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Foreclosures in Newport Beach, CA

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Newport Beach, CA Foreclosures

How much do homes sell for in Newport Beach, CA?
The average home price is currently $3,862,993.
In Newport Beach, CA, how many homes are available?
There are currently 38 active home listings available in Newport Beach.
What’s the average rental cost in Newport Beach, CA?
The average rental price in Newport Beach is $4,444.
What is the most expensive home in Newport Beach?
The most expensive home sold in Newport Beach had a price of $120,813,876.
What is currently the cheapest priced home in Newport Beach, CA?
The cheapest home for sale in Newport Beach is priced at $11,136.

Living in Newport Beach, CA

Newport Beach, CA is a beautiful coastal city known for its stunning beaches, fine dining, and luxury shopping. It offers a vibrant community with top-ranked schools and a wide range of outdoor activities, including water sports and biking. With its temperate climate and cultural attractions, Newport Beach is the perfect place for families and professionals alike.

Current Market Conditions in Newport Beach, CA

The real estate market in Newport Beach is currently experiencing a strong demand for both residential and investment properties. The coastal location and high-quality living standards keep home prices elevated, with many buyers willing to invest for a piece of the beach lifestyle. Today's market is characterized by low inventory levels, which continue to drive prices up, leading to a competitive environment for buyers.

Luxury homes are particularly sought after, with many properties in the million-dollar range attracting attention from affluent buyers. However, the demand isn't limited to luxury. Mid-range and entry-level homes are also moving quickly as families and younger professionals look to settle in the area.

Home Value Estimator For Newport Beach, CA

There are currently 22,342 real estate properties in Newport Beach, CA, with a median automated valuation model (AVM) price of $3,214,649.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Newport Beach, CA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Newport Beach, CA, is $3,862,993.00, with the most expensive house in Newport Beach, CA, topping out at $120,813,876.00 and the cheapest home in Newport Beach, CA, clocking in at $11,136.00. In other words, there’s something for every potential homebuyer or savvy investor in Newport Beach, CA!

Rent Prices In Newport Beach, CA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Newport Beach, CA, is on a rollercoaster ride. The average rent price in Newport Beach, CA, is $4,444.00. Indeed, when looking to rent in Newport Beach, CA, you can expect to pay as little as $1,250.00 or as much as $8,260.00, with the average rent median estimated to be $4,230.00. The good news is that finding an affordable and desirable property to rent in Newport Beach, CA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Newport Beach, CA Foreclosures

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