In this market where many homes for sale in Newport Beach, Newport Coast, and Corona Del Mar are receiving multiple offers over a very short period, it helps if you can identify a motivated seller. The easiest way to see if a seller is motivated is watch for the largest percentage price drop and you should find a very motivated seller. Over the last 2 weeks there were 11 homes for sale in the Newport Beach area with price reductions. The largest percentage price drop came in at 13% for the home located at 1701 Highland Dr in Newport Beach.
The sellers dropped their price from $2,299,000 to $1,999,000 while only being on the market for 15 days! This luxury custom home in the Dover Shores neighborhood of the West Bay is 3649 sqft and is a 4 bedroom, 4 bath home. The home was fully remodeled in 2006 and is spectacular. So not only is it a beautiful home but the sellers are motivated, which to a buyers means BIG SAVINGS.
If you or anyone you know is looking to purchase or sell their home in Newport Beach, Newport Coast, or Corona Del Mar, please contact one of our Newport Beach realtors today!