Real Estate Statistics For Newport Beach California

Wanting to know what the real estate market is doing these days happens to be a question I get daily. The information I am providing has been compiled by Altos Research for currently active listings in the city of Newport Beach.

It looks like it is still a buyers market. I will mention that we are starting to see multiple offers on the homes that are priced well.

Buyers this is the time to be out looking for your dream home. With prices lower than we have seen in years, interest rates lowest in 50 years, and plenty of inventory it's your game!

Sellers, make sure your home is priced correctly. Take a look at the Days On Market and the decrease in prices. The longer your homes remains over priced the longer it will sit and the value will continue to drop.

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