Local Market Update for April 2017 Provided by the Orange County Association of REALTORS ®
CS - Corona Del Mar - Spyglass April
Detached
Year to Date
Key Metrics
2016
2017
Percent Change
Thru 4-2016
Thru 4-2017
Percent Change
New Listings
28
29
+ 3.6%
86
97
+ 12.8%
Pending Sales
16
8
- 50.0%
49
57
+ 16.3%
Closed Sales
11
15
+ 36.4%
45
55
+ 22.2%
Days on Market Until Sale
67
67
0.0%
112
73
- 34.8%
Median Sales Price*
$2,800,000
$2,350,000
- 16.1%
$2,862,500
$2,350,000
- 17.9%
Average Sales Price*
$2,963,091
$2,795,667
- 5.7%
$3,692,754
$2,796,553
- 24.3%
Percent of Original List Price Received*
94.4%
93.8%
- 0.6%
92.8%
93.1%
+ 0.3%
Percent of List Price Received*
95.3%
96.8%
+ 1.6%
95.7%
96.2%
+ 0.5%
Inventory
85
81
- 4.7%
--
--
--
Months Supply of Inventory
6.2
6.1
- 1.6%
--
--
--
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
April
Attached
Year to Date
Key Metrics
2016
2017
Percent Change
Thru 4-2016
Thru 4-2017
Percent Change
New Listings
19
17
- 10.5%
63
79
+ 25.4%
Pending Sales
15
7
- 53.3%
46
37
- 19.6%
Closed Sales
7
5
- 28.6%
27
32
+ 18.5%
Days on Market Until Sale
82
52
- 36.6%
103
93
- 9.7%
Median Sales Price*
$1,480,000
$1,610,000
+ 8.8%
$1,450,000
$1,526,250
+ 5.3%
Average Sales Price*
$1,595,286
$1,752,600
+ 9.9%
$1,481,245
$1,548,077
+ 4.5%
Percent of Original List Price Received*
95.3%
95.7%
+ 0.4%
95.8%
93.0%
- 2.9%
Percent of List Price Received*
97.3%
96.2%
- 1.1%
97.6%
96.2%
- 1.4%
Inventory
43
55
+ 27.9%
--
--
--
Months Supply of Inventory
4.6
6.5
+ 41.3%
--
--
--
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
Median Sales Price – Detached Rolling 12-Month Calculation
Median Sales Price – Attached Rolling 12-Month Calculation Orange County — CS - Corona Del Mar - Spyglass —
$3,000,000
Orange County — CS - Corona Del Mar - Spyglass — $1,750,000 $1,500,000
$2,500,000
$1,250,000 $2,000,000 $1,000,000 $1,500,000 $750,000 $1,000,000
$500,000 2-2012
$500,000
2-2013
2-2014
2-2015
2-2016
2-2017
$250,000 2-2012
2-2013
2-2014
2-2015
2-2016
2-2017
Current as of May 10, 2017. Report provided by the Orange County Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data provided herein is from CRMLS, Inc. and is copyrighted by CRMLS. Report © 2017 ShowingTime.
Local Market Update for April 2017 Provided by the Orange County Association of REALTORS ®
N6 - Newport Heights April
Detached
Year to Date
Key Metrics
2016
2017
Percent Change
Thru 4-2016
Thru 4-2017
Percent Change
New Listings
15
4
- 73.3%
41
37
- 9.8%
Pending Sales
2
3
+ 50.0%
12
19
+ 58.3%
Closed Sales
4
8
+ 100.0%
16
22
+ 37.5%
Days on Market Until Sale
59
116
+ 96.6%
79
97
+ 22.8%
Median Sales Price*
$1,354,500
$1,950,000
+ 44.0%
$1,490,000
$1,950,000
+ 30.9%
Average Sales Price*
$1,431,000
$2,336,500
+ 63.3%
$1,757,063
$2,259,636
+ 28.6%
Percent of Original List Price Received*
95.1%
91.5%
- 3.8%
96.0%
95.5%
- 0.5%
Percent of List Price Received*
95.1%
95.2%
+ 0.1%
97.2%
96.9%
- 0.3%
Inventory
40
27
- 32.5%
--
--
--
Months Supply of Inventory
9.4
6.0
- 36.2%
--
--
--
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
April
Attached
Year to Date
Key Metrics
2016
2017
Percent Change
Thru 4-2016
Thru 4-2017
Percent Change
New Listings
14
14
0.0%
53
55
+ 3.8%
Pending Sales
13
6
- 53.8%
28
35
+ 25.0%
Closed Sales
8
13
+ 62.5%
23
34
+ 47.8%
Days on Market Until Sale
88
58
- 34.1%
81
65
- 19.8%
Median Sales Price*
$613,750
$700,000
+ 14.1%
$623,000
$677,500
+ 8.7%
Average Sales Price*
$722,313
$721,692
- 0.1%
$658,174
$676,485
+ 2.8%
Percent of Original List Price Received*
96.1%
96.9%
+ 0.8%
95.7%
96.8%
+ 1.1%
Percent of List Price Received*
96.4%
98.3%
+ 2.0%
96.3%
98.4%
+ 2.2%
Inventory
37
26
- 29.7%
--
--
--
Months Supply of Inventory
4.8
3.0
- 37.5%
--
--
--
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
Median Sales Price – Detached Rolling 12-Month Calculation
Median Sales Price – Attached Rolling 12-Month Calculation Orange County — N6 - Newport Heights —
$2,250,000
Orange County — N6 - Newport Heights — $700,000
$2,000,000 $600,000 $1,750,000 $500,000
$1,500,000 $1,250,000
$400,000
$1,000,000 $300,000 $750,000 $500,000 2-2012
2-2013
2-2014
2-2015
2-2016
2-2017
$200,000 2-2012
2-2013
2-2014
2-2015
2-2016
2-2017
Current as of May 10, 2017. Report provided by the Orange County Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data provided herein is from CRMLS, Inc. and is copyrighted by CRMLS. Report © 2017 ShowingTime.
Local Market Update for April 2017 Provided by the Orange County Association of REALTORS ®
N8 - West Newport - Lido April
Detached
Year to Date
Key Metrics
2016
2017
Percent Change
Thru 4-2016
Thru 4-2017
Percent Change
New Listings
20
22
+ 10.0%
81
84
+ 3.7%
Pending Sales
13
5
- 61.5%
39
27
- 30.8%
Closed Sales
12
9
- 25.0%
32
29
- 9.4%
Days on Market Until Sale
178
99
- 44.4%
133
69
- 48.1%
Median Sales Price*
$1,700,000
$1,735,000
+ 2.1%
$1,822,500
$1,860,000
+ 2.1%
Average Sales Price*
$2,927,375
$2,543,222
- 13.1%
$2,452,375
$2,369,621
- 3.4%
Percent of Original List Price Received*
89.9%
95.7%
+ 6.5%
93.6%
93.6%
0.0%
Percent of List Price Received*
93.5%
98.5%
+ 5.3%
97.9%
96.6%
- 1.3%
Inventory
69
76
+ 10.1%
--
--
--
Months Supply of Inventory
6.6
7.3
+ 10.6%
--
--
--
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
April
Attached
Year to Date
Key Metrics
2016
2017
Percent Change
Thru 4-2016
Thru 4-2017
Percent Change
New Listings
8
6
- 25.0%
22
25
+ 13.6%
Pending Sales
3
2
- 33.3%
7
12
+ 71.4%
Closed Sales
0
4
--
5
11
+ 120.0%
Days on Market Until Sale
0
90
--
96
85
- 11.5%
Median Sales Price*
$0
$1,550,000
--
$1,500,000
$1,450,000
- 3.3%
Average Sales Price*
$0
$2,155,000
--
$1,296,800
$1,689,636
+ 30.3%
Percent of Original List Price Received*
0.0%
96.3%
--
95.7%
96.9%
+ 1.3%
Percent of List Price Received*
0.0%
96.9%
--
98.4%
95.4%
- 3.0%
Inventory
23
19
- 17.4%
--
--
--
Months Supply of Inventory
7.4
5.1
- 31.1%
--
--
--
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
Median Sales Price – Detached Rolling 12-Month Calculation
Median Sales Price – Attached Rolling 12-Month Calculation Orange County — N8 - West Newport - Lido —
Orange County — N8 - West Newport - Lido —
$2,250,000
$2,000,000
$2,000,000
$1,750,000
$1,750,000
$1,500,000
$1,500,000
$1,250,000
$1,250,000
$1,000,000
$1,000,000
$750,000
$750,000
$500,000
$500,000 2-2012
2-2013
2-2014
2-2015
2-2016
2-2017
$250,000 2-2012
2-2013
2-2014
2-2015
2-2016
2-2017
Current as of May 10, 2017. Report provided by the Orange County Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data provided herein is from CRMLS, Inc. and is copyrighted by CRMLS. Report © 2017 ShowingTime.
Local Market Update for April 2017 Provided by the Orange County Association of REALTORS ®
N9 - Lower Newport Bay - Balboa Island April
Detached
Year to Date
Key Metrics
2016
2017
Percent Change
Thru 4-2016
Thru 4-2017
Percent Change
New Listings
12
10
- 16.7%
35
36
+ 2.9%
Pending Sales
2
3
+ 50.0%
23
20
- 13.0%
Closed Sales
6
4
- 33.3%
27
22
- 18.5%
174
22
- 87.4%
160
82
- 48.8%
Median Sales Price*
$2,810,000
$3,089,000
+ 9.9%
$2,600,000
$2,750,000
+ 5.8%
Average Sales Price*
$3,444,167
$3,344,500
- 2.9%
$3,620,278
$3,404,974
- 5.9%
Percent of Original List Price Received*
94.3%
99.4%
+ 5.4%
91.9%
94.0%
+ 2.3%
Percent of List Price Received*
98.1%
99.4%
+ 1.3%
95.3%
96.8%
+ 1.6%
Inventory
29
32
+ 10.3%
--
--
--
Months Supply of Inventory
5.1
5.8
+ 13.7%
--
--
--
Days on Market Until Sale
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
April
Attached
Year to Date
Key Metrics
2016
2017
Percent Change
Thru 4-2016
Thru 4-2017
Percent Change
New Listings
1
1
0.0%
2
1
- 50.0%
Pending Sales
2
0
- 100.0%
4
0
- 100.0%
Closed Sales
0
0
--
1
0
- 100.0%
Days on Market Until Sale
0
0
--
54
0
- 100.0%
Median Sales Price*
$0
$0
--
$1,615,000
$0
- 100.0%
Average Sales Price*
$0
$0
--
$1,615,000
$0
- 100.0%
Percent of Original List Price Received*
0.0%
0.0%
--
92.3%
0.0%
- 100.0%
Percent of List Price Received*
0.0%
0.0%
--
92.3%
0.0%
- 100.0%
0
1
--
--
--
--
0.0
1.0
--
--
--
--
Inventory Months Supply of Inventory
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
Median Sales Price – Detached Rolling 12-Month Calculation
Median Sales Price – Attached Rolling 12-Month Calculation
Orange County — N9 - Lower Newport Bay - Balboa Island — $4,000,000
Orange County — N9 - Lower Newport Bay - Balboa Island — $2,500,000
$2,000,000
$3,000,000
$1,500,000 $2,000,000 $1,000,000 $1,000,000
$0 2-2012
$500,000
2-2013
2-2014
2-2015
2-2016
2-2017
$0 2-2012
2-2013
2-2014
2-2015
2-2016
2-2017
Current as of May 10, 2017. Report provided by the Orange County Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data provided herein is from CRMLS, Inc. and is copyrighted by CRMLS. Report © 2017 ShowingTime.
Local Market Update for April 2017 Provided by the Orange County Association of REALTORS ®
NV - East Bluff - Harbor View April
Detached
Year to Date
Key Metrics
2016
2017
Percent Change
Thru 4-2016
Thru 4-2017
Percent Change
New Listings
24
27
+ 12.5%
97
92
- 5.2%
Pending Sales
12
6
- 50.0%
63
38
- 39.7%
Closed Sales
21
12
- 42.9%
55
36
- 34.5%
Days on Market Until Sale
71
52
- 26.8%
83
81
- 2.4%
Median Sales Price*
$2,060,000
$1,787,500
- 13.2%
$2,150,000
$2,020,000
- 6.0%
Average Sales Price*
$2,331,238
$1,829,667
- 21.5%
$2,521,941
$2,396,248
- 5.0%
Percent of Original List Price Received*
97.8%
95.6%
- 2.2%
95.9%
94.4%
- 1.6%
Percent of List Price Received*
97.8%
96.4%
- 1.4%
97.2%
96.8%
- 0.4%
Inventory
59
76
+ 28.8%
--
--
--
Months Supply of Inventory
4.4
6.3
+ 43.2%
--
--
--
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
April
Attached
Year to Date
Key Metrics
2016
2017
Percent Change
Thru 4-2016
Thru 4-2017
Percent Change
New Listings
13
14
+ 7.7%
74
93
+ 25.7%
Pending Sales
20
7
- 65.0%
51
43
- 15.7%
Closed Sales
15
9
- 40.0%
50
46
- 8.0%
Days on Market Until Sale
84
44
- 47.6%
75
70
- 6.7%
Median Sales Price*
$899,500
$1,028,000
+ 14.3%
$907,500
$947,000
+ 4.4%
Average Sales Price*
$971,867
$1,116,722
+ 14.9%
$1,055,836
$1,269,109
+ 20.2%
Percent of Original List Price Received*
95.4%
94.7%
- 0.7%
94.9%
95.2%
+ 0.3%
Percent of List Price Received*
96.5%
96.0%
- 0.5%
96.2%
97.3%
+ 1.1%
Inventory
45
61
+ 35.6%
--
--
--
Months Supply of Inventory
3.5
5.2
+ 48.6%
--
--
--
* Does not account for sale concessions and/or downpayment assistance. | Percent changes are calculated using rounded figures and can sometimes look extreme due to small sample size.
Median Sales Price – Detached Rolling 12-Month Calculation
Median Sales Price – Attached Rolling 12-Month Calculation Orange County — NV - East Bluff - Harbor View —
$2,500,000
Orange County — NV - East Bluff - Harbor View — $1,200,000
$1,000,000
$2,000,000
$800,000 $1,500,000 $600,000 $1,000,000
$500,000 2-2012
$400,000
2-2013
2-2014
2-2015
2-2016
2-2017
$200,000 2-2012
2-2013
2-2014
2-2015
2-2016
2-2017
Current as of May 10, 2017. Report provided by the Orange County Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data provided herein is from CRMLS, Inc. and is copyrighted by CRMLS. Report © 2017 ShowingTime.