Lots of Past Sales for Newport Beach…But Why?

Looks like Newport Beach is keeping busy in the past sales department. Writing about this area contains a unique set of dynamics. Being that the houses are well above the national average, in both a good and bad market, it is somewhat difficult to gauge Newport Beach against the rest of the country. Another unknown variable is why the house or houses actually sold. When dealing with a high-end area such as Newport, the amount of variables actually increase.

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2  Mojo Ct #76: 3 Beds, 2.5 Baths, 1,647 SQ. FT. Sold for $675,000

403 Orion Way: 2 Beds, 2 Baths, 970 SQ. FT. Sold for 475,000 SQ. FT.

2345 E 14th St: 9 Beds, 2 Baths, 2,021 SQ. FT. Sold for $949,900

6 Goodwill Ct. #28: 3 Beds, 2.5 Baths, 1,647 SQ. FT. Sold for $759,500

2924 Cliff Dr: 2 Beds, 2 Baths, 1,364 SQ. FT. Sold for $2,100,000

100 Scholz Pl. Apt. 104: 2 Beds, 2 Baths, 1,120 SQ. FT. Sold For $490,000

2812 Bayshore Dr: 3 Beds, 2.5 Baths, 3,028 SQ. FT. Sold for $7,000,000