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Nick Roshdieh - Newport Coast Homes - Jan 2018

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1200 Newport Center Drive, Suite 100 Newport Beach, CA 92660

NICK ROSHDIEH GROUP

Nick Roshdieh CalBRE# 01339587

Each office independently owned and operated.

Doris Barrios CalBRE# 01855449

949.254.4775 nRoshdieh@HOMgroup.com

We Speak English, Farsi, Spanish and Mandarin!

Visit PreferredNewportCoastHomes.com for community info, current listings, and recent sales.

YOUR NEWPORT COAST HOME IS WORTH MORE THAN JUST A NUMBER! PRESENTED BY

Did you know that many online home estimate sites base their home estimates on AVMs, or Automated Valuation Models?

WHAT CAN NICK & DORIS FACTOR INTO YOUR HOME'S VALUE THAT AN AVM MAY NOT? 1. Unique Features

4. Upgraded Appliances

2. Renovations

5. Hyper-Local Market Trends

3. Personalized Landscaping

6. Community Benefits

While these sites are beneficial in marketing your home to potential buyers, these automated algorithms are unable to account for everything that could increase your home’s TRUE VALUE!

Jonathan and Angela-Marie, As your Newport Coast real estate experts, we understand that your home has more value than an online algorithm can account for. Call us today at 949.254.4775 to learn how our hyper-local knowledge and personalized home assessment can help you earn the most from your investment!

NICK AND DORIS YOUR NEWPORT COAST REAL ESTATE SPECIALISTS

PREPARED ESPECIALLY FOR JONATHAN AND ANGELA-MARIE WILLIAMS

Preferred Newport Coast Homes JANUARY 2018 REAL ESTATE MARKET REPORT


Do you know your home's NEW value?

NICK ROSHDIEH GROUP

Jonathan and Angela-Marie, Receive the most accurate assessment of your home’s value, provided to you as a complimentary service by Nick and Doris, your Preferred Newport Coast Homes real estate specialists. You will not be contacted with any other solicitation.

949.254.4775 We Speak English, Farsi,

N I C K R O S H D I E H G R Spanish OUP and Mandarin!

Nick

Doris

Newport Coast 2017 Year-End Review

Preferred Newport Coast Homes | REAL ESTATE MARKET REPORT

DATA REFLECTS HOMES LISTED AT $4,000,000 AND ABOVE.

DATA REFLECTS HOMES LISTED AT $4,000,000 AND ABOVE.

27

1

9

TOTAL ACTIVE LISTINGS

TOTAL UNDER CONTRACT/PENDING

RECENTLY SOLD

PREFERRED HOMES OF

NEWPORT COAST ACTIVE HOMES AT A GLANCE

PREFERRED NEWPORT COAST HOMES RECENTLY SOLD Subdivision

Beds

Baths

Estimated Square Feet

List Price

List Date

Sold Price

Sold Date

Cassis

5

5

4,705

$4,999,000

05/30/17

$4,900,000

12/04/17

Coral Crest

5

6

6,244

$6,749,199

01/26/17

$7,085,064

12/27/17

7 Spinnaker

Coral Crest

5

6

6,620

$7,649,527

03/05/17

$7,811,641

12/13/17

6 Offshore

Crystal Cove Sea Crest

6

7

7,828

$6,998,000

08/01/17

$6,698,000

12/21/17

Sold

15 Vista Luci

Montecito

5

6

4,805

$5,388,000

10/07/17

$5,050,000

12/26/17

Sold

11 Skyridge

Pelican Crest

6

10

10,802

$10,985,000

07/26/17

$10,500,000

12/01/17

Sold

12 Fairway Point

Pelican Hill

7

9

13,532

$23,000,000

01/11/17

$19,650,000

12/01/17

Sold

22 Pelican Point Drive

Pelican Point

5

7

7,821

$5,365,000

11/24/17

$5,365,000

11/27/17

Sold

12 Via Avoria

Perazul

5

6

5,117

$5,995,000

06/20/17

$5,550,000

11/22/17

Status

Address

Sold

23 Overlook Drive

Sold

5 Spinnaker

Sold Sold

Nick Roshdieh, Doris Barrios, and HÔM Sotheby’s International Realty are not in any way affiliated with any Newport Coast Home Owners Associations, nor is this in any way an official advertisement or publication of Newport Coast. ®HÔM Sotheby’s International Realty. All rights reserved. This representation is based on sales and data reported by multiple brokers/agents to the Association or Realtors (AOR) and CRMLS as well as property builders by location for homes with 5 bedrooms or more, as of January 3rd, 2018. Listings and sales may not be those of HÔM Sotheby’s International Realty. CRMLS does not guarantee the accuracy of this data, which may not reflect all of the real estate activity in the area. This market report is not intended to solicit properties already listed for sale, nor intended to cause a breach of an existing agency relationship. E&OE. Each office is independently owned and operated. Published by REAL Marketing (REM) | www.REALMarketing4You.com | 858.847.8631 | ©2018

Active Home Price: Low: $4,285,000 Average: $11,924,781 High: $28,888,888 Average Days on Market: 143 Average Living Square Feet: 8,330

Average Sold Price

2017 AVERAGE: $9,458,291

2017 AVERAGE: $1,143

Low: $4,130,000 • High: $39,999,999

Low: $686 • High: $2,353

2016 AVERAGE: $7,973,637 Low: $3,750,000 • High: $28,000,000

Average Price per Square Foot

2016 AVERAGE: $1,043 Low: $592 • High: $1,501

2017

Number of Homes Sold

Average Days on Market

Average Sold Price/List Price Ratio

Available Monthly Inventory

54

112

93.1%

5

23 MORE HOMES SOLD THAN 2016

LOW: 1 / HIGH: 758 8 DAYS FASTER THAN 2016

LOW: 72.7% / HIGH: 106.4% 0.1% LOWER THAN 2016

HOMES LISTED IN 2017: 65 HOMES STILL AVAILABLE: 27

Reflects data from the CRMLS from January 1st through December 31st of 2016 and 2017. Deemed accurate but not guaranteed.


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