Newport Beachelevatednetwork.com/account/apps/cabinet/uploads/1084... · 2016-01-31 · Newport...
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Key Metrics 2014 2015 Percent Change Thru 12-2014 Thru 12-2015 Percent Change New Listings 31 36 + 16.1% 980 998 + 1.8% Pending Sales 31 50 + 61.3% 616 680 + 10.4% Closed Sales 53 46 - 13.2% 612 652 + 6.5% Days on Market Until Sale 99 102 + 3.0% 92 98 + 6.5% Median Sales Price* $1,725,000 $1,845,000 + 7.0% $1,750,000 $1,819,000 + 3.9% Average Sales Price* $1,782,262 $2,286,766 + 28.3% $2,170,461 $2,227,886 + 2.6% Percent of Original List Price Received* 94.3% 93.3% - 1.1% 93.7% 93.9% + 0.2% Inventory of Homes for Sale 220 176 - 20.0% -- -- -- Months Supply of Inventory 4.3 3.1 - 27.9% -- -- -- * Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size. Key Metrics 2014 2015 Percent Change Thru 12-2014 Thru 12-2015 Percent Change New Listings 15 22 + 46.7% 369 381 + 3.3% Pending Sales 11 24 + 118.2% 242 264 + 9.1% Closed Sales 16 12 - 25.0% 242 253 + 4.5% Days on Market Until Sale 72 94 + 30.6% 84 90 + 7.1% Median Sales Price* $777,500 $767,500 - 1.3% $737,500 $785,000 + 6.4% Average Sales Price* $893,366 $788,100 - 11.8% $874,052 $963,891 + 10.3% Percent of Original List Price Received* 94.3% 95.3% + 1.1% 95.3% 95.5% + 0.2% Inventory of Homes for Sale 77 65 - 15.6% -- -- -- Months Supply of Inventory 3.8 3.0 - 21.1% -- -- -- * Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size. Current as of January 5, 2016. All data comes from CRMLS. Powered by ShowingTime 10K. Percent changes are calculated using rounded figures. Newport Beach — — s a e r A R W P l l A — s a e r A R W P l l A Newport Beach — Local Market Update for December 2015 A Research Tool Provided by the Pacific West Association of REALTORS® Newport Beach Orange County December Last 12 Months December Last 12 Months Single Family Townhouse-Condo $250,000 $500,000 $750,000 $1,000,000 $1,250,000 $1,500,000 $1,750,000 $2,000,000 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 Median Sales Price – Single Family Rolling 12-Month Calculation $200,000 $300,000 $400,000 $500,000 $600,000 $700,000 $800,000 $900,000 1-2010 1-2011 1-2012 1-2013 1-2014 1-2015 Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
Transcript of Newport Beachelevatednetwork.com/account/apps/cabinet/uploads/1084... · 2016-01-31 · Newport...
Key Metrics 2014 2015 Percent Change Thru 12-2014 Thru 12-2015 Percent Change
New Listings 31 36 + 16.1% 980 998 + 1.8%
Pending Sales 31 50 + 61.3% 616 680 + 10.4%
Closed Sales 53 46 - 13.2% 612 652 + 6.5%
Days on Market Until Sale 99 102 + 3.0% 92 98 + 6.5%
Median Sales Price* $1,725,000 $1,845,000 + 7.0% $1,750,000 $1,819,000 + 3.9%
Average Sales Price* $1,782,262 $2,286,766 + 28.3% $2,170,461 $2,227,886 + 2.6%
Percent of Original List Price Received* 94.3% 93.3% - 1.1% 93.7% 93.9% + 0.2%
Inventory of Homes for Sale 220 176 - 20.0% -- -- --
Months Supply of Inventory 4.3 3.1 - 27.9% -- -- --
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
Key Metrics 2014 2015 Percent Change Thru 12-2014 Thru 12-2015 Percent Change
New Listings 15 22 + 46.7% 369 381 + 3.3%
Pending Sales 11 24 + 118.2% 242 264 + 9.1%
Closed Sales 16 12 - 25.0% 242 253 + 4.5%
Days on Market Until Sale 72 94 + 30.6% 84 90 + 7.1%
Median Sales Price* $777,500 $767,500 - 1.3% $737,500 $785,000 + 6.4%
Average Sales Price* $893,366 $788,100 - 11.8% $874,052 $963,891 + 10.3%
Percent of Original List Price Received* 94.3% 95.3% + 1.1% 95.3% 95.5% + 0.2%
Inventory of Homes for Sale 77 65 - 15.6% -- -- --
Months Supply of Inventory 3.8 3.0 - 21.1% -- -- --
* Does not account for seller concessions and/or down payment assistance. | Activity for one month can sometimes look extreme due to small sample size.
Current as of January 5, 2016. All data comes from CRMLS. Powered by ShowingTime 10K. Percent changes are calculated using rounded �gures.
Newport Beach — — saerA RWP llA — saerA RWP llA
Newport Beach —
Local Market Update for December 2015A Research Tool Provided by the Paci�c West Association of REALTORS®
Newport BeachOrange County
December Last 12 Months
December Last 12 MonthsSingle Family
Townhouse-Condo
$250,000
$500,000
$750,000
$1,000,000
$1,250,000
$1,500,000
$1,750,000
$2,000,000
1-2010 1-2011 1-2012 1-2013 1-2014 1-2015
Median Sales Price – Single FamilyRolling 12-Month Calculation
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
$800,000
$900,000
1-2010 1-2011 1-2012 1-2013 1-2014 1-2015
Median Sales Price – Townhouse-Condo Rolling 12-Month Calculation
