Stacy’s Newport Beach & Real Estate

Newport Beach, Corona Del Mar & Coastal OC Real Estate

Archive for market news

Newport Beach, Corona Del Mar & Newport Coast REAL ESTATE MARKET NEWS for mid-March, 2010.

The median list price in NEWPORT BEACH, CA 92660 this week is $1,682,500.  Average Price-per-Sq.Ft  is $542.  Average DOM (Days on Market) is 245. Demand measured by the Market Action Index is increasing and days-on-market is trending downward. Even as more properties come available, these are positive trends for the market.

The median list price in NEWPORT BEACH, CA 92663 this week is $1,975,500.  Average Price-per-Sq.Ft  is $783.  Average DOM (Days on Market) is 262. Demand measured by the Market Action Index is increasing and days-on-market is trending downward.

The median list price in CORONA DEL MAR, CA 92625 this week is $2,500,000.  Average Price-per-Sq.Ft  is $901.  Average DOM (Days on Market) is 269.  Inventory and days-on-market are climbing, while the Market Action Index has been flat recently. The trends point to a
weakening market.

The median list price in NEWPORT COAST, CA 92657 this week is $3,037,000.  Average Price-per-Sq.Ft  is $739.  Average DOM (Days on Market) is 301.  Inventory is tightening and days-on-market is falling. The Market Action Index shows demand heating up. These are relatively bullish signs for prices.

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