How is the Newport Beach market doing? (is a frequently asked question.) After all for a long time we thought we were not going to be affected by this recession. Not to long ago I wrote a blog about the Dover Shores area and how our unit sales were on the rise. Well the Altos research for this week just came out and it confirmed my previous findings.
The above chart shows the market action in the 92260 zip code. The Dover Shores area falls under this zip code. I believe that this community is doing well due to the immediate pricing of homes. This neighborhood is more affordable than others in Newport Beach and there are many benefits to living here. The school district for one is awesome! It is close to the ocean, Th street shopping, the freeway, and John Wayne airport. Plus, you will own a piece of prime real estate! What else could you ask for?
If you are considering moving to Newport Beach, the 92660 zip code is definitely one to look at, and don't forget to see homes in the Dover Shores area. Feel free to contact me with questions or if you would like a tour of the area. NO obligation!