The last full month of summer was mixed for Newport Beach. Volume of single family homes were down slightly compared to July but up big compared to August of last year. Condo volume was quite the opposite; up compared to last month but down compared to last year. Prices of single family homes were up more than 20% compared to July and are now at the highest levels this year. Condo prices were down from last month but was coming off a run of 3 straight months of increases.
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