What Newport Heights at Newport Beach CA Property Sellers Can Expect for 2012

By
Real Estate Agent with HomeSmart, Evergreen Realty

Harbor views from Newport Heights 

Newport Heights is a popular area at Newport Beach CA real estate.

Newport Heights is close to and overlooking Newport Harbor on one side and adjacent to East Costa Mesa at Orange County on the other.

 

 

Newport Heights at Newport Beach CA real estate for 2011:

  • 132 Newport Heights homes were resold last year during 2011 - average sold price of $715k
  • Average time on market was 110 days
  • 44 those sold Newport Heights homes during this past year 2011 were single family detached - average sold price of $1,268,682
  • 34 of the resold homes were short sales (25.7 percent of market).  
  • 26 of the resold homes were REO lender owned (19 percent of Newport Heights market)

HOME SELLING 2012

 



Newport Heights at Newport Beach CA home and property sellers can expect for 2012: 

  • There are 43 Newport Heights homes now listed for resale - average list price of $1,041,584 - including single family and condo homes  
  • 7 of the listed homes are short sales (16 percent of market)
  • If Newport Heights average resale price moderates down this year, that will probably be from increasing number of short sales and REOs.  
  • Newport Heights is similiar to other Orange County areas and will have distressed homes, REO bank owned and short sales, listed for sale and sold.   
  • Continued beautiful weather and jobs at Orange County will inspire improved consumer and buyer confidence at Newport Heights and Newport Beach this year.

See link to all Newport Heights single family homes now listed for sale - click here.

 

P799811

$1,875,000 - Newport Heights home - 5 bedrooms and 6 baths - more than 4,000 sf interior size - MLS no. P799811 - IDX link

 

See LINK TO ALL NEWPORT HEIGHTS single family homes now listed for sale - click here.

      __________________________________________________ 

Please CONTACT US at 949-854-7747  about listing and sale of Newport Heights homes and real estate.

Source of some information is CRMLS and does not include that for new homes for sale or sold, those sold at trustee auctions after foreclosure, and does include those listed and sold by all agents and brokers. 

HARRISON K. LONG – REALTOR® and broker associate, GRI – Coldwell Banker Residential Brokerage – 949-854-7747 (phone) – ExploreProperties@gmail.com (email) – CA DRE 01410855 – SFR short sale and foreclosure resource certified by the National Association of REALTORs® – now serving as an appointed director at California Association of REALTORs® – also a lawyer licensed by the California State Bar, member #69137.

Professional REALTOR® agent representation and help for property owner/sellers, private trust estate representatives, estate administrators and executors, probate and trust attorneys, estate planners, income tax professionals, public guardians, fiduciaries, investor group managers, bankers, and individuals, with listing and sale of properties at Orange County, CA

Posted by

 

close

This entry hasn't been re-blogged:

Re-Blogged By Re-Blogged At
Topic:
Home Selling
Location:
California Orange County Newport Beach Newport Heights
Groups:
Realtors®
Orange County Coastal Real Estate
Orange County Real Estate
Newport Beach, CA
Buyer Information - What Buyers Need to Know in Today's Market
Tags:
what newport heights at newport beach ca real estate sellers can expect 2012

Post a Comment
Spam prevention
Spam prevention
Post a Comment
Spam prevention

What's the reason you're reporting this blog entry?

Are you sure you want to report this blog entry as spam?

Rainmaker
519,075

Harrison K. Long

REALTOR , GRI, Broker associate, Attorney
Ask me a question
*
*
*
*
Spam prevention

Additional Information