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Newport Beach Real Estate and Homes for Sale $1 Mil+ Apr. 2013.

By Frank Farahbakhsh Moham

Real Estate Broker/Owner BRE# 01353757

May 08, 2013 07:05 AM

Newport Beach Real Estate and Homes for Sale $1 Mil+ Apr. 2013.

The statistical information (Median List Price vs. Median sale price) for the City of “Newport Beach, California” for Single Family Residential (SFR) Detached homes is extracted using CRMLS.

Thischart showsthe median price of properties listed For Sale (a measurement of seller expectations) compared with the median price of properties that have successfully Sold (a reflection of buyer activity) during the time period chosen. The difference in these two median prices speaks volumes about how buyers and sellers perceive the same set of market conditions. In a balanced market most properties “sell” within 10% of their “final” list price. This month shows a decrease on Market Expectations but a higher Median Sold Prices compared to the last month.

Check:

· Sell your Home at the ”Highest Possible Price”.

· Increase the chances of getting “More Offers”.

· Use my Team for ”FREE Short Sale Services”.

· ”Pay Less” when you buy from a Home Builder.

Newport Beach Real Estate and Homes for Sale $1 Mil+ By Frank Moham

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