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Newport Beach Condos REAL ESTATE MARKET TRENDS
In July 2023, Newport Beach home prices were down 23.9% compared to last year, selling for a median price of $2.9M. On average, homes in Newport Beach sell after 33 days on the market compared to 39 days last year. There were 91 homes sold in July this year, up from 75 last year.
MEDIAN SALE PRICE
MEDIAN DAYS ON THE MARKET
HOW COMPETITIVE IS THE Balboa Island MARKET?
Somewhat Competitive. hot homes sell for about 3% below list price and goes pending for around 35 days. Hot homes sell from their current price listing and get pending around 21 days.
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David understands the magnitude of the home-buying and home-selling process and it is his intention to make that process seamless, well-designed, and truly enjoyable.