Property prices for sale in Newport Beach (California)
The prices in real estate in Newport Beach, in the California region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.
The price per sq.feet in Newport Beach has increased during the last 6 months. In October, the average price per sq.feet was $1,337. In the following month the price per sq.feet increased to $1,454. In the following two months the price per sq.feet has barely changed, going from $1,395.5 to $1,432 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $1,413.75 to $1,478 during February y March
Based upon to the price in Newport Beach (cities), this has gone up considerably in the last 6 months. The price in October is $3,352,485, rising in November till $3,763,749. During the following two months (December, January) the price has had an average incrementation from $3,558,117 to $4,085,440.5. Based on an analysis of the first four prices and the last two months the average price has gone up 114 % during the last two months.
The graph displaying the average price for bedrooms illustrates that those properties with 2 bedrooms are the cheapest ones. At a price of $4,425,232 they are 59 % more affordable than the average price for Newport Beach. The properties with the highest average price have 4 bedrooms, Their price is 13 % more costly than the average. After that we have properties with 3 bedrooms priced at $3,292,597.
With regard to the average price per sq.feet , those properties with 2 bedrooms are the cheapest ones at a cost of $1,314 / sq.feet, with an average $1,554 / sq.feet price in Newport Beach. The properties with the highest average prices have 1 bedroom. They are 221 % more expensive than the average followed by properties with 3 bedrooms with a price at $1,634 / sq.feet.
The graph displaying the average prices displays the property type "Townhouse" as the most affordable one. At an cost of $4,425,232 it is 57 % cheaper than the average price in Newport Beach. "Condo" is seen as the second most affordable property type. The dearest property type is "House" followed by "Duplex". At a price of $4,047,500 it is 28 % more expensive than the average price.
According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $1,157 / sq.feet followed by "Townhouse" priced at $1,252 / sq.feet. "Apartment" is the most costly type of property with a $6,570 / sq.feet cost followed by "Duplex" with an average price of $2,032 / sq.feet.
