22 August 2009
One Ford Road Market Comparison
Considering One Ford Road is one of my favorite neighborhoods in Newport Beach, I constantly watch what homes are doing there. I ran a search to see how real estate has been affected in the community. Looking back at 2006 when real estate was doing well and had not been affected yet in Newport here is what I found in One Ford Road:
27 homes sold
Average price sold $2,700,000
Average price by sq. ft. $746.00
Average days on market 62
I then went and looked at 2008:
6 homes sold
Average price sold $2,200,000
Average price by sq. ft. $625.00
Average days on market 91
Now looking at 2009 up to August 22:
8 homes sold
Average price sold $1,700,000
Average price by sq.ft $581.00
Average days on market 112
One Ford Road is a wonderful community. It appeals to all ages. It is centrally located and there are plenty of amenities to entertain all. Feel free to contact me with questions regarding One Ford Road, I love to help!
Take a peek at One Ford Road Homes for sale!