Irvine Terrace Newport Beach Market Update 2012

Posted by Sam Smith on Thursday, November 29th, 2012 at 12:48am.

Irvine Terrace in Newport Beach has seen a very healthy number of sales in 2012.  Since January 01, 2012 there have been 10 properties that have sold in the Irvine Terrace community ranging from $1,200,00 to $5,200,000.  This averages out to selling at $953.50 a square foot.  It's important to note that all of these were non distressed sales expect for one bank owned property.  These standard sales show a healthy economy and will continue to grow strong in 2013. 

Currently there are three homes for sale in Irvine Terrace that range from $1,595,000 to $5,500,000.  These prices reflect homes on the smaller scale to larger homes with expansive water views.  2 Properties are currently in back-up status at $1,250,000 and $1,935,000 and 2 pending sales at $2,395,000 and $6,100,000.

Irvine Terrace is one of the popular communities to live and is located in the heart of Corona Del Mar in Newport Beach.  Select Irvine Terrace homes will have commanding views of the Newport Harbor and Balboa Island which are truly breathtaking.  Fashion Island and Balboa Island are just minutes by bike or car as many boast this as the ideal location in Newport Beach.  If you are interested in learning more about the current homes for sale in Irvine Terrace please click on the link below and contact us today.

Irvine Terrace Market Update 11-28-12 | Newport Beach Real Estate

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