Prices Still Rising In Orange County
Prices continue to show gains for the areas of Newport Beach, Corona Del Mar, Newport Coast and Laguna Beach. Most areas have surpassed their peak prices that occurred in around 2007. Will prices continue to rise? It seems the high end luxury homes have slowed a bit but the inventory still is at low levels. There have been some high priced sales on the sand and one property in Dana Point just sold for $13,500,000 that was at 31 Beachview Avenue. So, the summer could be a little slow, but as I tell my buyers, it’s a great time to offer as there is less competition.
