The graphs below show the relationship between the active, sold and contingent properties in our market area defined by Newport Beach, Newport Coast, Corona del Mar and Eastside Costa Mesa. For more information or if you would like to receive constant updates please fill out our contact form on the About page.

 

Real Estate Statistics

 

The above graph shows the relationship of the average sales price versus the average list price of the properties in this market. It compares the cumulative year-to-date numbers up to the month of May from 2007 to 2011. The graph depicts a 48% difference between the average list price and final sales price so far in 2011. It also shows a decrease in the average sales price from the highpoint in May of 2007 to May of 2011 of 37% in Newport Beach, Newport Coast, Corona del Mar and Eastside Costa Mesa.

 

Real Estate Statistics

 

The above graph shows the relationship of the number of active listings versus the number of actual sold properties. It compares the cumulative year-to-date numbers in the month of May from 2007 to 2011. Looking at the number of sales from 2009 to now, we have seen an increase of 40% in the number of closed transactions and a decrease in the active number of listings by 23% in Newport Beach, Newport Coast, Corona del Mar and Eastside Costa Mesa.

 

Real Estate Statistics in Newport Beach

 

The above graph shows the number of contingent (in escrow) properties Year-to-Date through the month of April in Newport Beach, Newport Coast, Corona del Mar and Eastside Costa Mesa.

 

For more information and your own individual market analysis contact:

Evan Corkett – [email protected] Steve High – [email protected]