Newport Beach Real Estate News – Newport Beach Market Report
Newport Beach real estate has come a long way since it began in 1906. Back then, bayfront houses sold for as little as $500. Today, homes in this area are priced in the millions of dollars as the area is considered prime, Pacific Coast property. Areas of Newport Beach include Corona Del Mar, Balboa Island, Lido, Newport Coast, San Joaquin Hills and Balboa Peninsula.
For those looking for a home along Orange County’s Gold Coast, Newport Beach real estate offers choices for a variety of homebuyers. Luxury homes on the sand, bayside estates with yacht slips, elegant town homes on the golf course are all possibilities when it comes to Newport Beach homes.
The real estate market in Newport Beach is enhanced by a variety of environmental, recreational, cultural and shopping opportunities. The Back Bay is a nature preserve; Catalina Island is just a short catamaran ride away on the Catalina Flyer; the Balboa Fun Zone features a ferris wheel and other amusements as well as shopping and restaurants. Shopping at nearby Fashion Island is an experience in itself, and nearby Costa Mesa includes a world renowned theatre and music complex.
Below is the current Newport Beach Real Estate News:
Not long ago, it was a buyers’ market in Newport Beach, with several months worth of inventory on the market. Today, that is no longer the case with just three months of inventory on the market. Inventory refers to the number of homes currently for sale. For more information on the value of a particular home please visit Newport Beach home values
For information on buying or selling a home in Newport Beach, please contact Christine Donovan at 714-319-9751.
See below to see homes for sale in Newport Beach:
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