Corona Del Mar and Newport Coast Real Estate

Current Report:  Jun. 30, 2010 

1. There are currently 18 Properties Listed For Sale in the Corona Del Mar Cameo Shores and Shore Cliffs area.
2. Average List Price per sq. ft. =  $1,303.16 (A Decrease)
3. Average sq. ft. of Properties for Sale = 3,767
4. Average Days On Market = 206 (Slight Increase)
5. There is 1 Property "Pending" Sale
6. There have been 1 Properties Sold since Apr. 1, 2010
7. Average Sold price per square foot = $770.60
8. Average Sold Price as a % of List Price = 94.55%
9. Average Sold Price as a % of Original List Price = 89.53% 

http://www.coronadelmarnewportcoastrealestate.com/00543A

Current Report:  Jun. 30, 2010

Corona Del Mar Real Estate - Spyglass - Harbor Ridge

1. There are currently 24 Properties Listed For Sale in the Corona Del Mar - Spyglass - Harbor Ridge.  (An Increase)
2. Average List Price per sq. ft. =  $598.14 (A Decrease)
3. Average sq. ft. of Properties for Sale = 4,077
4. Average Days On Market = 169 (No Change) 
5. There are currently 2 Properties that are "Pending" Sale
6. There have been 7 Properties Sold since Apr. 1, 2010 (Slight Increase)
7. Average Sold price per square foot = $595.04 (An Increase)
8. Average Sold Price as a % of List Price = 96.61%   (An Increase)
9. Average Sold Price as a % of Original List Price = 85.57%

http://www.coronadelmarnewportcoastrealestate.com/005439

Current Report:  Jun. 30, 2010 

1. There are currently 21 Properties Listed For Sale in the Corona Del Mar Harbor View area.
2. Average List Price per sq. ft. =  $772.13 (A Decrease)
3. Average sq. ft. of Properties for Sale = 2,919
4. Average Days On Market = 112 (Slight Increase)
5. There have been 14 Properties Sold since Apr. 1, 2010 (An Increase)
6. Average Sold price per square foot = $585.84 (An Increase)
7. Average Sold Price as a % of List Price = 93.93%
8. Average Sold Price as a % of Original List Price = 92.64% 

http://www.coronadelmarnewportcoastrealestate.com/005438

Current Report:  June. 30, 2010

Corona Del Mar Real Estate - The Village

1. There are currently 110 Properties Listed For Sale in the Corona Del Mar - Village Area.  (No Change)
2. Average List Price per sq. ft. =  $1,302.82 (A Slight Increase)
3. Average sq. ft. of Properties for Sale = 2,244
4. Average Days On Market = 123 (An Increase) 
5. There are currently 8 Properties that are "Pending" Sale
6. There have been 34 Properties Sold since April. 1, 2010 (An Increase)
7. Average Sold price per square foot = $767.68 (A Decrease)
8. Average Sold Price as a % of List Price = 93.59%  (No Change)
9. Average Sold Price as a % of Original List Price = 88.61%

http://www.coronadelmarnewportcoastrealestate.com/005437

Sure, everyone knows the recovery is taking a longer and harder road than most thought. But, I still see signs that Coastal areas are holding thier own, and will be the first to show good rebounds. Here is some new data out for Home Sales ... note the details for Corona Del Mar and Newport Coast Real Estate. Sales activity and prices both show sharp gains... may not be able to sit on the sideleines much longer... this Fall may turn out to be the Real Estate Buying Oppurtunity for Corona Del Mar and Newport Coast...

Fifty-four of O.C.'s 83 ZIP codes had gains in their respective median selling price. (Highlighted in green below!) Overall, prices were up 7.1% vs. a year ago. Five of O.C.'s ZIPs had median sales prices above $1 million in the period vs. 11 million-dollar ZIPs when the county median price peaked in June 2007. Since that pricing pinnacle, there's been a 30% drop in the countywide median price! Fifty-nine of O.C.'s ZIPs had year-over-year sales gains in the period. Overall, sales were up 11.5% vs. a year ago. Thirty-seven ZIP codes had gains in both sales and prices. Three of O.C.'s ZIPs has sales gains of 100% or more in the period

CITY                           ZIP           PRICE             CHANGE    SALES   YR CHANGE

Corona del Mar

92625

$1,737,500

+54.4%

22

+57.1%

Newport Coast

92657

$1,849,000

+19.2%

26

+52.9%

http://www.coronadelmarnewportcoastrealestate.com/005412