Why Crystal Cove Commands Some of OC’s Highest Price-Per-Square-Foot
Posted by The Aaronson Group on
The Aaronson Group
Luxury Coastal Real Estate - OC
Newport Coast Market Analysis
Why Crystal Cove Commands Some of OC’s Highest Price-Per-Square-Foot
There is a number that separates Crystal Cove from nearly every other address in Orange County, and it is not the sale price. It is the price per square foot.
Recent reporting puts Crystal Cove’s median sold price per square foot above $3,000, with listing-side medians running in the same range. Newport Coast as a whole sits closer to $1,600. Newport Beach citywide is closer to $1,500. Corona del Mar runs roughly $1,400 to $3,500 depending on bluff position. In other words, a Crystal Cove residence can carry a per-foot premium of 80 to 100 percent over the surrounding…
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