Newport Beach Introduction

Newport Beach, Ca photo image of Newport Harbor, Figures on population, households, median income, employment, median prices of detached and attached homes Dec 2011 and 2012

Known for its picturesque views of the Pacific Ocean, world-class harbor, beaches and outdoor living, the city epitomizes the quintessential southern California lifestyle. It is recognized as one of the top ten resort communities in the United States and is among the most prestigious. Newport Beach offers the most affluent lifestyle in Orange County and  a wide selection of luxury living choices.

 The majority of the sales in the City of Newport Beach during 2012 were concentrated in price ranges between $1.0 million and $2.5 million. If you are searching for a home priced at under $1.0 million , concentrate you search among attached (townhouse and condominium) listings. Detached sales begin in volume at prices over $1.0 million  and are concentrated in prices between $1.0 million and $3.0 million. Newport Beach has some of the most expensive homes in California. Out  of 25 zip codes in California with a high number of sales made at prices over $1.0 million, three were in Newport Beach.

Median Prices have been increasing since the middle of 2012. The median price (half the homes sell above this price, half below) of detached home sales was $1.82 million  in March 2013, that of attached homes, $860,000.

Neweport Sales by Price Range Feb 2012 to Jan 2013 Newport Beach Median Price Attached & Detached

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