size: 1,440 sq ft
$624,900 : 501 Vista Grande, Newport Beach

3 beds, 2 full baths

Home size: 1,696 sq ft

Lot size: 2,305 sq ft
$1,299,000 : 2222 Holiday Rd, Newport Beach

7 beds, 4 full, 1 part baths

Home size: 4,600 sq ft

Lot size: 9,000 sq ft
$2,995,000 : 103 Linda Isle, Newport Beach

3 beds, 2 full, 1 part baths
$400,000 : 230 Lille Ln 309, Newport Beach

1 bed, 1 full bath

Home size: 914 sq ft
$499,000 : 15 Tribute Ct 299, Newport Beach

4 beds, 2 full, 1 part baths

Home size: 1,776 sq ft
$315,000 : 36 Corsica DR, Newport Beach

2 beds, 1 full, 1 part baths

Home size: 1,020 sq ft
$1,314,477 : 23 Balboa Coves, Newport Beach

2 beds, 2 full baths

Home size: 2,500 sq ft

Lot size: 3,468 sq ft
$1,150,000 : 1425 Sea Ridge Dr, Newport Beach

3 beds, 2 full, 1 part baths

Home size: 2,460 sq ft

Lot size: 4,481 sq ft
$1,195,000 : 1315 Nottingham RD, Newport Beach

4 beds, 2 full, 1 part baths

Home size: 2,600 sq ft

Lot size: 7,260 sq ft
$475,000 : 8 Sea Island Dr, Newport Beach

3 beds, 2 full, 1 part baths

Home size: 1,819 sq ft
$975,000 : 306 N Coronado St, Newport Beach

4 beds, 1 full bath

Home size: 1,834 sq ft

Lot size: 1,150 sq ft
$275,000 : 17 Summerwalk Ct 41, Newport Beach

3 beds, 1 full, 2 part baths

Home size: 1,157 sq ft
$785,000 : 214 Colton St, Newport Beach

3 beds, 2 full baths

Home size: 1,572 sq ft

Lot size: 2,400 sq ft
$910,000 : 1206 Nottingham Rd, Newport Beach

3 beds, 2 full baths

Home size: 2,552 sq ft

Lot size: 8,582 sq ft
$1,100,000 : 2631 Crestview Dr, Newport Beach

2 beds, 2 full baths

Home size: 1,500 sq ft

Lot size: 4,800 sq ft
$375,000 : 21 Seascape Dr, Newport Beach

2 beds, 2 full, 1 part baths

Home size: 1,016 sq ft
$1,330,000 : 1866 Port Taggart Pl, Newport Beach

5 beds, 3 full baths

Home size: 2,325 sq ft

Lot size: 6,460 sq ft
$949,000 : 1107 Oxford Ln, Newport Beach

3 beds, 2 full baths

Home size: 1,969 sq ft

Lot size: 9,900 sq ft
$219,000 : 700 Lido Park Dr 26, Newport Beach

3 beds, 2 full baths

Home size: 1,286 sq ft
$189,000 : 700 Lido Park Dr 34, Newport Beach

3 beds, 2 full baths

Home size: 1,286 sq ft
$194,900 : 700 Lido Park Drive #15, Newport Beach

3 beds, 1 full, 1 part baths

Home size: 1,162 sq ft
$1,749,000 : 518 Santa Ana Ave, Newport Beach

5 beds, 5 full, 1 part baths

Home size: 5,087 sq ft

Lot size: 5,875 sq ft
$434,500 : 2217 Vista Huerta, Newport Beach

3 beds, 1 full, 1 part baths

Home size: 1,320 sq ft

Lot size: 1,290 sq ft
$1,549,000 : 40 Rockingham Dr, Newport Beach

5 beds, 4 full, 1 part baths

Home size: 4,522 sq ft

Lot size: 8,400 sq ft
$1,165,000 : 2661 Basswood ST, Newport Beach

5 beds, 3 full baths

Home size: 2,263 sq ft

Lot size: 9,120 sq ft
$1,399,000 : 87 Old Course Dr, Newport Beach

3 beds, 3 full, 1 part baths

Home size: 2,700 sq ft

Lot size: 3,915 sq ft
$729,000 : 2658 Vista Ornada, Newport Beach

4 beds, 1 full, 2 part baths

Home size: 2,096 sq ft

Lot size: 2,592 sq ft
$299,000 : 8 Surfside Court #26, Newport Beach

3 beds, 2 full, 1 part baths

Home size: 1,346 sq ft

Lot size: 1,346 sq ft
$329,000 : 102 Corsica Dr, Newport Beach

2 beds, 1 full, 1 part baths

Home size: 975 sq ft
$1,890,000 : 11 Crooked Stick Dr, Newport Beach

4 beds, 3 full, 1 part baths

Home size: 3,400 sq ft

Lot size: 7,200 sq ft
$470,000 : 28 Canyon Island Dr., Newport Beach

2 beds, 2 full, 1 part baths

Home size: 1,527 sq ft
$815,000 : 3303 Clay Street #2, Newport Beach

3 beds, 2 full baths

Home size: 2,500 sq ft
$450,000 : 81 SEA ISLAND Dr, Newport Beach

2 beds, 1 full, 1 part baths

Home size: 1,264 sq ft
$575,000 : 33 Shearwater Pl, Newport Beach

2 beds, 2 full baths

Home size: 1,223 sq ft

Lot size: 3,656 sq ft
$489,000 : 280 Cagney Ln 114, Newport Beach

2 beds, 1 full, 1 part baths

Home size: 1,300 sq ft
$925,000 : 1702 Park Ave, Newport Beach

2 beds, 1 full bath

Home size: 697 sq ft

Lot size: 1,802 sq ft
$1,465,000 : 1412 Nottingham Rd, Newport Beach

5 beds, 3 full baths

Home size: 2,900 sq ft

Lot size: 10,010 sq ft
$539,000 : 11 Kialoa Ct, Newport Beach

4 beds, 3 full baths

Home size: 1,984 sq ft
$304,900 : 12 VILLA POINT DR, Newport Beach

1 bed, 1 full bath

Home size: 792 sq ft
$490,500 : 270 Cagney Ln 304, Newport Beach

2 beds, 2 full baths

Home size: 1,314 sq ft
$775,000 : 2227 Donnie Rd, Newport Beach

3 beds, 2 full baths

Lot size: 9,450 sq ft
$465,000 : 384 Seawind Dr, Newport Beach

3 beds, 2 full, 1 part baths

Home size: 1,372 sq ft

Lot size: 43,560 sq ft
$1,099,000 : 4816 River Ave, Newport Beach

3 beds, 2 full baths

Lot size: 4,520 sq ft

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Newport Beach Bank Owned Property | Market Update, December, 2011

Sharon Paxson — Mon, 30 Jan 2012 16:13:15 +0000

Newport Beach REO home buyers usually face the challenge of competing with multiple offers on the properties. Also, Newport Beach REO home buyers are competing with cash buyers as well.

Newport Beach currently has an inventory of REO or bank owned homes. Currently, there is one active listings, four in back up, four pending, and there have been six sales Newport Beach bank owned sales in December, 2011.

Listings are down -4 since November, 2011
Back Up is the same since November, 2011
Pending is the same since November, 2011
Solds are up +2 since November, 2011

There has been a total of 55 REO sales in Newport Beach in 2011, compared to 61 REO sales in 2010.

There is a low absorption rate of the REO property as you can see on the graph. These properties move quickly as buyer’s perceive them as the best deal. Keep in mind when buying an REO property – they are purchased “as is”. Also, remember that the bank will want fair market value and go to great lengths to obtain that value, including obtaining several BPO (broker price opinions) and appraisals.

In my opinion, the absorption rate will remain low, as the inventory of the REO properties is so low.

Search the MLS for Newport Beach REO property, and Newport Beach homes for sale.

Showing properties 1 - 4 of 4. See more Newport Beach REO Property for Sale.
(all data current as of 2/4/2012)

$599,000 : 2728 Vista Del Oro, Newport Beach

3 beds, 3 full baths

Home size: 1,462 sq ft

Lot size: 2,109 sq ft

Year built: 1970

Parking spots: 4

Days on market: 3
$520,000 : 200 Paris Ln 106, Newport Beach

2 beds, 2 full baths

Home size: 1,110 sq ft

Lot size: 1 sq ft

Year built: 1989

Parking spots: 4

Days on market: 4
$1,300,000 : 2009 Miramar Dr, Newport Beach

3 beds, 2 full baths

Home size: 1,527 sq ft

Lot size: 2,100 sq ft

Year built: 1948

Parking spots: 2

Days on market: 23
$449,900 : 408 Vista Suerte, Newport Beach

2 beds, 1 full, 2 part baths

Home size: 1,464 sq ft

Lot size: 2,107 sq ft

Year built: 1970

Parking spots: 4

Days on market: 59

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Just Leased! Condo in Trovare in Newport Coast, CA

Sharon Paxson — Sun, 29 Jan 2012 18:00:38 +0000

Newport Coast Condo for Lease | Condo for Lease in Trovare in Newport Coast

This beautiful two bedroom, two bathroom condo in Newport Coast has just been leased. Located in Trovare in Newport Coast. This Newport Coast condo has beautiful cherry hardwood floors, kitchen features granite counters and stainless appliances, and the bathrooms have been upgraded with marble flooring.

Enjoy the lifestyle in this stunning Newport Coast condo at 6 Teramo Court. Trovare is a highly sought after gated community in Newport Coast and features a beautiful pool area with a fireplace, tennis courts, basketball courts and access to the Newport Coast pool.

Additionally, this beautiful Newport Coast condo in Trovare has city lights views which is gorgeous.

Search the MLS for condos for sale in Trovare in Newport Coast.

Showing properties 1 - 1 of 1. See more Trovare Condos for Sale in Newport Coast.
(all data current as of 2/4/2012)

$575,000 : 1 Padua Ct, Newport Coast

2 beds, 2 full baths

Home size: 1,172 sq ft

Year built: 1995

Parking spots: 4

Days on market: 4

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Just Sold! 2620 Point del Mar, Corona del Mar, CA 92625

Sharon Paxson — Sun, 29 Jan 2012 04:50:18 +0000

This beautiful single family home located at 2620 Point del Mar in Corona del Mar has just been sold for $1,140,000. This home is located in the Village of Corona del Mar and is walking distance to shops and dining.

This beautiful Corona del Mar home features three bedrooms, two and a half bathrooms and a two car garage. This beautiful Corona del Mar home features granite counters and stainless appliances.

Corona del Mar is a highly sought after community, and many residents enjoy living in the Village so they can walk to dining and shopping.

If I can answer any questions about Corona del Mar, or the homes for sale in Corona del Mar, please contact me.

Search the MlS for Corona del Mar homes for sale, and Corona del Mar real estate.

Lido Island Market Report | Newport Beach Homes for Sale

Sharon Paxson — Sat, 28 Jan 2012 03:31:55 +0000

Lido Island Homes for Sale in Newport Beach | Market Report December 2011

Lido Island in Newport Beach is a beautiful community of homes in Newport Beach which is actually an island. There is a bridge going to Lido Island, or Lido Isle as it is also referred to as. Lido Island has bay front homes and many of these homes have slips available for their yachts.

Lido Island has community tennis courts for the exclusive use of the Lido Island residents, and also has the Lido Island Yacht Club, and there is sailing for the children during the summer months.

Currently, there are 21 active listings on Lido Island in Newport Beach, three in back up (one is a short sale), and there were two sales during the month of December. The only distressed property listed on Lido Island in Newport Beach is the short sale which is in back up status.

Listings are down -3 from November, 2011
Back up is up +2 from November, 2011
Solds are are down -1 from November, 2011

There were 29 sales during 2011 in Lido Island in Newport Beach. Of all the sales in 2011, only two were distressed sales, and one was a short sale and the other was an REO or bank owned property.

There is an approximate absorption rate of 7 months which indicates a stable market. The listings have declined in the past month which may be a result of the end of the holiday season also. In my opinion, the market will trend towards a sellers market with a declining inventory.

Search the MLS for Newport Beach homes for sale on Lido Island, and Lido Island Homes for sale in Newport Beach.

Showing properties 1 - 25 of 25. See more Lido Island Homes for Sale.
(all data current as of 2/4/2012)

$1,495,000 : 113 Via Yella, Newport Beach

4 beds, 2 full baths

Home size: 1,866 sq ft

Lot size: 2,640 sq ft

Year built: 1952

Parking spots: 4

Days on market: 3
$1,695,000 : 228 Via Mentone, Newport Beach

2 beds, 3 full, 1 part baths

Home size: 2,356 sq ft

Lot size: 2,917 sq ft

Year built: 1952

Parking spots: 4

Days on market: 3
$2,495,000 : 111 Via Yella, Newport Beach

3 beds, 3 full, 1 part baths

Lot size: 2,640 sq ft

Year built: 2008

Parking spots: 4

Days on market: 17
$1,299,000 : 105 Via Ravenna, Newport Beach

4 beds, 3 full baths

Home size: 2,094 sq ft

Lot size: 2,640 sq ft

Year built: 1952

Parking spots: 4

Days on market: 24
$2,875,000 : 131 Via Undine, Newport Beach

4 beds, 3 full baths

Home size: 2,581 sq ft

Lot size: 4,576 sq ft

Year built: 1951

Parking spots: 4

Days on market: 26
$1,395,000 : 215 Via Dijon, Newport Beach

3 beds, 1 full, 1 part baths

Home size: 1,135 sq ft

Lot size: 2,640 sq ft

Year built: 1946

Parking spots: 4

Days on market: 29
$1,499,000 : 111 Via Quito, Newport Beach

3 beds, 3 full, 1 part baths

Home size: 1,811 sq ft

Lot size: 2,640 sq ft

Year built: 1958

Parking spots: 4

Days on market: 39
$1,695,000 : 135 Via Yella, Newport Beach

3 beds, 2 full, 1 part baths

Home size: 2,240 sq ft

Lot size: 4,620 sq ft

Year built: 1962

Parking spots: 6

Days on market: 73
$4,595,000 : 220 Via Lido Nord, Newport Beach

5 beds, 5 full, 1 part baths

Home size: 3,158 sq ft

Lot size: 2,935 sq ft

Year built: 1971

Parking spots: 4

Days on market: 93
$2,895,000 : 120 Via Trieste, Newport Beach

5 beds, 5 full baths

Home size: 3,799 sq ft

Lot size: 3,960 sq ft

Year built: 1950

Parking spots: 4

Days on market: 100
$3,595,000 : 235 VIA FIRENZE, Newport Beach

4 beds, 2 full, 3 part baths

Home size: 3,631 sq ft

Lot size: 4,050 sq ft

Year built: 2009

Parking spots: 4

Days on market: 100
$5,295,000 : 111 Via Lido Soud, Newport Beach

4 beds, 4 full, 1 part baths

Home size: 4,200 sq ft

Lot size: 4,882 sq ft

Year built: 1941

Parking spots: 6

Days on market: 117
$1,495,000 : 109 Via Koron, Newport Beach

3 beds, 2 full, 1 part baths

Home size: 1,750 sq ft

Lot size: 2,640 sq ft

Year built: 1936

Parking spots: 4

Days on market: 123
$2,295,000 : 148 Via Waziers, Newport Beach

3 beds, 2 full, 1 part baths

Home size: 2,428 sq ft

Lot size: 3,960 sq ft

Year built: 1946

Parking spots: 4

Days on market: 128
$1,595,000 : 124 Via Lorca, Newport Beach

4 beds, 3 full baths

Home size: 2,676 sq ft

Lot size: 2,904 sq ft

Year built: 1968

Parking spots: 4

Days on market: 151
$2,395,000 : 137 Via Venezia, Newport Beach

4 beds, 4 full, 1 part baths

Home size: 3,200 sq ft

Lot size: 4,620 sq ft

Year built: 1949

Parking spots: 6

Days on market: 159
$3,995,000 : 110 Via Trieste, Newport Beach

4 beds, 4 full, 2 part baths

Home size: 5,000 sq ft

Lot size: 6,160 sq ft

Year built: 1937

Parking spots: 6

Days on market: 177
$3,895,000 : 331 Via Lido Soud, Newport Beach

3 beds, 1 full, 2 part baths

Home size: 1,853 sq ft

Lot size: 3,600 sq ft

Year built: 1953

Parking spots: 4

Days on market: 179
$7,495,000 : 844 Via Lido Nord, Newport Beach

3 beds, 4 full, 2 part baths

Home size: 3,857 sq ft

Lot size: 3,600 sq ft

Year built: 2001

Parking spots: 4

Days on market: 186
$7,800,000 : 3336 Via Lido, Newport Beach

2 beds, 3 full, 1 part baths

Home size: 2,812 sq ft

Year built: 2002

Parking spots: 4

Days on market: 222
$2,275,000 : 205 Via San Remo, Newport Beach

4 beds, 1 full, 3 part baths

Home size: 2,855 sq ft

Lot size: 3,960 sq ft

Year built: 1945

Parking spots: 4

Days on market: 224
$1,795,000 : 225 Via San Remo, Newport Beach

3 beds, 4 full baths

Home size: 2,500 sq ft

Lot size: 2,640 sq ft

Year built: 1995

Parking spots: 4

Days on market: 262
$2,499,000 : 916 Via Lido Soud, Newport Beach

4 beds, 3 full baths

Home size: 3,900 sq ft

Lot size: 7,020 sq ft

Year built: 1953

Parking spots: 4

Days on market: 314
$2,575,000 : 226 Via San Remo, Newport Beach

3 beds, 4 full baths

Year built: 2001

Parking spots: 6

Days on market: 367
$17,900,000 : 901 Via Lido Soud, Newport Beach

5 beds, 5 full, 1 part baths

Year built: 1984

Parking spots: 8

Days on market: 515

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Granville in Newport Beach, CA | Market Report for 2011

Sharon Paxson — Wed, 25 Jan 2012 06:13:36 +0000

Granville is a guard gated golf course community in Newport Beach right on the Newport Beach Country Club golf course. The Newport Beach Country Club is a private country club, and has a beautiful golf course. The community of Granville is located right along the golf course, and there are both upper and lower units. The upper units features sweeping golf course views, and do have partial ocean view as well. The lower units actually open onto the golf course. Granville in Newport Beach is a community of approximately 67 homes.

Granville in Newport Beach is also walking distance to tennis courts in Newport Beach as well. Granville is also walking distance to upscale dining at Fashion Island in Newport Beach.

Currently, there are two active listings in Granville in Newport Beach. All of the active listings are standard sales. The last sale in Granville in Newport Beach was in December, 2011. There were a total of two sales in 2011, and both sales were standard sales. Search the MLS for Granville condos for sale in Newport Beach, and Newport Beach Real Estate.

Search the MLS for Granville homes for sale, and Newport Beach Real Estate.

Showing properties 1 - 2 of 2. See more Granville Homes for Salein Newport Beach.
(all data current as of 2/4/2012)

$1,690,000 : 1039 Granville DR, Newport Beach

2 beds, 2 full baths

Home size: 2,400 sq ft

Year built: 1970

Parking spots: 4

Days on market: 108
$1,795,000 : 1051 Granville DR, Newport Beach

3 beds, 2 full, 1 part baths

Home size: 2,869 sq ft

Year built: 1970

Parking spots: 4

Days on market: 214

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Other Newport Beach, CA Neighborhoods

Balboa Coves	Cliffhaven	Newport Coast
Balboa Island	Corona del Mar	Newport Island
Balboa Peninsula	Dover Shores	Newport Shores
Balboa Peninsula Point	Eastbluff	Newport Terrace
Bay Island	Granville	One Ford Road
Bayshores	Harbor Ridge	Port Streets
Bayside Cove	Harbor View Hills	Sea Island
Beacon Bay	Kings Road	Seaview
Belcourt	Lido Isle	Versailles
Big Canyon	Lido Sands	Villa Balboa
Castaways	Linda Isle	Villa Point
Cherry Lake	Newport Crest	West Newport Beach

For the most-up-to-date information in Newport Beach, we urge you to contact us. We can assist you with all aspects of buying or selling real property in this and other neighborhoods and communities in Newport Beach. Also ask to be placed on an instant notification system when any new Newport Beach MLS listings come on the market or price reductions in the Newport Beach area are posted.

Search Condos for Sale in Granville in Newport Beach by Map

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We can assist buyers in all forms of Newport Beach relocation needs including new construction houses, condos, for sale by owner homes, residential lots, lofts, and new homes in various subdivisions across the Newport Beach area. If you are interested in foreclosure homes including pre-foreclosures, short sales, REO properties, bank owned properties and other types of foreclosure properties, then we can assist you. If you’re searching for Newport Beach, CA foreclosures, then we invite you to view the listings in this or any of the Newport Beach popular communities on our site. Search for homes and condos for sale in Orange County by map. And if you’re searching for condos for sale in the Newport Beach, feel free to browse our updated listings of Newport Beach condos for sale on our site.

If you are not able to find the home you are looking for, please fill out the online form below so that we can assist you with your home search.

Information on this page is based on information on real estate for sale in Newport Beach area per the CRMLS and is deemed reliable but, not guaranteed.

Utilizing Electronic Signatures in Real Estate Transactions

Sharon Paxson — Tue, 24 Jan 2012 05:56:55 +0000

When you are in the process of interviewing and selecting Newport Beach Real Estate agents, an important consideration is if that agent utilizes electronic signatures on the real estate contracts and documents. As part of my practice as a Newport Beach Realtor, I utilize electronic signatures for all my Real Estate transactions, and I utilize a program called Docusign. I have been utilizing this program for several years now. Initially it was ideal for out of state clients, however now I utilize it with all my clients and they all appreciate the sophistication and ease it affords them.

Docusign is an amazing program which allows my clients to sign their documents and contracts without ever having to print out a document, sign it, scan it, or fax it to return it. This improves the quality of the documents as well as they are not constantly being faxed over and over again reducing the quality of the document.

With the use of Docusign, a document can be signed electronically. Some of my clients have even signed right from their smart phone of iPad.

Once a document is signed by all parties, it is returned to the originator where it can be saved as a PDF and sent,

With the use of Docusign, it eliminates the following:

Printing (saves paper)
Signing (with ink)
Scanning or Faxing

And it is a green program, saving paper in the process because it is all done electronically. So my clients prefer that, and they really like the convenience of utilizing this program.

You may want to ask the Newport Beach Real estate agents you are interviewing if they utilize Docusign or some other method of electronic signature. With Real Estate transactions, time is of the essence, and it is imperative to get documents signed and back to the other party in a timely manner. Docusign helps facilitate this.

Real Estate in general is evolving with technology, and it is important to have a Newport Beach Real Estate agent who is utilizing all the tools that will assist you with the purchase or sale of your home. And it benefits you – as the buyer or seller to select an agent who utilizes Docusign.

If I can answer any questions about the use of Docusign, please contact me.

Trovare Condo for Lease | 6 Teramo Court in Newport Coast

Sharon Paxson — Mon, 23 Jan 2012 17:10:57 +0000

Newport Coast Condo for Lease | Condo for Lease in Trovare in Newport Coast

This beautiful two bedroom, two bathroom condo in Newport Coast is available for lease and it is located in Trovare in Newport Coast. This Newport Coast condo has beautiful cherry hardwood floors, kitchen features granite counters and stainless appliances, and the bathrooms have been upgraded with marble flooring.

Additionally, this beautiful Newport Coast condo in Trovare has city lights views which is gorgeous.

This condo in Newport Coast is being offered for lease at $2700 per month.

To schedule a private appointment to view this property, please contact me.

Search the MLS for condos for sale in Trovare in Newport Coast.

Showing properties 1 - 1 of 1. See more Trovare Condos for Sale in Newport Coast.
(all data current as of 2/4/2012)

$575,000 : 1 Padua Ct, Newport Coast

2 beds, 2 full baths

Home size: 1,172 sq ft

Year built: 1995

Parking spots: 4

Days on market: 4

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Big Canyon Market Update in Newport Beach | December, 2011

Sharon Paxson — Mon, 23 Jan 2012 06:01:07 +0000

Big Canyon in Newport Beach has several different builder tracts. Whether you are considering a custom Newport Beach golf course home or a Newport Beach condo, Big Canyon is a highly sought after area.

The Big Canyon area in Newport Beach is bordered by Ford Road, MacArthur, San Joaquin and Jamboree. Big Canyon is located on the Big Canyon golf course at the Big Canyon Country Club which is a members only club. The photo below is a photo of the clubhouse which was recently built.

There are many beautiful golf course homes which are located in Big Canyon. Big Canyon in Newport Beach has beautiful custom homes located on the golf course in Big Canyon. Big Canyon in Newport Beach is walking distance to Fashion Island in Newport Beach which features upscale dining and shopping. Enjoy one of the many activities at Fashion Island in Newport Beach including the Fashion Island tree lighting ceremony which is an annual event which takes place in November of every year.

There are currently 25 active listings in Big Canyon in Newport Beach, four in back up, three in pending, and there was one sale in December, 2011.

The absorption rate is as follows. The rate is showing a stable market trending towards a seller’s market in Big Canyon in Newport Beach.

Compared to last month, the sales were as follows:

Listings are down by -20 which is a huge number from December, 2010
Back Up is the same as November, 2011
Pending is down from last month -1 from November, 2011
Sold is up from last month +3 from November, 2011

In the past one year, of the 35 sales, there were nine distressed sales. They were all short sales with the exception of one which was an REO sale.

In my opinion, the trend will continue with regards to the stable market and trending towards the sellers market.

Find lifestyle information about Big Canyon in Newport Beach.

Big Canyon Life Style

Search the MLS for Big Canyon homes and condos for sale in Newport Beach, and Newport Beach real estate.

Balboa Island in Newport Beach

Showing properties 1 - 15 of 15. See more Balboa Island Homes for Sale .
(all data current as of 2/4/2012)

$1,425,000 : 220 Amethyst, Newport Beach

2 beds, 1 full, 2 part baths

Home size: 1,300 sq ft

Lot size: 2,550 sq ft

Year built: 1960

Parking spots: 6

Days on market: 3
$2,650,000 : 325 Diamond Ave, Newport Beach

5 beds, 1 full, 2 part baths

Home size: 1,973 sq ft

Lot size: 3,995 sq ft

Year built: 1954

Parking spots: 4

Days on market: 13
$2,195,000 : 333 Onyx, Newport Beach

5 beds, 1 full, 2 part baths

Home size: 3,000 sq ft

Lot size: 3,400 sq ft

Year built: 1941

Parking spots: 6

Days on market: 60
$1,850,000 : 303 Sapphire, Newport Beach

4 beds, 2 full, 2 part baths

Home size: 2,000 sq ft

Lot size: 2,550 sq ft

Year built: 1937

Parking spots: 5

Days on market: 65
$1,450,000 : 316 Onyx Ave, Newport Beach

6 beds, 4 part baths

Home size: 2,528 sq ft

Lot size: 2,550 sq ft

Year built: 1963

Parking spots: 2

Days on market: 101
$4,299,000 : 1104 S Bayfront, Newport Beach

4 beds, 4 full baths

Home size: 2,710 sq ft

Lot size: 2,550 sq ft

Year built: 1965

Parking spots: 4

Days on market: 110
$925,000 : 1702 Park Ave, Newport Beach

2 beds, 1 full bath

Home size: 697 sq ft

Lot size: 1,802 sq ft

Year built: 1927

Days on market: 117
$1,495,000 : 213 Topaz Ave, Newport Beach

4 beds, 2 full, 1 part baths

Home size: 1,778 sq ft

Lot size: 2,550 sq ft

Year built: 1935

Parking spots: 2

Days on market: 121
$1,375,000 : 315 Onyx Ave, Newport Beach

2 beds, 1 full, 1 part baths

Home size: 1,163 sq ft

Lot size: 2,550 sq ft

Year built: 1949

Parking spots: 3

Days on market: 166
$1,050,000 : 116 Agate Ave, Newport Beach

3 beds, 3 part baths

Home size: 1,594 sq ft

Lot size: 2,550 sq ft

Year built: 1942

Parking spots: 4

Days on market: 191
$1,439,000 : 201 Diamond Ave, Newport Beach

4 beds, 2 full, 1 part baths

Home size: 1,843 sq ft

Lot size: 2,550 sq ft

Year built: 1979

Parking spots: 6

Days on market: 227
$1,479,000 : 319 Ruby Ave, Newport Beach

5 beds, 3 full baths

Home size: 2,618 sq ft

Lot size: 2,426 sq ft

Year built: 1928

Parking spots: 4

Days on market: 242
$1,895,000 : 316 Diamond Ave, Newport Beach

3 beds, 1 full, 3 part baths

Home size: 2,519 sq ft

Lot size: 2,550 sq ft

Year built: 1988

Parking spots: 4

Days on market: 269
$1,489,000 : 227 Onyx Ave, Newport Beach

3 beds, 1 full, 1 part baths

Home size: 1,314 sq ft

Lot size: 2,550 sq ft

Year built: 1945

Parking spots: 4

Days on market: 283
$3,500,000 : 341 E Bay Front, Newport Beach

4 beds, 1 full, 1 part baths

Home size: 1,645 sq ft

Lot size: 2,250 sq ft

Year built: 1937

Parking spots: 4

Days on market: 325

Listing information deemed reliable but not guaranteed. Read full disclaimer.