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Newport Coast DATA*

FEB 2012

FEB 2013

% CHANGE

Median Price ..........................................................

$1,562,500

$3,300,000

111.2%

Average Price per Square Foot ...........................

$761

$806

5.9%

Properties Sold .......................................................

14

15

7.1%

Properties Pending Sale .......................................

10

19

90.0%

Properties For Sale ................................................

120

80

-33.3%

Days on Market (Pending Sale) ...........................

90

58

-35.6%

Month’s Supply of Inventory ................................

8.6

5.3

-37.8%

Percent Under Contract ........................................

8.3%

23.8%

185.0%

Average Median Price for Last 12 Months ........

$1,948,000

$2,188,673

12.4%

*Information obtained from Broker Metrics, The MLS and Foreclosure Radar for all areas in Los Angeles Mirco Market Report. Statistics are subject to change due to individual real estate company reporting disciplines.

S A L E S

(in hundred thousands)

$3.300

P R I C E

yearly trend

M E D I A N

$1.563

FEB

MAR

APR

MAY

Micro Market Report : February 2013

JUN

JUL

AUG

SEP

OCT

NOV

DEC

JAN

FEB

Orange County Micro Market Report: February 2013  

The report is in response to our observation that the media’s focus, headlines, and articles revolve around housing data at a macro level an...