Newport Beach Short Sale Condominiums report.

This analysis is brought to you by the experts at the ShortSalesASAP group, who specialize in short sale negotiations, marketing and sales here in Newport Beach . This article will report the statistics for Active for Sale and Sold standard listing properties, as compared to short sales. Currently, there are 90 detached homes listed for sale in Newport Beach , California. The median price of these homes for sale is $725,000 and the average price per square foot is $459 . 18 of these active listings are short sales, which represent 20% of the total inventory of detached homes for sale. The median price of these short sale properties is $425,000 and the average price per square foot is $328 .

For condominiums in escrow, there are now 41 attached units under contract, with a median price of $545,000 . Of this number, 20 are short sales, which calculates to be 49% of the total pending units, and the median price is $419,000 .

For the past 90 days, there have been a total of 40 condo sales with a median price of $540,000 , and an average price per square foot of $361 in the City of Newport Beach . Also, there were 6 short sale condos that sold, which was 15% of the total number of units sold in this period. The median price of the sold short sale condos was $485,000 , and the average price per square foot was $307 .

If you would like more information about short sale real estate, feel free to click the following link to visit our website at: Newport Beach Short Sale Homes and Condos for Sale. To speak with a Short Sale Realtor, or to set an appointment, feel free to call: (888) 201-7066, or email us at: Info@ShortSalesASAP.com.