#White #elites continue to do great in California…everyone else, no so much

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Here are home-buying highlights from the Orange County Register for Newport Beach, Corona Del Mar and Newport Coast for October.

This house-hunting data tracks resales of existing detached and attached residences in the community.

The analysis includes October trends based on closed sales: sale counts; average price vs. average list price; high and low price paid in the month; average cost per square foot and average size; plus, based on broker listing networks stats on Nov. 20, the “market time” metric comparing supply of listings to new escrows opened in past 30 days.

The elites are doing fantastic in their multi-million dollar homes. Everyone else, not so much.



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