For those of you following real estate in the Newport Coast area these statistics might be of interest. Many zips are experiencing declines in median prices but this coastal area seems to defy the trend.
- Just two of O.C.’s 83 ZIP codes — Buena Park 90620 and Newport Beach 92662– reported sales above the January-to-June period in 2007.Pricing was equally challenged this year vs. ‘07.
- Only four of 83 ZIPs — Corona del Mar 92625, Laguna Beach 92651, Newport Coast 92657 and Newport Beach 92662 — had first-half gains in their median selling price.
As has been reported in the past this area has been relatively unaffected by what is happening in the rest of the county and indeed the state!