As many Orange County, California residents can attest, Newport Coast is a very desirable community to live in. With an excellent school system, great restaurants, fabulous shopping, and beautiful weather, it is worth the price one pays to claim the Newport Coast zip code! Speaking of price, here’s a break down of the for sale, sold, and in escrow homes in Newport Coast, California. For information on any of these properties, contact an experience Orange County real estate agent!
Currently, there are 88 detached homes for sale in Newport Coast. With a median price of $3,775,000 and an average price per square foot of $834, these gorgeous homes boast ocean views and fine living. You can snatch up a 4 bedroom, 3 bath gem for $1,149,000 or really buy a piece of Newport Coast living for a cool $37,000,000! This 8 bedroom, 17 bathroom home boast 17,706 square feet of living area and is a dream home for entertaining discerning guests.
There are 14 properties currently in escrow in Newport Coast, with a median value of $2,149,000. These in escrow properties range in price from a low of $1,299,000 for a 3 bedroom, 4 bath tract home to a maximum price of $4,999,000 for a Pelican Hill home with 4 bedrooms, 6 baths, and 6,342 square feet of living area.
In the past 3 months (early 2012), 40 detached homes have sold and closed escrow in Newport Coast. These sold homes had a median price of $1,680,000 with an average price per square foot of $576. As you can see, home prices in Newport Coast are going up! If you are interested in buying a Newport Coast home for investment or personal purposes, now is the time — lock in a lower per square foot rate! The sold homes range in price from a low of $910,000 for a detached 3 bedroom, 3 bath, 2,241 square foot home to a whopping $11,000,000 for an estate property comprising of 6 bedrooms, 10 baths, and a spacious 13,600 square feet.
For more Orange County real estate news and happenings, follow Cheryl on Twitter @CherylSellsOC or check her on Facebook at CherylSellsOrangeCounty.
Cheryl Marquis has been an active and successful real estate agent in South Orange County, California for more than 25 years. As a TOP PRODUCER in her company, Cheryl has received the specific accreditation of a Certified Relocation Specialist (CRS) and Accredited Buyers Agent (ABR) and is a member of the Who’s Who of Luxury Real Estate, a select network of the world’s leading luxury home agents. Cheryl is a member of C.A.R. (California Association of Realtors), N.A.R. (National Association of Realtors) and O.C.A.R. (Orange County Association of Realtors). To talk to Cheryl about buying or selling a home in Orange County, call her at 949.683.1501 or visit her online at www.CherylSellsOC.com.
