Market Update Newport Coast | DIGONZINI GROUP
Louis DiGonzini Louis DiGonzini
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 Published On Oct 16, 2023

🏡📊 DiGonzini Real Estate Group presents Newport Coast Market Trends! 📊🏡

📅 September 2023

📍 Location: Newport Coast, California

🏢 We're here to keep you informed about the latest market trends in Newport Coast. Here's what you need to know:

1️⃣ Months Inventory: Currently, there is a low inventory of homes available in Newport Coast, with only 1.65 months supply. This means that buyers have limited options, making it a great time to sell your property! 🏡💼

2️⃣ Months Supply of Inventory Change: Over the past 12 months, the supply of homes has decreased by a significant -52.99%. This indicates a high demand for properties in Newport Coast, making it a competitive market for buyers. 📉🔥

3️⃣ List to Sold Price Percentage: Sellers in Newport Coast are achieving an impressive 88.8% of their listing price when selling their homes. This suggests that the market is favorable for sellers, with potential for a strong return on investment. 💰💼

4️⃣ Median Days on Market: Homes in Newport Coast are selling quickly, with a median of only 21 days on the market. This indicates a strong demand and a competitive environment for buyers. Act fast to secure your dream home in this desirable location! ⏰🔑

5️⃣ Median Sold Price: The median sold price for homes in Newport Coast currently stands at $10,000,000. This showcases the luxury and exclusivity of the real estate market in this beautiful coastal city. 💎🏝️

📈 Whether you're a buyer or seller, it's crucial to stay informed about the market trends in Newport Coast. Trust the DiGonzini Real Estate Group to guide you through this dynamic market and help you make informed decisions. Contact us today for personalized assistance! 🤝🏡

#NewportCoastRealEstate #MarketTrends #DiGonziniGroup

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