Real Estate Trends for Newport Coast August 2013

By
Real Estate Agent with Coldwell Banker Residential Brokerage CalBRE #01348400

Real Estate Trends for Newport Coast August 2013

The median sales price for homes in Newport Coast CA for Jun 13 to Aug 13 was $1,580,000. This represents a decline of 15.1%, or $280,000, compared to the prior quarter and a decrease of 2.8% compared to the prior year.

Newport Coast Homes for Sale

Sales prices have depreciated 8.3% over the last 5 years in Newport Coast. The average listing price for Newport Coast homes for sale was $6,094,141 for the week ending Sep 04, which represents an increase of $1,385, compared to the prior week and an increase of 5.8%, or $331,947, compared to the week ending Aug 14.

The month of August saw a decrease in homes sales due to the threat of increased interest rates and an increase in home prices over the previous months. As the inventory of homes increases we should see the market soften and move to more of a neutral or even a buyer's market. 

Have a Home to Sell? Click Here to Find Out the Value.

 

Newport Coast median sales prices

 

 

Number of sold homes in Newport Coast

 I am happy to provide more information about current real estate activity in Laguna Beach and answer any questions you may have about current market conditions. Call me at 949-422-1636 or email brianjones@firstteam.com

 

 

Search for Newport Coast Homes for Sale 

 

 

For my FREE “44 Secrets to Sell Your Home for Top Dollar” brochure send an email to brianjones@firstteam.com and I’ll email it right away. Having the right information can make a major difference. There is no cost or obligation.

 

FREE Over-The-Net Home Evaluation. Knowing what your home is worth is important information to have if you are thinking of selling your home. I will send you a FREE Residential Property Report, a 3rd party report that will give you a much better idea of what your home is worth. There is no cost or obligation

 

Search Homes On-Line Now! Let me know what you want in a home and I’ll send you a List of the Current Homes that match what you’re looking for!

 

Areas Served

 

Laguna Beach    Dana Point   Newport Coast    Laguna Niguel

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 Contact Brian Jones

Are you planning a move to or from Newport Coast? Email me or call 949-422-1636 for information about homes, communities, and all things real estate. If you prefer you can search for homes and explore the pages of my website at your own pace and convenience on www.BrianJonesProperties.com

Posted by

B R I A N   J O N E S

Realtor

Coldwell Banker Residential Brokerage

C: 949-422-1636
email: brian.jones2@camoves.com
www.BrianJonesOCHomes.com

Brian Jones 

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California Orange County Newport Coast
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Tags:
newport coast homes for sale
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Rainmaker
1,106,697
Gary Frimann, CRS, GRI
Eagle Ridge Realty / Signature Homes & Estates - Gilroy, CA
REALTOR and Broker

Thanks for the Market Report for Newport Coast.  These are a valuable part of the ActiveRain blogs.

Sep 20, 2013 01:34 PM #1
Rainmaker
101,461
Brian Jones
Coldwell Banker Residential Brokerage - Laguna Beach, CA
Realtor, Coast Real Estate Specialist
Thanks for the comment, Gary. I agree, Activerain is a great platform.
Sep 21, 2013 06:46 AM #2
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Rainmaker
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Brian Jones

Realtor, Coast Real Estate Specialist
Yes! I'm interested in homes in Laguna Beach, Ca!
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