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 sure that your local Realtor put you on an auto notifier so you will be alerted when new listings come on the market. If you are a seller in today's market then you have a small window of opportunity to sell while homes are selling quickly and for top dollar due to the low inventory of homes. Newport Canyon is a great place to live and we look forward to helping you with your search