Currently, there are 60 detached homes under contract in escrow, and the median price of these pending properties is $1,295,000 . Of this total pending properties, 25 are short sales, which is 42% of the total detached properties in escrow in Newport Beach . The median price is $1,100,000 .

In the past 90 days, there have been a total of 96 detached homes that have sold and closed escrow in Newport Beach . The median price of these sold homes was $1,360,000 and the average price per square foot was $567 . Of this total were 4 short sale properties, which was 4% of the total sales. The median price was $950,000 , and the average price per square foot was $479 .

For more information about short sale homes and condos, please visit our website at: Newport Beach Short Sale Real Estate. To speak with a Short Sale professional, or to set an appointment, feel free to call: (888) 201-7066, or email us at: Info@ShortSalesASAP.com.

Newport Beach Short Sale Real Estate report. is a post from: Orange County Real Estate Blog

Currently, there are 60 detached homes under contract in escrow, and the median price of these pending properties is $1,299,000 . Of this total pending properties, 25 are short sales, which is 42% of the total detached properties in escrow in Newport Beach . The median price is $1,100,000 .

In the past 90 days, there have been a total of 87 detached homes that have sold and closed escrow in Newport Beach . The median price of these sold homes was $1,360,000 and the average price per square foot was $547 . Of this total were 5 short sale properties, which was 6% of the total sales. The median price was $790,000 , and the average price per square foot was $363 .

For more information about short sale homes and condos, please visit our website at: Newport Beach Short Sale Real Estate. To speak with a Short Sale professional, or to set an appointment, feel free to call: (888) 201-7066, or email us at: Info@ShortSalesASAP.com.

Newport Beach Short Sale Real Estate report. is a post from: Orange County Real Estate Blog

For attached condos, there are currently 23 condos active for sale in Newport Coast . The median price of these condos is $869,000 and the average price per square foot is $430 . These listed condos range in price from a low of $475,000 for a unit comprising of 2 bedroom, 2 bath, 1,212 square foot, that is situated in the Summit Tract. Up to a maximum price of $2,595,000 for a roomy condo consisting of 4 bedrooms, 5 baths, with 3,850 square feet found in the Seascape Subdivision.

For properties currently under contract in Newport Coast there are 25 detached homes in escrow, and the median price is $2,595,000 . These detached homes range in price from a low of $1,295,000 for a 3 bedroom, 3.5 bath, 2,576 square foot property located in the Belarca Tract. On up to a maximum price of $6,695,000 for a fine property comprising of 4 bedrooms, 5 baths, and incorporates an expansive 6,350 square feet of living area, located in the Crystal Cove Sea Crest Tract.

For condos, there are 10 units now in escrow in Newport Coast , with a median price of $813,000 . These pending units range in price from $587,500 for a 2 bedroom, 2 bath, 1,094 square foot condominium, located in the Trovare Subdivision. On up to a maximum price of $1,099,000 for a fine condo consisting of 3 bedrooms, and 3 baths, with 2,300 square feet, found in the Vistas Subdivision.

In the past 90 days, there have been 37 detached homes that have sold and closed escrow in Newport Coast . These sold homes had a median price of $2,360,000 with an average price per square foot of $571 . These closed homes range in price from a low of $3,365,000 for a detached home comprised of 4 bedrooms, and 5 bath, with 3,670 square feet, and is located in the Nautilus Subdivision. And a maximum price of $8,250,000 for an estate property comprising of 5 bedrooms, 7 baths, and a spacious 11,100 square feet located in the Pelican Crest Tract.

For the past 3 months, there have been 8 attached condominiums that have sold and closed escrow in Newport Coast , California. The median price of these attached units was $675,000 and the average price per square foot was $393 . These sold condominiums ranged in price from a low of $500,000 for a 2 bedroom, 2 bath, 1212 square foot unit found in the Summit condo Tract. And the maximum priced sold condo was $1,150,000 for a nice unit comprised of 2 bedrooms, 3 baths, and 2,300 square feet that is situated in the Vistas Tract.

If you have any questions regarding real estate for sale in Newport Coast , please feel free to call us at: (949) 388-3396, or email us at: Info@eVantageRE.com . Click this link if you would like to view all homes for sale in Newport Coast and south Orange County.

Newport Coast Real Estate report. is a post from: Orange County Real Estate Blog

For condominiums, there are now 166 units active for sale in Newport Beach . The median price of these condos is $859,000 and the average price per square foot is $647 . These condominiums range in price from a low of $239,000 for a unit comprising of 1 bedroom, 1 bath, 502 square foot, that is found in the Versailles Tract. Up to a maximum price of $2,950,000 for a roomy condo consisting of 3 bedrooms, 3 baths, with 3,508 square feet found in the Harbor Ridge Estates.

For homes now pending in contract in Newport Beach there are 87 detached homes in escrow, which have a median price of $1,490,000 . These properties range in price from a low of $550,000 for a 3 bedroom, 2 bath, 1,600 square foot property located in the Back Bay Anniversary Homes. The maximum price is $9,950,000 for a fine property incorporating 5 bedrooms, 7 baths, with an expansive 6,150 square feet of living area, located in the Lido Island.

There are 57 Condo units now pending in escrow in Newport Beach , that have a median price of $474,500 . These units range in price from $295,000 for a 2 bedroom, 3 bath, 1,157 square foot condominium, situated in the Newport Terrace Subdivision. On up to a high price of $1,995,000 for a fine condo comprised of 3 bedrooms, and 3 baths, with 2,700 square feet, found in the Harbor Ridge Estates.

For Sold home in the past 3 months, there were 85 detached properties that closed escrow in Newport Beach . These sold homes had a median price of $1,275,000 with an average price per square foot of $572 . These sold homes ranged in value from a low price of $142,000 for a detached home with 2 bedrooms, and 1 baths, incorporating 1,000 square feet, located in the Lido Park Subdivision. And a maximum price of $5,550,000 for an estate property comprising of 5 bedrooms, 6 baths, and a spacious 2,979 square feet located in Balboa Island.

For attached Condos Sold in the past 3 Months, there were 52 such units that succesfully closed escrow in Newport Beach , California. The median price of these attached units was $550,000 with an average price per square foot of $455 . These sold condominiums ranged in price from a low of $260,000 for a 1 bedroom, 1 bath, 493 square foot unit found in the Versailles condo Tract. The maximum priced sold condo was $1,900,000 for a nice unit comprised of 2 bedrooms, 3 baths, and 1,864 square feet found in the Lido Building.

If you have any questions regarding homes or condominiums for sale in Newport Beach , please feel free to contact us at: (949) 388-3396, or email us at: Info@eVantageRE.com . Or visit our Newport Beach Homes for Sale Website.

Newport Beach Real Estate Market Update is a post from: Orange County Real Estate Blog

The Balboa Peninsula is a subsection of the city of Newport Beach, California, and is comprised predominately or residential detached homes and estates, with some attached condominiums and commercial real estate. Most of the business is concentrated along Balboa Boulevard where it meets Pacific Coast Highway, McFadden Place, and Main Street.

Newport Beach as well as Balboa Peninsula is home to some of California’s most luxurious real estate.   In the 1st half of 2008′, there have been 21 properties sold and closed in  Balboa Peninsula.  Ranging in price from $950,000 for a 2 bedroom, 2 bath, 1,123 square foot condo on Oceanfront Ave boasting of an Ocean view.  On up to $10,150,000 for a beachfront estate comprising of 5 bedroom, 5.5 bath, and 4,000 square foot estate, located on Oceanfront Dr., with sweeping Ocean views.  The median price of the 21 properties sold is $1,460,000 and the average price is $2,736,761.  The average price per square foot is $1,026 and the average days on market is 65 days.  Below is a more detailed assessment of  the current market values of various types of properties in Balboa Peninsula: 

• Non-Ocean View and Non-bayfront detached homes range in price from $1.1 Million up to $5Million, and sell in the range of $830/SqFt up to $950/SqFt.
• Ocean view and/or Bayfront detached homes range in price from $3Million on up to $30 Million, and sell in the range of $1,300/SqFt to $2,500/SqFt.
• Attached Condominiums range in price from $700K to $3 Million, and have been selling in the range of $650/SqFt to $750/SqFt.

We are featuring a new listing of a fine home comprising of 4 bedrooms, 3 baths, 2,878 square feet of living area with many fine upgrades.  The property is located on Plaza Del Sur and is priced to sell.  For more details of this fine home, plus pricing, visit our website at:  www.ViewBalboaHomes.com 

The word “Balboa,” came from the famous Spanish explorer, Vasco N

Balboa Peninsula Real Estate, Newport Beach, CA. is a post from: Orange County Real Estate Blog

Currently there are 2 waterfront properties under contract in Escrow in Newport Beach, Ca.  One estate is located on Lido Island on Via Lido Nord.  This bay front property consists of 3 bedroom, 2 baths, and includes a private dock, and the asking price was $4,299,000.   The other estate is located on Balboa Peninsula on Oceanfront Ave.  This  Ocean Front property incorporates 5 bedroom, 5.5 baths, 4,000 square feet of living area and a private roof top deck with sweeping ocean views.  The asking price of the property was $11,575,000. 

In the past 90 days, there have been 3 bayfront/oceanfront properties that have sold and closed escrow.  Based upon the number of homes Pending in escrow, and 3 homes sold and the current inventory of 37 homes, the Months of Inventory is running at about 30 months for Newport Beach water front property currently.   The basic details on the 3 waterfront properties that sold along with the sales prices are listed below: 

• Lido Island – Via Lido Soud – 5 Bdrm, 3 Bath, 2,580 SqFt, Bayfront with dock – $3.9Mil
• Balboa Pen – Bay Ave. – 5 Bdrm, 3 Bath, 2,358 SqFt, Bayfront with dock – $4.9Mil
• West Newport – Oceanfront Ave – 5 Bdrm, 5.5 Bath, 2,744 SqFt, Oceanfront – $6.2Mil

Of the 7 bay front and ocean front condos currently listed for sale in Newport Beach, Ca., the lowest priced property is $1,095,000 for a 1 bedroom, 2 bath, 1,200 square foot  condo on Lido Park Dr. in the Cannery Village high-rise.   The highest price condominium is a beachfront 3 bedroom, 3 bath, 2,000 square foot with sweeping panoramic views of the beach and pacific ocean.   The current asking price is $2,695,000 and is located on Balboa Peninsula on Balboa Blvd.   The Average priced waterfront condo currently for sale is $2.05 Million, and the Average Price per square foot is $1,125/SqFt. 

In the past 3 months, there were 2 waterfront condos that sold and closed escrow in Newport Beach.  The lowest priced unit was a 3 bedroom, 2 bath, 1,561 square foot ground floor beach-front condo facing the back bay.  The other sold unit is located in West Newport in Newport Marina Villas on Coast Hwy.  This bayfront property incorporated 3 bedrooms, 3 baths, 1,849 square feet, and sold for $1.375,000.

For a private email list, with updates, of all oceanfront and bayfront properties listed for sale in Newport Beach, Ca. , visit our website at:  www.OCJustListed.com, or give us a call for a private showing at:  949-388-3396  (NOTE:  All prices stated in the article are subject to change at anytime.)

Oceanfront- Waterfront – Bayfront Homes for Sale in Newport Beach, CA is a post from: Orange County Real Estate Blog

In Newport Beach, single family detached homes have only dropped 6% since the Spring of 2006′ and attached Condos have decreased 14% since early 2006′.    A more in depth review of the Sales statistics reveals the following:

Detached Homes Sold in Past 90 Days:
Total = 77,  Average Price= $2.13Mil, Median Price= $1.7Mil, Days on Market= 91

Attached Condos Sold in Past 90 Days:
Total = 50,  Average Price= $994,000, Median Price= $700,000, Days on Market= 103

Detached Homes Sold in March, April, May of 2006′:
Total = 91,  Average Price= $2.23Mil, Median Price= $1.8Mil, Days on Market= 89

Attached Condos Sold in March, April, May of 2006′:
Total = 77,  Average Price= $1.08Mil, Median Price= $850,000, Days on Market= 95

We have found similar results in other high end coastal communities such as Newport Coast, Corona Del Mar and Laguna Beach.  If you would like to view all homes or condos listed for sale in Newport Beach, CA., visit our website at:  Newport Beach Homes and Condos.

Newport Beach CA Home and Condo Prices is a post from: Orange County Real Estate Blog

This craftsman property boasts of  a private sparkling pool and soothing spa surrounded by a private courtyard, perfect for entertaining. Elegant formal living and dining rooms plus casual dining off the kitchen which looks out onto multiple family rooms one which is a Billiard room. There is an an office adjacent to the downstairs master bedroom with a partners desk plus a dedicated fax/ copier room storage. There are 4 bedrooms and 2 bathrooms on the second level over the main house plus additional guest quarters above the 3 car garage. The guest quarters include a bedroom 1.5 bathrooms a gym/sitting room. Floor to ceiling windows in the downstairs lets in maximum light Great location on one of the best streets in Baycrest.

Baycrest South was developed in the early to mid 1960′s by Lyons and Cashion.  The orginal development consisted of three expansive floor plans as follows:  Plan 2 – 4 bedrooms, 3 baths, 2,445 square feet,  Plan 3 – 4 bedrooms, 3 baths, 2,557 square feet,  Plan 5 – 5 bedrooms, 3.5 baths, 3,210 square feet.  Each model caem with a 3 car garage, and since that time, many of the homes in this fine community have been expanded and added onto.  The streets that comprise of Baycrest Newport Estates are:  Santiago Dr., Antigua Way and Hampshire Circle.  This subdivision is located in the Dover Shores area of Newport Beach, and is adjacent to the Upper Newport Bay Eco Reserve.  

For the current asking price of the above featured home, or to view any home listed for sale in Newport Beach, please feel free to call us at:  949-388-3396, or email us at: Info@OCRealtyGroup.com   or Text Message at:  949-283-4679   This featured home is Listed by Keith Randle of Coldwell Banker Previews International

Baycrest South Estate for Sale, Newport Beach, CA. is a post from: Orange County Real Estate Blog

Type:

Property Description: Great sinlge level home located in superb Harbor Highlands location situated on large 8,100 square foot corner lot. Remodeled Kitchen with granite tops, baths, refinished oakwood floors, new windows, new roof, new stucco, lighting, crown molding, and much more!!!  Huge yard can easily accommodate a room addition. This is a Short Sale and the seller wants this home sold fast.

Financing: Conventional financing with 10% or 20% down is available.  Great News ! – Rates have recently dropped to 6.6% with No Points for Jumbo loans greater then $417,000.  Seller Motivated..

Contact: To view this Bank Foreclosed home, feel free to Call Us at:  949-388-3396, or email us at:  Info@SearchOCHomes.com , or Text Message at:  949-283-4679. We’re easy to talk too.  Let us negotiate a great price for you on this short sale property for sale in Orange County.  Join our FREE and No Obligation Bank Foreclosure and Short Sale home finder service at:  www.OCBargainHomes.com

Newport Beach CA. Short Sale – 3 Bdrm Detached Home is a post from: Orange County Real Estate Blog