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Newport Beach, California - Market Update - Zip Code 92661

By
Real Estate Agent with Berkshire Hathaway California Properties 01364315

Market Activity Report for Newport Beach, California -  Zip Code 92661

 

Market Activity Index

  • Absorption Rate 9.8
  • An average of 5 properties closed escrow each month over the past year

Price per Square Foot History

  • Last month's average closed price per square foot was $1098

SOLD Inventory - Days on Market

  • The average Days on Market for home that closed escrow last month was 86

Active vs. Pending vs. SOLD Activity

  • 9 properties closed escrow last month

 

 

If you are thinking about buying or selling your home in Newport Beach, let's talk about what the market is doing and how we can achieve your goals in the current market conditions.  I can be reached at (949) 500-0482 or by email at SandraCarlisle@firstteam.com.