Key Metrics 2012 2013 Percent Change Thru 4-2012 Thru 4-2013 Percent Change New Listings 89 88 - 1.1% 1,036 945 - 8.8% Pending Sales 74 70 - 5.4% 565 739 + 30.8% Closed Sales 60 79 + 31.7% 543 738 + 35.9% Days on Market Until Sale 124 86 - 30.6% 123 112 - 8.9% Median Sales Price* $1,320,000 $1,575,000 + 19.3% $1,347,750 $1,450,000 + 7.6% Average Sales Price* $1,608,425 $2,024,870 + 25.9% $1,597,298 $1,799,150 + 12.6% Percent of Original List Price Received* 91.9% 94.8% + 3.2% 90.7% 92.8% + 2.3% Inventory of Homes for Sale 375 190 - 49.3% -- -- -- Months Supply of Inventory 8.0 3.1 - 61.3% -- -- -- * Does not account for seller concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size. Key Metrics 2012 2013 Percent Change Thru 4-2012 Thru 4-2013 Percent Change New Listings 36 32 - 11.1% 379 332 - 12.4% Pending Sales 23 33 + 43.5% 242 283 + 16.9% Local Market Update for April 2013 A Research Tool Provided by the Pacific West Association of REALTORS® Newport Beach Orange County April Last 12 Months April Last 12 Months Single Family Townhouse-Condo Pending Sales 23 33 + 43.5% 242 283 + 16.9% Closed Sales 17 32 + 88.2% 227 289 + 27.3% Days on Market Until Sale 120 67 - 44.2% 137 95 - 30.7% Median Sales Price* $450,000 $707,500 + 57.2% $535,000 $600,000 + 12.1% Average Sales Price* $537,588 $781,296 + 45.3% $602,155 $685,914 + 13.9% Percent of Original List Price Received* 94.1% 98.7% + 4.9% 90.4% 95.4% + 5.5% Inventory of Homes for Sale 124 43 - 65.3% -- -- -- Months Supply of Inventory 6.1 1.8 - 70.5% -- -- -- * Does not account for seller concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size. Current as of May 6, 2013. All data comes from CRMLS. Powered by 10K Research & Marketing. Percent changes are calculated using rounded figures. Newport Beach — All PWR Areas — All PWR Areas — Newport Beach — $250,000 $500,000 $750,000 $1,000,000 $1,250,000 $1,500,000 $1,750,000 $2,000,000 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 Median Sales Price – Single Family Rolling 12-Month Calculation $200,000 $300,000 $400,000 $500,000 $600,000 $700,000 $800,000 $900,000 1-2008 1-2009 1-2010 1-2011 1-2012 1-2013 Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation Current as of May 6, 2013. All data comes from CRMLS. Powered by 10K Research & Marketing. Percent changes are calculated using rounded figures.
5
Embed
Newport beach real estate market report april 2013
This document is posted to help you gain knowledge. Please leave a comment to let me know what you think about it! Share it to your friends and learn new things together.
* Does not account for seller concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.
* Does not account for seller concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.
Current as of May 6, 2013. All data comes from CRMLS. Powered by 10K Research & Marketing. Percent changes are calculated using rounded figures.
Newport Beach — All PWR Areas — All PWR Areas —
Newport Beach —
$250,000
$500,000
$750,000
$1,000,000
$1,250,000
$1,500,000
$1,750,000
$2,000,000
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013
Median Sales Price – Single FamilyRolling 12-Month Calculation
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
$800,000
$900,000
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
Current as of May 6, 2013. All data comes from CRMLS. Powered by 10K Research & Marketing. Percent changes are calculated using rounded figures.
Winner
Typewritten text
Jay Valento, Realtor® Main Street Realtors 877-300-9959 direct line
* Does not account for seller concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.
* Does not account for seller concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.
Current as of May 6, 2013. All data comes from CRMLS. Powered by 10K Research & Marketing. Percent changes are calculated using rounded figures.
92660 – Newport Beach — All PWR Areas — All PWR Areas —
92660 – Newport Beach —
$250,000
$500,000
$750,000
$1,000,000
$1,250,000
$1,500,000
$1,750,000
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013
Median Sales Price – Single FamilyRolling 12-Month Calculation
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
Current as of May 6, 2013. All data comes from CRMLS. Powered by 10K Research & Marketing. Percent changes are calculated using rounded figures.
Winner
Typewritten text
Jay Valento, Realtor® Main Street Realtors 877-300-9959 direct line
* Does not account for seller concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.
* Does not account for seller concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.
Current as of May 6, 2013. All data comes from CRMLS. Powered by 10K Research & Marketing. Percent changes are calculated using rounded figures.
92661 – Newport Beach — All PWR Areas — All PWR Areas —
92661 – Newport Beach —
$0
$500,000
$1,000,000
$1,500,000
$2,000,000
$2,500,000
$3,000,000
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013
Median Sales Price – Single FamilyRolling 12-Month Calculation
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
$1,600,000
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
Current as of May 6, 2013. All data comes from CRMLS. Powered by 10K Research & Marketing. Percent changes are calculated using rounded figures.
Winner
Typewritten text
Jay Valento, Realtor® Main Street Realtors 877-300-9959 direct line
* Does not account for seller concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.
Local Market Update for April 2013A Research Tool Provided by the Pacific West Association of REALTORS®
92662 – Newport BeachOrange County
April Last 12 Months
April Last 12 MonthsSingle Family
Townhouse-Condo
Pending Sales 0 0 0 1
Closed Sales 0 0 -- 0 1 --
Days on Market Until Sale 0 0 -- 0 508 --
Median Sales Price* $0 $0 -- $0 $950,000 --
Average Sales Price* $0 $0 -- $0 $950,000 --
Percent of Original List Price Received* 0.0% 0.0% -- 0.0% 79.2% --
Inventory of Homes for Sale 1 0 - 100.0% -- -- --
Months Supply of Inventory 0.0 0.0 -- -- -- --
* Does not account for seller concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.
Current as of May 6, 2013. All data comes from CRMLS. Powered by 10K Research & Marketing. Percent changes are calculated using rounded figures.
92662 – Newport Beach — All PWR Areas — All PWR Areas —
92662 – Newport Beach —
$0
$500,000
$1,000,000
$1,500,000
$2,000,000
$2,500,000
$3,000,000
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013
Median Sales Price – Single FamilyRolling 12-Month Calculation
$0
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
Current as of May 6, 2013. All data comes from CRMLS. Powered by 10K Research & Marketing. Percent changes are calculated using rounded figures.
Winner
Typewritten text
Jay Valento, Realtor® Main Street Realtors 877-300-9959 direct line
* Does not account for seller concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.
* Does not account for seller concessions and/or down payment assistance. Note: Activity for one month can sometimes look extreme due to small sample size.
Current as of May 6, 2013. All data comes from CRMLS. Powered by 10K Research & Marketing. Percent changes are calculated using rounded figures.
92663 – Newport Beach — All PWR Areas — All PWR Areas —
92663 – Newport Beach —
$0
$500,000
$1,000,000
$1,500,000
$2,000,000
$2,500,000
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013
Median Sales Price – Single FamilyRolling 12-Month Calculation
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
1-2008 1-2009 1-2010 1-2011 1-2012 1-2013
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
Current as of May 6, 2013. All data comes from CRMLS. Powered by 10K Research & Marketing. Percent changes are calculated using rounded figures.
Winner
Typewritten text
Jay Valento, Realtor® Main Street Realtors 877-300-9959 direct line