Newport Beach Real Estate

2012 has been a busy year for Newport Beach Real Estate as many home and condos buyers are back in the market and prices are starting to inch their way up.  In a typical slow fall and winter season we are seeing a huge activity of buyers actively looking to buy.  One of the main reasons their such a huge demand and a low supply is that many home buyers believe that we have already passed the bottom of the market and they are doing whatever it takes to buy while prices are still low. 

One of the main problems is the lack of inventory.  If you are looking for a condo then you will be surprised to learn that you can still find a quality condo in the Newport Beach area for under $600,000.  One of the communities we like is the Brookview II condos in the

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Terraces condos in the Corona Del Mar area of Newport Beach offer the only 55+ senior community in Newport Beach, California. If you are lucky enough to be older than 55 year old then you are eligible to buy in this community. Located just 1 block to the new Oasis community center and 5 short blocks to the beach is the luxury development called the "Terraces.". The Terraces offer two bedroom, two bath single level condos with a two car attached garage and indoor laundry. There is a community pool, spa and clubhouse facility with canyon views. The clubhouse has many senior activities and events for the residents. Currently, there are no condos being offered for sale but expect condo prices to range from 700,000 to $950,000 depending on location and…

Newport Beach has an abundance of water front homes and condos for sale.  Depending on what part of the city you want to live will determine the right community for you.  The Corona Del Mar area of Newport Beach is an excellent place to live with easy access to local shopping and restaurants that line Pacific Coast Hwy and lead into the central Newport Beach area.  Along the coast in Corona Del Mar you will find a special place call Chanel Reef.  Channel Reef Condo building has been around since the early 1960's and was one of the earlier water front condos to be built in the area.  The condo building has a prime location and includes a secure gated area as well as a salt water pool and potential boat slips when available.  If you are looking for grand

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Newport Canyon is one of the more popular communities in the Newport Beach area. In 2012 we have seen some great sales in this community even though Newport Beach is experiencing record low inventory of housing. In 2012, Newport Canyon has had 3 sales ranging from $773,500 to $1,260,000.

• 3061 Corte Portofino sold for $888,500 on 3/20/12
• 3178 Corte Hermosa sold for $915,000 on 4/26/12
• 3121 Corte Linda sold for $1,260,000 on 8/5/12

Currently there are 2 number of homes for sale raining from $1,150,000 to $1,195,000. If you are looking to buy in this popular community make sure to watch the market closely for new listings. Distressed properties like short sale and foreclosure properties tend to sell quicker than standard sale properties. Make

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Newport Beach is home to many smaller islands where you will find a small number of ultra luxury homes located directly on the water front. These bay front properties are the most covenant homes to be found in Newport Beach. We are often asked which is more expensive, Harbor Island or Bay Island?  Over the years, Harbor Island has had record sales, with the top sale at $26 million dollars for a l andmark Georgian Colonial Harbor Island trophy estate, situated on a double lot .

Currently, Bay island sports one of the most expensive bay front homes on the market, currently priced at $21,900,000 with the highest report sale in our multiple listing service at $6,982,500.  Keep in mind that even those these island are located fairly close to each other when

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Newport Beach has an abundance of beach front properties and can best be found around the Newport Beach Pier area. These homes located near the public boardwalk where miles of beaches sits in your own backyard. If you are looking for a beach front condo in the Newport Beach area then we recommend the Balboa Peninsula neighborhood. Here you will find condos located near the sand situated between the Pacific Ocean and the Newport Bay next to the Balboa Island Ferry.  The majority of beach front property will be detached single family homes so contact us for your specific needs..

In 2012, we have seen 15 numbers of sales for beach front homes as low as $1,650,000 with the inventory of these types of properties at historic lows. We truly believe that

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Newport Beach is a great place to find condos in many different areas.  If you are looking for a newer construction style condo then you may want to consider the Promenade Court condos in the West Bay area of Newport Beach.  The West Bay neighborhood is close to the Santa Ana Country Club near the 73 and 55 freeways.  In 2007, 20 new construction condos were built and sold in the mid $500,000 range.  Fast forward to 2012 and you will find these condos being offered for sale for just under $500,000.  The condos feature two bedrooms, two baths with a bonus loft area.  All the condos also come with a 2 car garage making it ideal for condo buyers.  As you can expect in a newer construction building you will find modern amenities and finishes.  The community…

Newport Beach condos come in all shapes and views depending on what part of Newport Beach you are looking to call home.  Most condo buyers moving in to the Newport Beach area want some kind of a view.  Views can vary from ocean to water views to views of the canyon and hills.  If you are in the market for a water view condo then there are a few key areas you should start your search.  Of course, budget always comes into play as price ranges can vary a lot and currently range from $300,000 to $3 million dollars. 

1) Start your search around the Balboa Peninsula area.  Condos in this area are abundant and if you can find the ideal condo along the Newport Bay then the views will be spectacular.  The Peninsula is a mixture of condos, homes and multi-unit

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For those who love the outdoors and sailing their is no better place to live in Orange County than Newport Beach!  As one of the top sailing hot spots, Newport Beach has no shortage of water front properties.  In fact, you will find more water front communities in Newport Beach than any other beach town in Southern California.  Due to the high concentration of these bay front homes, home buyers are often seeking properties that have boat slips included with the sale.  Boat slips can vary in size depending on the size of the property and it's location. 

The very upper end of the marketplace will often have multiple boat slips included with the sale of the property.  Communities like Harbor Island, for example will have homes listed well above $10 million

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The Corona Del Mar area of Newport Beach is home to many wonderful communities located near the beach.  If you are looking for a gated community near the beach with home prices under the $1,000,000 price point then the Jasmine Park neighborhood should be on your list.  Jasmine Park homes were built in 1986 in the Traditional architectural style with the large majority of the homes being two story.  The community is ideally situated near the beach and high enough to enjoy wonderful ocean and Catalina Island views.  The neighborhood itself is very clean and is located within an association that covers the community pool and spa area.

Jasmine Park Home prices have varied over the years.  At the height of the market these homes sold for as high as $1.5

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