Newport Beach Real Estate Report - Dec 2012

Slow month for Newport Beach compared to November 2012 with 51 single family home sales, down 9%, and 13 condo sales, down 24%. The average price of a single family home sold in Dec 2012 increased 33% from last year’s numbers from $1.46 mil to $1.95 mil. Single family homes and condos both had a 10% increase in average sale price compared to last month. So long as inventory levels remain low, expect prices to continue upward.

Newport Beach Real Estate Market Analysis for Dec 2012

Newport Beach Sales Volume for Dec 2012

Newport Beach real Estate Average Sale price for Dec 2012

Newport Beach median real estate sales price for dec 2012

Please contact us at 1-800-287-1808 if you’re in the market for real estate in Newport Beach California.

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