hanover development...closed price greater than 3670 sf $3,533,619 $10,026 0.3% dec-2019 closed...

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Joe Richter 949 677-7722 [email protected] California DRE 01744150 Oregon REA 201008093 CA CSLB 415070 & 861135 Newport Beach - East Bluff Single Family Residence 1500 Sf and Larger 2019 Period: 1/1/19 - 6/30/19 Data Date: 7/01/2019 Compares 2019 Activity to 2018 LISTINGS: Current Active Listings: 77 ALL Listings in the last 90 Days 51 'NEW' Listings, made in the last: 30 Days: 31 New Listings SOLD: 3 DOM: Include Outliers (1) Newport Beach - East Bluff Average DOM Active Listings: 59 78 Market YOY Monthly Average DOM Closed Listings: 55 85.0 Type Inventory Average CDOM Closed Listings: 92 125.0 Jan-2019 Buyer 4.5 Average Escrow Period: 38 40.0 Feb-2019 Buyer 5.2 INVENTORY: Mar-2019 Buyer 5.1 Inventory @End Of Month: 68 Apr-2019 Buyer 5.0 Absorption Rate (monthly) 13 May-2019 Buyer 5.3 Months Supply 5 Jun-2019 Buyer 5.3 90-Day Inventory Change 5 INCREASE 7.9% Jul-2019 Year-over-Year Inventory Change (1) DECREASE (1.4%) Aug-2019 Sep-2019 PRICE (Average) Net Change Oct-2019 Closed Price Less Than 3670 SF $1,950,422 ($110,265) (5.3%) Nov-2019 Closed Price Greater Than 3670 SF $3,533,619 $10,026 0.3% Dec-2019 Closed Price Greater Than 3670 sf Exclusive of View Lots $3,533,619 $260,889 7.7% Average Closed Price of ALL Homes $2,418,692 ($164,417) (6.2%) Square Footage Range from: 1476 to 7683 Square Footage Average = 3670 Average sf of homesLESS than 3670 sf is 2615 Average sf of homes GREATER than 3670 sf is 4971 Provided by Joe Richter 949 677-7722 / [email protected] © by J. Richter, Hanover Realty Group and Hanover Development, all rights reserved. Not for consumer use. (1) See "Active Selling " and "Closed Sales" sections for details Buyer's Market 8/14/2019

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Page 1: Hanover Development...Closed Price Greater Than 3670 SF $3,533,619 $10,026 0.3% Dec-2019 Closed Price Greater Than 3670 sf Exclusive of View Lots $3,533,619 $260,889 …

Joe Richter949 [email protected] DRE 01744150 Oregon REA 201008093CA CSLB 415070 & 861135

Newport Beach - East BluffSingle Family Residence

1500 Sf and Larger

2019Period: 1/1/19 - 6/30/19

Data Date: 7/01/2019

Compares 2019 Activity to 2018LISTINGS:

Current Active Listings: 77

ALL Listings in the last 90 Days 51

'NEW' Listings, made in the last: 30 Days: 31

New Listings SOLD: 3

DOM: Include Outliers (1) Newport Beach - East Bluff

Average DOM Active Listings: 59 78 Market YOY Monthly

Average DOM Closed Listings: 55 85.0 Type Inventory

Average CDOM Closed Listings: 92 125.0 Jan-2019 Buyer 4.5

Average Escrow Period: 38 40.0 Feb-2019 Buyer 5.2

INVENTORY: Mar-2019 Buyer 5.1

Inventory @End Of Month: 68 Apr-2019 Buyer 5.0

Absorption Rate (monthly) 13 May-2019 Buyer 5.3

Months Supply 5 Jun-2019 Buyer 5.3

90-Day Inventory Change 5 INCREASE 7.9% Jul-2019

Year-over-Year Inventory Change (1) DECREASE (1.4%) Aug-2019

Sep-2019

PRICE (Average) Net Change Oct-2019

Closed Price Less Than 3670 SF $1,950,422 ($110,265) (5.3%) Nov-2019

Closed Price Greater Than 3670 SF $3,533,619 $10,026 0.3% Dec-2019

Closed Price Greater Than 3670 sf Exclusive of View Lots $3,533,619 $260,889 7.7%Average Closed Price of ALL Homes $2,418,692 ($164,417) (6.2%)

Square Footage Range from: 1476 to 7683Square Footage Average = 3670

Average sf of homesLESS than 3670 sf is 2615Average sf of homes GREATER than 3670 sf is 4971

Provided by Joe Richter949 677-7722 / [email protected]

© by J. Richter, Hanover Realty Group and Hanover Development, all rights reserved.Not for consumer use.(1) See "Active Selling " and "Closed Sales" sections for details

Buyer's Market

8/14/2019

Page 2: Hanover Development...Closed Price Greater Than 3670 SF $3,533,619 $10,026 0.3% Dec-2019 Closed Price Greater Than 3670 sf Exclusive of View Lots $3,533,619 $260,889 …

Joe Richter949 677-7722

[email protected] DRE 01744150 Oregon REA 201008093CA CSLB 415070 861135

Newport Beach - East BluffSquare Footage Range from: 1476 to 7683Year to Year Comparison of Market Activity

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2015 54 64 65 65 74 79 69 53 46 41 34 122016 54 54 58 51 53 62 71 65 55 44 26 102017 46 43 46 57 65 62 59 51 38 30 23 122018 49 60 57 55 65 77 69 73 69 60 54 522019 YTD 52 58 64 63 66 69

0

10

20

30

40

50

60

70

80

90

AVERAGE Active @ Begining of Month

2015 2016 2017 2018 2019 YTD

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2015 30 26 30 28 23 12 20 10 9 4 1 12016 16 28 25 22 35 27 15 16 10 6 3 22017 14 16 34 23 16 24 14 9 13 3 1 22018 28 13 25 35 33 16 19 19 19 18 13 72019 YTD 18 28 26 27 27 31

0

5

10

15

20

25

30

35

40

New Listing

2015 2016 2017 2018 2019 YTD

0

10

20

30

40

50

60

70

YTD Average

55

50

44

62 62

AVERAGE Active @ Begining of

Month

2015 2016 2017

2018 2019 YTD

0

50

100

150

200

250

194205

169

245

150157

New Listing

2015 2016 2017

2018 2018 YTD 2019 YTD

© ~ Copy Right by Joe Richter. Permission required to use for any purpose other than intended by author2 of 28

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Page 3: Hanover Development...Closed Price Greater Than 3670 SF $3,533,619 $10,026 0.3% Dec-2019 Closed Price Greater Than 3670 sf Exclusive of View Lots $3,533,619 $260,889 …

Joe Richter949 677-7722

[email protected] DRE 01744150 Oregon REA 201008093CA CSLB 415070 861135

Newport Beach - East BluffSquare Footage Range from: 1476 to 7683Year to Year Comparison of Market Activity

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2015 84 90 95 93 97 91 89 63 55 45 35 132016 70 82 83 73 88 89 86 81 65 50 29 122017 60 59 80 80 81 86 73 60 51 33 24 142018 77 73 82 90 98 93 88 92 88 78 67 592019 YTD 70 86 90 90 93 100

0

20

40

60

80

100

120

Total For Sale During Month

2015 2016 2017 2018 2019 YTD

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2015 14 23 18 15 14 17 24 9 8 5 5 22016 12 17 21 12 17 10 19 20 14 13 6 32017 10 9 15 10 15 16 15 12 13 5 6 32018 12 11 18 15 14 17 11 18 15 10 5 92019 YTD 6 13 19 14 13 20

0

5

10

15

20

25

30

Contracts Written

2015 2016 2017 2018 2019 YTD

0

50

100

150

200

250

300

YTD Total

248259

215

294

209

Total For Sale During Month

2015 2016 2017

2018 2019 YTD

0

20

40

60

80

100

120

140

160

180

YTD Total

154164

129

155

87 85

Contracts Written

2015 2016

2017 2018

2018 YTD 2019 YTD

© ~ Copy Right by Joe Richter. Permission required to use for any purpose other than intended by author3 of 28

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Page 4: Hanover Development...Closed Price Greater Than 3670 SF $3,533,619 $10,026 0.3% Dec-2019 Closed Price Greater Than 3670 sf Exclusive of View Lots $3,533,619 $260,889 …

Joe Richter949 677-7722

[email protected] DRE 01744150 Oregon REA 201008093CA CSLB 415070 861135

Newport Beach - East BluffSquare Footage Range from: 1476 to 7683Year to Year Comparison of Market Activity

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2015 10 10 18 18 14 20 22 17 12 10 1 102016 8 9 16 21 15 16 16 19 16 13 11 142017 7 8 9 12 11 13 19 14 14 12 4 122018 6 11 11 12 15 14 17 18 15 10 13 92019 YTD 9 4 13 22 12 11

0

5

10

15

20

25

Closed Sales

2015 2016 2017 2018 2019 YTD

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec2015 64 65 65 74 79 69 53 46 41 34 12 72016 54 58 51 53 62 71 65 55 44 26 10 -12017 43 46 57 65 62 59 51 38 30 23 12 12018 60 57 55 65 77 69 73 69 60 54 52 452019 YTD 58 64 63 66 69 68

-10

0

10

20

30

40

50

60

70

80

90

Active ~ For Sale @ EOM

2015 2016 2017 2018 2019 YTD

0

20

40

60

80

100

120

140

160

180

YTD Total

162

174

135

151

69 71

Closed Sales

2015 2016 2017

2018 2018 YTD 2019 YTD

0

10

20

30

40

50

60

70

Average

51

46

41

6165

Active ~ For Sale @ EOM

2015 2016 2017

2018 2019 YTD

© ~ Copy Right by Joe Richter. Permission required to use for any purpose other than intended by author4 of 28

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Page 5: Hanover Development...Closed Price Greater Than 3670 SF $3,533,619 $10,026 0.3% Dec-2019 Closed Price Greater Than 3670 sf Exclusive of View Lots $3,533,619 $260,889 …

Newport Beach - East Bluff Data Date: 7/1/201990-Day Market Trends Period: 1/1/19 - 6/30/19

Active Listings (ALL)

Active Lisitngs (New over the last 90 days)

New For Sale (last 30 days)

Active Under Contract

Pending ClosedExpired,

Canceled, Withdrawn

Hold

77 51 19 16 7 45 31 2

$2,913,706

CURRENT List Price Average Closed Price

ALL Current Active Listings for Closing During the Last 90 Days$3,000,648 $2,421,979

Listings in the last 90 days Average Variance from ORIGINAL List$2,803,471 (7.18%)

'NEW' Listings in the last 30 Days Average Variance from Current/LAST List Price$2,937,000 (1.36%)

Average Days on Market Homes for SaleAverage Maximum (Inventory)

All in Data Period 91 872 90-Day Change 8%Active, AUC & Pending 75 395 Year-Over-Year Change (1.4%)

All Closed 85 8722019 Listings W-O Cont. 99 160

All 2019 WITH Cont. 44 157Expired/Canceled/Withdawn 128 725

90-day Trend

Page 6: Hanover Development...Closed Price Greater Than 3670 SF $3,533,619 $10,026 0.3% Dec-2019 Closed Price Greater Than 3670 sf Exclusive of View Lots $3,533,619 $260,889 …

Newport Beach - East Bluff Data Date: 7/1/201990-Day Market Trends Period: 1/1/19 - 6/30/19

AVERAGE CLOSED PRICE

$2,421,979Price Change # of Homes

(7.18%) 2%Below List Price ABOVE List

42 2 1Sold Below Sold At List Sold Above

Closed Price vs. Original ListCount Ratio Discount Excludes Largest

Average of All: ($202,532) 45 (7.18%)Av. Excluding Largest: ($185,544) (6.82%)

SOLDBELOW Ask: Largest Decrease: ($950,000) 42 93% (22.89%)ABOVE Ask: Most Above: $5,000 1 2% 0.35%

AT Ask: At Original List 2 4%

Newport Beach - East Bluff Data Date: 7/1/201990-Day Market Trends Period: 1/1/19 - 6/30/19

Homes for Sale(Months Supply of Inventory)

Currently with 5.30 Months SupplyIt Looks Like a Buyer's Market

Inventory over the last 90 DaysINCREASED BY: 8%

Average # of Homes Sold Per Month 12.8

Chapman University defines a SELLER’s Market as less than 3.5 months of inventory and a BUYER’s market as more than 3.5 months of inventory.

Y-O-Y Months of Supply, 5.3

0 1 2 3 4 5 6 7

1

Y-O-Y Months of SupplySeller's Market Buyer's Market

Page 7: Hanover Development...Closed Price Greater Than 3670 SF $3,533,619 $10,026 0.3% Dec-2019 Closed Price Greater Than 3670 sf Exclusive of View Lots $3,533,619 $260,889 …

Newport Beach - East Bluff Period 1/1/19 - 6/30/19

1500 Sf and Larger Data Data

Active @ Begin of Month

New Listings

Total for SaleContracts Written

Closed Expired,

Withdrawn, Canceled

For Sale at end of Month

Hold Do Not Show

% of New Listings

Contracted

% of TOT Availble Contracted

% of TOT Available

Closed

1 January 49 28 77 12 6 5 60 52 February 60 13 73 11 11 5 57 03 March 57 25 82 18 11 9 55 04 April 55 35 90 15 12 10 65 05 May 65 33 98 14 15 7 77 06 June 77 16 93 17 14 7 69 07 July 69 19 88 11 17 4 73 08 August 73 19 92 18 18 5 69 09 September 69 19 88 15 15 13 60 0

10 October 60 18 78 10 10 14 54 011 November 54 13 67 5 13 10 52 012 December 52 7 59 9 9 5 45 √

Year-To-Date Totals 245 294 155 151 94 44

62 20 82 13 13 8 61

Newport Beach - East Bluff 2018 compared to 2019 MARKET ACTIVITY Single Family ResidenceActive @ Begin of Month New Listings Total for Sale

2018 YTD 2019 YTDIncrease / (decrease)

% Change 2018 YTD 2019 YTDIncrease / (decrease)

% Change 2018 YTD 2019 YTDIncrease / (decrease)

% Change

1 January 49 52 3 6% 28 18 (10) (36%) 77 70 (7) (9%)2 February 60 58 (2) (3%) 13 28 15 115% 73 86 13 18%3 March 57 64 7 12% 25 26 1 4% 82 90 8 10%4 April 55 63 8 15% 35 27 (8) (23%) 90 90 0 0%5 May 65 66 1 2% 33 27 (6) (18%) 98 93 (5) (5%)6 June 77 69 (8) (10%) 16 31 15 94% 93 100 7 8%7 July8 August9 September

10 October11 November12 December

YTD Total 150 157 7 5% 199 209 10 5%

7/1/2019

2018 MARKET ACTIVITY Single Family Residence

© ~ Copy Right by Joe Richter. Permission required to use for any purpose other than intended by author7 of 28

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Page 8: Hanover Development...Closed Price Greater Than 3670 SF $3,533,619 $10,026 0.3% Dec-2019 Closed Price Greater Than 3670 sf Exclusive of View Lots $3,533,619 $260,889 …

Newport Beach - East Bluff Period 1/1/19 - 6/30/19

1500 Sf and Larger Data Data 7/1/2019

YTD Average 61 62 2 2%

Newport Beach - East Bluff 2018 compared to 2019 MARKET ACTIVITY Single Family ResidenceContracts Written Closed Expired, Withdrawn, Canceled

2018 YTD 2019 YTDIncrease / (decrease)

% Change 2018 YTD 2019 YTDIncrease / (decrease)

% Change 2018 YTD 2019 YTDIncrease / (decrease)

% Change

1 January 12 6 (6) (50%) 6 9 3 50% 5 6 1 20%2 February 11 13 2 18% 11 4 (7) (64%) 5 9 4 80%3 March 18 19 1 6% 11 13 2 18% 9 8 (1) (11%)4 April 15 14 (1) (7%) 12 22 10 83% 10 10 0 0%5 May 14 13 (1) (7%) 15 12 (3) (20%) 7 11 4 57%6 June 17 20 3 18% 14 11 (3) (21%) 7 12 5 71%7 July8 August9 September

10 October11 November12 December

YTD Total 87 85 (2) (2%) 69 71 2 3% 43 56 13 30%

Newport Beach - East Bluff 2018 compared to 2019 MARKET ACTIVITY Single Family ResidenceFor Sale at end of Month

2018 2018 YTD 2019 YTDIncrease / (decrease)

% Change

1 January 60 60 58 (2) (3%) Format Notes:2 February 57 57 64 7 12% Less than 0% equals GREEN (decreasing Inventory)3 March 55 55 63 8 15% More than 0% equals RED (increasing Inventory) Chapman Seller Market4 April 65 65 66 1 2% 3.55 May 77 77 69 (8) (10%) Realtor.com Seller Market6 June 69 69 68 (1) (1%) 57 July 73 Use8 August 69 3.59 September 60 Prior Year Over Year

10 October 54 12 Months 12 Months

11 November 52 For Sale Monthly Monthly Y-O-Y Months Market

12 December 45 @ EOM Absorption Absorption of Supply Type

Average 64 65 1 1% Inventory: Months Supply 68 12.8 12.8 5.3 Buyer's Market

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Page 9: Hanover Development...Closed Price Greater Than 3670 SF $3,533,619 $10,026 0.3% Dec-2019 Closed Price Greater Than 3670 sf Exclusive of View Lots $3,533,619 $260,889 …

Newport Beach - East Bluff Period 1/1/19 - 6/30/19

1500 Sf and Larger Data Data

61 / 55

Active @ Begin of Month

New Listings

Total for SaleContracts Written

Closed Expired,

Withdrawn, Canceled

For Sale at end of Month

Hold Do Not

Show

% of New Listings / Contracts

% of TOT Availble

Contracted

% of Total Available

Closed

Summary.month Active.at.begin.of.month New.Listings Total.for.Sale Contracts.written Closed Expired For.Sale.at.End.of.Month

1 Jan 52 18 70 6 9 6 58 √ 33% 9% 13%2 Feb 58 28 86 13 4 9 64 0 46% 15% 5%3 Mar 64 26 90 19 13 8 63 0 73% 21% 14%4 Apr 63 27 90 14 22 10 66 0 52% 16% 24%5 May 66 27 93 13 12 11 69 0 48% 14% 13%6 Jun 69 31 100 20 11 12 68 77 65% 20% 11%7 Jul8 Aug9 Sep

10 Oct11 Nov12 Dec

Year-To-Date Totals 157 209 85 71 56 66 54% 41% 34%Y-T-D Averages 62 26 88 14 12 9 65

2019 MARKET ACTIVITY Single Family Residence7/1/2019

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Page 10: Hanover Development...Closed Price Greater Than 3670 SF $3,533,619 $10,026 0.3% Dec-2019 Closed Price Greater Than 3670 sf Exclusive of View Lots $3,533,619 $260,889 …

Newport Beach - East Bluff Period 1/1/19 - 6/30/19

1500 Sf and Larger Data Data

2019 MARKET ACTIVITY Single Family Residence7/1/2019

0

20

40

60

80

100

120

Jan Feb Mar Apr May Jun

Active @ Begin of Month New Listings Total for Sale Contracts Written Closed

Expired, Withdrawn, Canceled For Sale at end of Month Poly. (New Listings) Poly. (Total for Sale) For Sale @End of Month Trend

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Newport Beach - East Bluff Period 1/1/19 - 6/30/19

1500 Sf and Larger Data Data

2019 MARKET ACTIVITY Single Family Residence7/1/2019

2300000

27999992695000

3295000

5995000

3688000

2075000

1300000

3075000

3385000

4125000

3895000

4395000

3800000

5299000

Milllwood

600,000

1,600,000

2,600,000

3,600,000

4,600,000

5,600,000

6,600,000

7,600,000

1,500 2,500 3,500 4,500 5,500 6,500 7,500 8,500

Home Prices

Active Backup Pending Closed SaleExpired Canceled Withdrawn Hold Do Not ShowMillwood / Portola Hills Active Listing Trend Closed Sale Trend Linear (Canceled)

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Page 12: Hanover Development...Closed Price Greater Than 3670 SF $3,533,619 $10,026 0.3% Dec-2019 Closed Price Greater Than 3670 sf Exclusive of View Lots $3,533,619 $260,889 …

Newport Beach - East Bluff Period 1/1/19 - 6/30/19

1500 Sf and Larger Data Data

2019 MARKET ACTIVITY Single Family Residence7/1/2019

846

811

842

707

838

857

768

660

691

600

650

700

750

800

850

900

1,500 2,500 3,500 4,500 5,500 6,500 7,500 8,500

Value Per Square Foot

Active Active Under Contract Pending Closed Transactions Expired Canceled

Hold Millwood / Portola Hills Withdrawn Active Listing Trend Poly. (Closed Transactions) Closed Sale Trend

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Page 13: Hanover Development...Closed Price Greater Than 3670 SF $3,533,619 $10,026 0.3% Dec-2019 Closed Price Greater Than 3670 sf Exclusive of View Lots $3,533,619 $260,889 …

ce Appreciation adjusted for changes in square footage CHANGE YOY Table of Contents Cover Page 2017 to 2018 CNewport Beach - East Bluff Single Family Residence1/1/19 - 6/30/19

2019 2018 2019 - 2018 % ChangeAverage sf of homesLESS than 3670 sf is 2,615 2,620 (5) 0%Average sf of homes GREATER than 3670 sf is 4,971 5,169 (198) -4%

Average SF of ALL: 3,670 3,761 (91) (2.4%)BOTTOM LINEThe average size of homes for sale in 2019 that were SMALLER than 3670 sf is down approximately -5 sf compared to 2018The average size of homes for sale in 2019 that were LARGER than 3670 sf is down approximately -198 sf compared to 2018

2019 compared to 2018 Average List Price ComparisonAve Last List Price of Homes Less Than 3670 SF $2,865,488 $3,004,931 ($139,443) (4.64%) -$133,709 (4.4%)Ave Last List Price of Homes Greater Than 3670 SF $3,926,339 $4,604,689 ($678,351) (14.73%) -$501,967 (10.9%)

Ave Price PSF Homes Less Than 3670 sf $868 $853 $15 1.79%Ave Price PSF Homes Greater Than 3670 sf $800 $871 ($71) (8.11%)

2019 compared to 2018 Average CLOSED Price ComparisonClosed Price Less Than 3670 SF $1,950,422 $2,064,627 ($114,205) (5.53%) ($110,265) (5.3%)Closed Price Greater Than 3670 SF $3,533,619 $3,663,941 ($130,322) (3.56%) $10,026 0.3%Closed Price Greater Than 3670 sf Exclusive of View Lots $3,533,619 $3,403,087 $130,532 3.84% $260,889 7.7%

AVERAGE CLOSED PRICE OF ALL UNITS $2,418,692 $2,647,159 ($228,467) (8.63%) ($164,417) (6.2%)Closed Price psf Less Than 3670 SF $791 $787 $4 0.49%Closed Price psf Greater Than 3670 SF $752 $748 $5 0.61%

3,889,384 $3,403,087BOTTOM LINE 3,717,774 $0The average NET CLOSING PRICE of the smaller homes is DOWN ($110,265) or -5.3%

1500 Sf and Larger2019 vrs 2018 Average Square Footage Comparison

Net Change

Net Change

© ~ Copy Right by Joe Richter. Permission required to use for any purpose other than intended by author13 of 28

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ce Appreciation adjusted for changes in square footage CHANGE YOY Table of Contents Cover Page 2017 to 2018 CNewport Beach - East Bluff Single Family Residence1/1/19 - 6/30/19 1500 Sf and LargerThe average NET CLOSING PRICE of the LARGER homes is UP $10,026 or .3%

DOM = Days on Market - from listing to contract UnitsCDOM = Cummualtive Days on Market DOM CDOM ED ClosedED = Escrow Duration 1476 to 3670 SF 88 109 37 0

3670 to 7683 SF 114 130 38 0

UnitsDOM CDOM ED Closed

1476 to 3670 SF 69 87 40 03670 to 7683 SF 119 128 39 0

UnitsDOM CDOM ED Closed

1476 to 3670 SF (19) (22) 3 03670 to 7683 SF 5 (1) 2 0

BOTTOM LINEIn 2019 the SMALLER PRODUCT was on the market on average -19 days LESS before contracting than 2018In 2019 the LARGER PRODUCT was on the market on average 5 days MORE before contracting than 2018

2018 Summary

2019 Summary

2019 minus 2018 Variance

2019 compared to 2018 the Average Time On The Market

© ~ Copy Right by Joe Richter. Permission required to use for any purpose other than intended by author14 of 28

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Newport Beach - East Bluff Review Period:

1500 Sf and Larger Data Date:

- - - - - - - - - - - - - - -

2018 82 100 372019 51 61 32

List Year

List Month Number Street Status List Date Contract DateClosed or Expired DOM CDOM2

Escrow Durantion

2018 2019January 86 82

2016 4 San Sebastian Closed 6/18/2016 11/7/2018 1/7/2019 872 933 61 February 73 72March 69 76

2017 4 Cherry Hills Canceled 4/24/2017 4/19/2019 725 725 April 103 49May 67 37

2018 2 San Sebastian Canceled 11/27/2018 3/26/2019 119 119 June 98 114 Gleneagles Canceled 11/24/2018 2/14/2019 82 82 July 825 Trafalgar Canceled 10/10/2018 11/16/2018 3/11/2019 152 152 August 847 Winthrop Closed 10/23/2018 2/5/2019 3/22/2019 105 150 45 September 677 YORKSHIRE Closed 9/20/2018 10/30/2018 1/4/2019 40 106 66 October 777 Weybridge Closed 3/2/2018 4/1/2019 5/1/2019 395 425 30 November 538 Canyon Fairway Closed 9/26/2018 1/18/2019 4/5/2019 114 191 77 December 359 Colonial Closed 11/1/2018 1/25/2019 3/12/2019 85 131 46 AVERAGE 74 559 Narbonne Expired 8/10/2018 5/1/2019 264 2649 Huntington Canceled 9/4/2018 2/8/2019 157 157

11 Belmont Active 7/24/2018 7/24/2018 342 342 201911 Narbonne Canceled 9/14/2018 6/14/2019 273 27311 Crestwood Active 6/1/2018 6/1/2018 395 395 4512 Boardwalk Canceled 11/25/2018 2/4/2019 71 71 315 Colonial Closed 4/29/2018 4/22/2019 5/16/2019 358 382 24 15717 Boardwalk Canceled 7/9/2018 6/17/2019 343 343 4318 Landport Expired 11/27/2018 5/27/2019 181 181 14518 Narbonne Expired 11/19/2018 4/1/2019 133 133 201920 Regents Expired 9/4/2018 3/4/2019 181 18121 Augusta Canceled 10/16/2018 5/6/2019 202 202 5523 Augusta Active 9/5/2018 9/5/2018 299 299 324 Colonial Closed 10/16/2018 3/4/2019 4/30/2019 139 196 57 15929 Ridgeline Active 8/17/2018 8/17/2018 318 31831 Long Bay Closed 10/23/2018 2/19/2019 3/7/2019 119 135 1632 Canyon Fairway Expired 10/22/2018 3/15/2019 144 144 2019 8733 BELCOURT Expired 8/24/2018 2/23/2019 183 183 8734 Old Course Closed 8/10/2018 12/21/2018 1/28/2019 133 171 38

Days from Listing to ContractAverage DOM

List Month Average DOM

1/1/19 - 6/30/19July 1, 2019

Averages

Days WITHOUT ContractAverage DOM

Minimum DOMMaxmum DOM

Minimum DOMMaxmum DOM

Average DOM - Ex/OUpper Outlier >

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Newport Beach - East Bluff Review Period:

1500 Sf and Larger Data Date:

- - - - - - - - - - - - - - -

2018 82 100 372019 51 61 32

List Year

List Month Number Street Status List Date Contract DateClosed or Expired DOM CDOM2

Escrow Durantion List Month Average DOM

1/1/19 - 6/30/19July 1, 2019

Averages

2018 List Month 40 Crooked Stick Closed 12/12/2018 2/15/2019 3/5/2019 65 83 1846 Braeburn Expired 10/23/2018 3/31/2019 159 15956 Cormorant Closed 12/10/2018 3/27/2019 4/26/2019 107 137 3060 Royal Saint GeorCanceled 9/18/2018 6/17/2019 272 27276 Hillcrest Expired 7/22/2018 1/31/2019 193 19361 Old Course Closed 10/22/2018 11/30/2018 1/4/2019 39 74 35

1973 Port Chelsea Expired 12/10/2018 3/8/2019 88 88707 Bellis Closed 10/30/2018 12/26/2018 1/25/2019 57 87 30707 Camphor Expired 11/7/2018 5/6/2019 180 180

1707 Port Barmouth Closed 4/23/2018 12/10/2018 1/25/2019 231 277 461955 Port Provence Closed 11/21/2018 1/8/2019 2/14/2019 48 85 372927 Catalpa Expired 11/20/2018 4/20/2019 151 1511957 Port Dunleigh Closed 12/11/2018 12/24/2018 1/23/2019 13 43 302065 Port Provence Canceled 10/18/2018 4/16/2019 180 1801853 Port Margate Closed 8/14/2018 3/21/2019 4/19/2019 219 248 291859 Port Carlow Closed 11/13/2018 1/1/2019 3/1/2019 49 108 592006 Port Cardiff Canceled 4/24/2018 1/25/2019 276 2761807 Port Margate Closed 6/13/2018 2/18/2019 4/2/2019 250 293 431807 Port Stanhope Canceled 10/30/2018 1/10/2019 72 721821 Port Charles Expired 12/27/2018 6/30/2019 185 1852105 Yacht Wanderer Canceled 11/28/2018 1/28/2019 61 611910 Yacht Maria Closed 9/21/2018 4/19/2019 5/22/2019 210 243 332401 Alta Vista Canceled 11/30/2018 1/22/2019 53 531718 Port Westbourn Canceled 9/5/2018 1/7/2019 124 1241815 Port Renwick Closed 12/5/2018 1/24/2019 2/26/2019 50 83 332021 Port Bristol Active Under Contract 11/13/2018 3/15/2019 3/15/2019 122 230

112 Old Course Withdrawn 10/6/2018 3/7/2019 152 1523173 Corte Portofino Expired 11/2/2018 4/30/2019 179 1792245 Aralia Canceled 10/1/2018 2/7/2019 129 129

436 Vista Roma Closed 8/24/2018 2/14/2019 4/16/2019 174 235 611818 Port Ashley Closed 12/24/2018 3/4/2019 3/27/2019 70 93 23

706 Bison Expired 12/11/2018 5/31/2019 171 171462 Vista Trucha Closed 11/12/2018 3/12/2019 4/17/2019 120 156 36

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Page 17: Hanover Development...Closed Price Greater Than 3670 SF $3,533,619 $10,026 0.3% Dec-2019 Closed Price Greater Than 3670 sf Exclusive of View Lots $3,533,619 $260,889 …

Newport Beach - East Bluff Review Period:

1500 Sf and Larger Data Date:

- - - - - - - - - - - - - - -

2018 82 100 372019 51 61 32

List Year

List Month Number Street Status List Date Contract DateClosed or Expired DOM CDOM2

Escrow Durantion List Month Average DOM

1/1/19 - 6/30/19July 1, 2019

Averages

2018 List Month 1435 High Bluff Closed 10/17/2018 3/16/2019 4/23/2019 150 188 383018 Corte Hermosa Closed 10/10/2018 2/12/2019 3/21/2019 125 162 372115 Aralia Canceled 9/13/2018 2/14/2019 154 1542067 Port Bristol Canceled 9/26/2018 4/4/2019 190 190

500 Cancha Closed 8/2/2018 3/6/2019 4/22/2019 216 263 472100 Aralia Active 7/23/2018 7/23/2018 343 3431819 Port Stirling Closed 3/28/2018 4/4/2018 5/9/2019 7 407 4001717 Port Manleigh Closed 9/28/2018 12/26/2018 2/8/2019 89 133 442415 Buckeye Closed 12/13/2018 1/12/2019 2/12/2019 30 61 311419 Newporter Closed 9/24/2018 11/26/2018 1/8/2019 63 106 431933 Port Bristol Closed 12/17/2018 12/22/2018 1/7/2019 5 21 16

2019 1 2 Oak Tree Active 1/22/2019 1/22/2019 160 1601 6 Rockingham Active Under Contract 1/8/2019 5/31/2019 5/31/2019 143 1741 7 Jupiter Hills Expired 1/3/2019 4/1/2019 88 881 1827 Port Seabourne Canceled 1/22/2019 2/6/2019 2/22/2019 31 311 2320 Port Aberdeen Active 1/23/2019 1/23/2019 159 1591 1950 Port Locksleigh Closed 1/16/2019 2/6/2019 3/6/2019 21 49 281 1807 Port Stanhope Closed 1/16/2019 3/5/2019 4/8/2019 48 82 341 1821 Port Seabourne Closed 1/30/2019 2/4/2019 3/19/2019 5 48 431 2105 Yacht Wanderer Closed 1/29/2019 2/18/2019 4/2/2019 20 63 431 2501 Alta Vista Closed 1/23/2019 3/30/2019 5/1/2019 66 98 321 907 Aleppo Canceled 1/30/2019 3/11/2019 40 401 1833 Port Tiffin Canceled 1/13/2019 2/11/2019 29 291 927 Bellis Closed 1/3/2019 3/17/2019 4/22/2019 73 109 361 2007 Port Weybridge Closed 1/18/2019 4/1/2019 4/15/2019 73 87 141 1951 Port Bristol Expired 1/19/2019 6/24/2019 156 1561 1812 Port Ashley Closed 1/22/2019 3/19/2019 3/27/2019 56 64 81 1984 Port Seabourne Active 1/24/2019 1/24/2019 158 1581 1818 Port Margate Active Under Contract 1/15/2019 6/21/2019 6/21/2019 157 1672 2 Weybridge Closed 2/21/2019 5/7/2019 6/11/2019 75 110 352 4 Gleneagles Closed 2/14/2019 3/1/2019 4/9/2019 15 54 392 5 Inverness Active 2/12/2019 2/12/2019 139 139

17 of 2828

Page 18: Hanover Development...Closed Price Greater Than 3670 SF $3,533,619 $10,026 0.3% Dec-2019 Closed Price Greater Than 3670 sf Exclusive of View Lots $3,533,619 $260,889 …

Newport Beach - East Bluff Review Period:

1500 Sf and Larger Data Date:

- - - - - - - - - - - - - - -

2018 82 100 372019 51 61 32

List Year

List Month Number Street Status List Date Contract DateClosed or Expired DOM CDOM2

Escrow Durantion List Month Average DOM

1/1/19 - 6/30/19July 1, 2019

Averages

2019 2 9 Anondale Closed 2/18/2019 4/8/2019 4/21/2019 49 62 132 9 Huntington Pending 2/20/2019 6/15/2019 6/15/2019 115 131 162 12 Boardwalk Canceled 2/4/2019 2/14/2019 10 102 12 Boardwalk Pending 2/15/2019 6/1/2019 6/1/2019 106 136 302 22 Rockingham Active Under Contract 2/19/2019 6/28/2019 6/28/2019 129 1322 25 Landport Active 2/5/2019 2/5/2019 146 1462 73 Shearwater Closed 2/14/2019 3/3/2019 3/27/2019 17 41 242 99 Pelican Active 2/4/2019 2/4/2019 147 1472 1621 Port Charles Active 2/27/2019 2/27/2019 124 1242 1949 Port Ramsgate Closed 2/11/2019 4/11/2019 5/15/2019 59 93 342 1949 Port Seabourne Canceled 2/1/2019 5/28/2019 116 1162 2340 Aralia Closed 2/8/2019 4/5/2019 4/5/2019 56 56 02 2032 Port Bristol Active Under Contract 2/5/2019 6/15/2019 6/15/2019 130 1462 1979 Port Claridge Closed 2/18/2019 2/18/2019 3/15/2019 25 252 2006 Port Cardiff Closed 2/26/2019 4/3/2019 6/17/2019 36 111 752 2815 Cassia Closed 2/14/2019 4/10/2019 5/13/2019 55 88 332 1715 Port Stirling Closed 2/13/2019 2/26/2019 4/24/2019 13 70 572 2245 Aralia Closed 2/15/2019 4/13/2019 5/7/2019 57 81 242 1818 Port Westbourn Active 2/20/2019 2/20/2019 131 1312 1903 Yacht Puritan Closed 2/27/2019 5/6/2019 6/5/2019 68 98 302 2621 Alta Vista Active 2/7/2019 2/7/2019 144 1442 1726 Port Stirling Closed 2/25/2019 3/11/2019 4/22/2019 14 56 422 2970 Corte Hermosa Closed 2/8/2019 2/18/2019 3/25/2019 10 45 352 3036 Corte Portofino Closed 2/28/2019 3/6/2019 4/8/2019 6 39 332 1611 Arch Bay Closed 2/19/2019 3/26/2019 5/15/2019 35 85 503 2 YORKSHIRE Canceled 3/7/2019 5/22/2019 76 763 2 Thunderbird Canceled 3/23/2019 4/22/2019 30 303 3 Hermitage Closed 3/25/2019 5/26/2019 6/24/2019 62 91 293 9 Narbonne Active 3/22/2019 3/22/2019 101 1013 9 Cherry Hills Active 3/1/2019 3/1/2019 122 1223 14 Old Course Closed 3/18/2019 4/21/2019 6/12/2019 34 86 523 17 Spanish Bay Active 3/20/2019 3/20/2019 103 1033 32 Cayon Fairway Withdrawn 3/15/2019 6/3/2019 80 80

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Page 19: Hanover Development...Closed Price Greater Than 3670 SF $3,533,619 $10,026 0.3% Dec-2019 Closed Price Greater Than 3670 sf Exclusive of View Lots $3,533,619 $260,889 …

Newport Beach - East Bluff Review Period:

1500 Sf and Larger Data Date:

- - - - - - - - - - - - - - -

2018 82 100 372019 51 61 32

List Year

List Month Number Street Status List Date Contract DateClosed or Expired DOM CDOM2

Escrow Durantion List Month Average DOM

1/1/19 - 6/30/19July 1, 2019

Averages

2019 3 99 Old Course Active 3/4/2019 3/4/2019 119 1193 2009 Yacht Mischief Active 3/26/2019 3/26/2019 97 973 1915 Port Bristol Active 3/29/2019 3/29/2019 94 943 2324 Port Carlisle Active 3/15/2019 3/15/2019 108 1083 1848 Port Tiffin Canceled 3/22/2019 4/2/2019 11 113 3137 Corte Marin Hold 3/22/2019 6/13/2019 83 833 907 Aleppo Active Under Contract 3/11/2019 6/14/2019 6/14/2019 95 1123 2007 Yacht Vindex Closed 3/10/2019 6/6/2019 6/6/2019 88 88 03 2036 Port Weybridge Active 3/4/2019 3/4/2019 119 1193 3030 Corte Hermosa Active 3/13/2019 3/13/2019 110 1103 2601 Bunya Active 3/7/2019 3/7/2019 116 1163 1839 Port Tiffin Pending 3/26/2019 5/7/2019 5/7/2019 42 97 553 1854 Port Renwick Active 3/6/2019 3/6/2019 117 1173 3101 Corte Portofino Closed 3/28/2019 4/2/2019 4/25/2019 5 28 233 1818 Port Stanhope Closed 3/21/2019 4/17/2019 5/31/2019 27 71 443 2312 Aralia Closed 3/7/2019 3/10/2019 4/10/2019 3 34 313 1736 Port Margate Active 3/4/2019 3/4/2019 119 1193 2909 Corte Portofino Closed 3/4/2019 3/8/2019 4/11/2019 4 38 344 4 Edgewood Active 4/23/2019 4/23/2019 69 694 5 Trafalgar Active 4/15/2019 4/15/2019 77 774 7 Greenbriar Closed 4/1/2019 5/1/2019 5/3/2019 30 32 24 8 Winged Foot Active Under Contract 4/3/2019 7/1/2019 7/1/2019 89 894 9 San Sebastian Active 4/14/2019 4/14/2019 78 784 12 Winthrop Active 4/24/2019 4/24/2019 68 684 22 Palazzo Active Under Contract 4/28/2019 6/28/2019 6/28/2019 61 644 26 Peppertree Canceled 4/5/2019 5/16/2019 41 414 38 Montgomery Canceled 4/8/2019 5/7/2019 29 294 39 Whitehall Active 4/30/2019 4/30/2019 62 624 49 BELCOURT Active Under Contract 4/8/2019 6/18/2019 6/18/2019 71 844 48 Cormorant Withdrawn 4/30/2019 6/17/2019 48 484 1836 Port Barmouth Active Under Contract 4/5/2019 6/17/2019 6/17/2019 73 874 2065 Port Provence Closed 4/17/2019 5/17/2019 6/5/2019 30 49 194 2401 Alta Vista Pending 4/2/2019 5/16/2019 5/16/2019 44 90 46

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Page 20: Hanover Development...Closed Price Greater Than 3670 SF $3,533,619 $10,026 0.3% Dec-2019 Closed Price Greater Than 3670 sf Exclusive of View Lots $3,533,619 $260,889 …

Newport Beach - East Bluff Review Period:

1500 Sf and Larger Data Date:

- - - - - - - - - - - - - - -

2018 82 100 372019 51 61 32

List Year

List Month Number Street Status List Date Contract DateClosed or Expired DOM CDOM2

Escrow Durantion List Month Average DOM

1/1/19 - 6/30/19July 1, 2019

Averages

2019 4 1909 YACHT COLINIA Active 4/14/2019 4/14/2019 78 784 1820 Port Charles Canceled 4/24/2019 6/25/2019 62 624 1984 Port Seabourne Canceled 4/23/2019 4/26/2019 3 34 2115 Aralia Pending 4/15/2019 5/13/2019 5/13/2019 28 77 494 2067 Port Bristol Closed 4/15/2019 5/6/2019 6/19/2019 21 65 444 1954 Port Locksleigh Canceled 4/1/2019 5/7/2019 36 364 2785 Vista Umbrosa Active 4/26/2019 4/26/2019 66 664 1855 Port Manleigh Closed 4/24/2019 5/7/2019 6/20/2019 13 57 444 3119 Corte Portofino Closed 4/12/2019 4/20/2019 5/20/2019 8 38 304 1918 Port Cardiff Active 4/19/2019 4/19/2019 73 734 2212 Aralia Active 4/25/2019 4/25/2019 67 674 721 Bellis Canceled 4/24/2019 5/3/2019 9 95 6 Colonial Active 5/24/2019 5/24/2019 38 385 7 Jupiter Hills Active 5/29/2019 5/29/2019 33 335 11 Cormorant Active 5/15/2019 5/15/2019 47 475 14 Jupiter Hills Active 5/14/2019 5/14/2019 48 485 17 Cormorant Active 5/2/2019 5/2/2019 60 605 18 Landport Canceled 5/28/2019 6/2/2019 6/21/2019 24 245 20 Palazzo Active 5/26/2019 5/26/2019 36 365 21 Augusta Active 5/6/2019 5/6/2019 56 565 22 Belmont Active 5/17/2019 5/17/2019 45 455 26 Peppertree Active Under Contract 5/16/2019 6/19/2019 6/19/2019 34 465 38 Montgomery Active Under Contract 5/7/2019 6/27/2019 6/27/2019 51 555 50 Whitehall Active 5/10/2019 5/10/2019 52 525 1986 Port Ramsgate Active 5/15/2019 5/15/2019 47 475 1917 Yacht Enchantre Pending 5/11/2019 5/29/2019 5/29/2019 18 51 335 707 Camphor Active Under Contract 5/10/2019 6/30/2019 6/30/2019 51 525 2421 Buckeye Active 5/21/2019 5/21/2019 41 415 3079 Corte Portofino Active 5/8/2019 5/8/2019 54 545 1949 Port Seabourne Active Under Contract 5/28/2019 6/14/2019 6/14/2019 17 345 2427 Blackthorn Active 5/14/2019 5/14/2019 48 485 1836 Port Stirling Canceled 5/18/2019 6/3/2019 16 165 1935 Port Edward Active 5/24/2019 5/24/2019 38 38

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Page 21: Hanover Development...Closed Price Greater Than 3670 SF $3,533,619 $10,026 0.3% Dec-2019 Closed Price Greater Than 3670 sf Exclusive of View Lots $3,533,619 $260,889 …

Newport Beach - East Bluff Review Period:

1500 Sf and Larger Data Date:

- - - - - - - - - - - - - - -

2018 82 100 372019 51 61 32

List Year

List Month Number Street Status List Date Contract DateClosed or Expired DOM CDOM2

Escrow Durantion List Month Average DOM

1/1/19 - 6/30/19July 1, 2019

Averages

2019 5 3173 Corte Portofino Pending 5/29/2019 6/8/2019 6/8/2019 10 33 235 2100 Port Durness Active 5/31/2019 5/31/2019 31 315 1842 Port Westborne Active 5/10/2019 5/10/2019 52 525 2011 Yacht Defender Closed 5/22/2019 5/30/2019 6/26/2019 8 35 275 2336 Port Lerwick Closed 5/15/2019 6/11/2019 6/27/2019 27 43 165 3051 Corte Marin Canceled 5/19/2019 6/12/2019 24 246 2 Vintage Active 6/20/2019 6/20/2019 11 116 5 Pinehurst Active 6/25/2019 6/25/2019 6 66 5 Ironwood Active 6/5/2019 6/5/2019 26 266 7 Ironwood Active 6/10/2019 6/10/2019 21 216 10 Narbonne Active 6/18/2019 6/18/2019 13 136 11 Colonial Active Under Contract 6/27/2019 6/28/2019 6/28/2019 46 11 Narbonne Active 6/13/2019 6/13/2019 18 186 12 Gleneagles Hold 6/12/2019 6/27/2019 15 156 17 Boardwalk Active 6/19/2019 6/19/2019 12 126 18 Landport Active 6/26/2019 6/26/2019 5 56 20 Regents Active 6/24/2019 6/24/2019 7 76 26 Spanish Bay Active 6/14/2019 6/14/2019 17 176 32 Canyon Fairway Active 6/4/2019 6/4/2019 27 276 33 BELCOURT Active 6/28/2019 6/28/2019 3 36 60 Royal Saint GeorActive 6/17/2019 6/17/2019 14 146 71 Pelican Active 6/24/2019 6/24/2019 7 76 83 Royal Saint GeorActive 6/23/2019 6/23/2019 8 86 1982 Port Albans Active Under Contract 6/17/2019 6/20/2019 6/20/2019 3 146 2037 Port Bristol Active 6/28/2019 6/28/2019 3 36 1946 Port Trinity Active 6/28/2019 6/28/2019 3 36 2012 Port Chelsea Active 6/26/2019 6/26/2019 5 56 2941 Corte Portofino Canceled 6/11/2019 6/25/2019 14 146 1951 Port Bristol Active 6/25/2019 6/25/2019 6 66 1812 Port Renwick Active 6/26/2019 6/26/2019 5 56 1820 Port Charles Active 6/25/2019 6/25/2019 6 66 2810 Catalpa Active 6/26/2019 6/26/2019 5 56 1819 Port Wheeler Active 6/17/2019 6/17/2019 14 14

21 of 2828

Page 22: Hanover Development...Closed Price Greater Than 3670 SF $3,533,619 $10,026 0.3% Dec-2019 Closed Price Greater Than 3670 sf Exclusive of View Lots $3,533,619 $260,889 …

Newport Beach - East Bluff Review Period:

1500 Sf and Larger Data Date:

- - - - - - - - - - - - - - -

2018 82 100 372019 51 61 32

List Year

List Month Number Street Status List Date Contract DateClosed or Expired DOM CDOM2

Escrow Durantion List Month Average DOM

1/1/19 - 6/30/19July 1, 2019

Averages

2019 6 1954 Port Ramsgate Active Under Contract 6/5/2019 6/27/2019 6/27/2019 22 266 2615 Alta Vista Active 6/8/2019 6/8/2019 23 236 1700 Port Sheffield Active 6/19/2019 6/19/2019 12 126 1727 Port Stirling Active 6/25/2019 6/25/2019 6 6

rand Total

22 of 2828

Page 23: Hanover Development...Closed Price Greater Than 3670 SF $3,533,619 $10,026 0.3% Dec-2019 Closed Price Greater Than 3670 sf Exclusive of View Lots $3,533,619 $260,889 …

Joe Richter949 677-7722

[email protected] DRE 01744150 Oregon REA 201008093CA CSLB 415070 861135

Newport Beach - East Bluff - 1500 Sf and Larger Period:

Data:

Status DOM AddressAddress

Square Footage

Original List Price

Current/Last List Price

Price Change

List Price $

PSF Total active Sales 77Active 3 1946 Port Trinity 1946 2,630 2,189,000 2,189,000 0.00% 832 Active Lisitngs Less than 3670 SF 44Active 3 2037 Port Bristol 2037 3,638 3,240,000 3,240,000 0.00% 891 Average Price 2,307,611 Active 3 33 BELCOURT 33 5,500 3,300,000 3,300,000 0.00% 600 Average SF 2,690 Active 5 2012 Port Chelsea 2012 1,488 1,749,000 1,749,000 0.00% 1175 Average Price SF 877 Active 5 2810 Catalpa 2810 2,064 1,865,000 1,865,000 0.00% 904Active 5 1812 Port Renwick 1812 3,262 2,795,000 2,795,000 0.00% 857 Active Lisitngs More than 3670 SF 33Active 6 1727 Port Stirling 1727 2,472 2,395,000 2,395,000 0.00% 969 Average Price 3,924,697 Active 6 5 Pinehurst 5 3,058 3,450,000 3,450,000 0.00% 1128 Average SF 5,116 Active 7 71 Pelican 71 2,628 1,575,000 1,575,000 0.00% 599 Average Price SF 790 Active 7 20 Regents 20 3,200 2,595,000 2,595,000 0.00% 811Active 8 83 Royal Saint Georg 83 5,958 3,800,000 3,800,000 0.00% 638Active 11 2 Vintage 2 3,131 2,695,000 2,695,000 0.00% 861Active 12 1700 Port Sheffield 1700 5,021 5,395,000 5,395,000 0.00% 1074 DOM

Active 13 10 Narbonne 10 4,009 3,349,000 3,349,000 0.00% 835 Av. Exclusive of Outliers 59

Active 14 1819 Port Wheeler 1819 1,714 1,859,000 1,859,000 0.00% 1085 Average 78Active 17 26 Spanish Bay 26 3,586 2,549,000 2,549,000 0.00% 711 Median 52Active 18 11 Narbonne 11 6,459 3,958,000 3,958,000 0.00% 613 Quartile 1 14Active 21 7 Ironwood 7 3,923 3,195,000 3,195,000 0.00% 814 Quartile 3 116

Active 23 2615 Alta Vista 2615 4,379 3,850,000 3,850,000 0.00% 879 IQR 102

Active 26 5 Ironwood 5 3,109 2,595,000 2,595,000 0.00% 835 Stand Range 153

Active 31 2100 Port Durness 2100 2,705 2,720,000 2,720,000 0.00% 1006 Upper Range (139)

Active 36 20 Palazzo 20 3,801 2,795,000 2,795,000 0.00% 735 Lower Range / Outliers 269

Active 38 1935 Port Edward 1935 3,200 2,570,000 2,570,000 0.00% 803

Active 38 6 Colonial 6 3,348 2,950,000 2,950,000 0.00% 881 Closed List Price Outliers 5,226,125

Active 41 2421 Buckeye 242 2,311 2,350,000 2,350,000 0.00% 1017 Closed Price Outliers 5,125,000

ACTIVELY SELLING Single Family Residence7/1/2019

1/1/19 - 6/30/19

© ~ Copy Right by Joe Richter. Permission required to use for any purpose other than intended by author Page 23 of 28

Page 24: Hanover Development...Closed Price Greater Than 3670 SF $3,533,619 $10,026 0.3% Dec-2019 Closed Price Greater Than 3670 sf Exclusive of View Lots $3,533,619 $260,889 …

Joe Richter949 677-7722

[email protected] DRE 01744150 Oregon REA 201008093CA CSLB 415070 861135

Newport Beach - East Bluff - 1500 Sf and Larger Period:

Data:

1/1/19 - 6/30/197/1/2019

ACTIVELY SELLING Single Family Residence

Millwood / Portola Hills, 2985, 990000

900,000

1,400,000

1,900,000

2,400,000

2,900,000

3,400,000

3,900,000

4,400,000

4,900,000

5,400,000

5,900,000

6,400,000

6,900,000

1,500 2,500 3,500 4,500 5,500 6,500 7,500 8,500

Active Listing Millwood / Portola Hills Poly. (Active Listing)

© ~ Copy Right by Joe Richter. Permission required to use for any purpose other than intended by author Page 24 of 28

Page 25: Hanover Development...Closed Price Greater Than 3670 SF $3,533,619 $10,026 0.3% Dec-2019 Closed Price Greater Than 3670 sf Exclusive of View Lots $3,533,619 $260,889 …

Joe Richter949 677-7722

[email protected] DRE 01744150 Oregon REA 201008093CA CSLB 415070 861135

Newport Beach - East Bluff - 1500 Sf and Larger Period

Data:

Status DOM CDOM AddressSquare

FootageOriginal List

PriceCurrent/Last

List Price Closed Price Δ O v C List Price

$ PSF

Closed Price $

PSF Total Closed Sales 71Closed 25 1979 Port Claridge 19 4,204 3,995,000 3,995,000 3,925,000 (1.75%) 950 934 Closed Sales Less than 3670 SF 50Closed 3 34 2312 Aralia 23 2,068 1,895,000 1,895,000 1,855,000 (2.11%) 916 897 Average Price 1,950,422

Closed 4 38 2909 Corte Portofin29 2,308 1,450,000 1,450,000 1,435,000 (1.03%) 628 622 Average SF 2,481

Closed 5 28 3101 Corte Portofin31 2,269 1,425,000 1,425,000 1,415,000 (0.70%) 628 624 Average Price SF 791

Closed 5 48 1821 Port Seabour 18 1,816 1,795,000 1,795,000 1,795,000 988 988 Closed Sales Greater than 3670 SF 21Closed 5 21 1933 Port Bristol 19 2,568 2,295,000 2,295,000 2,225,000 (3.05%) 894 866 Average Price 3,533,619

Closed 6 39 3036 Corte Portofin30 2,269 1,415,000 1,415,000 1,420,000 0.35% 624 626 Average SF 4,798

Closed 7 407 1819 Port Stirling 18 1,816 2,169,000 2,169,000 2,096,000 (3.37%) 1,194 1,154 Average Price SF 752

Closed 8 35 2011 Yacht Defend20 3,346 2,895,000 2,895,000 2,825,000 (2.42%) 865 844Closed 8 38 3119 Corte Portofin31 2,269 1,389,000 1,389,000 1,389,000 612 612 DOM CDOM

Closed 27 43 2336 Port Lerwick erw 2,488 1,795,000 1,795,000 1,775,000 (1.11%) 721 713Average Exclusive of

Outliers 54.6 92.1

Closed 10 45 2970 Corte Hermos29 2,432 1,425,000 1,425,000 1,350,000 (5.26%) 586 555 Average 85.0 125.0

Closed 13 57 1855 Port Manleigh18 2,950 2,595,000 2,595,000 2,500,000 (3.66%) 880 847 Median 55.0 87.0

Closed 13 70 1715 Port Stirling 17 3,000 2,495,000 2,495,000 2,440,000 (2.20%) 832 813 Quartile 1 20.5 56.0

Closed 13 43 1957 Port Dunleigh19 3,600 3,345,000 3,345,000 3,150,000 (5.83%) 929 875 Quartile 3 97.0 136.0

Closed 17 41 73 Shearwater 73 1,739 1,150,000 1,150,000 1,020,000 (11.30%) 661 587 IQR 76.5 80.0

Closed 21 49 1950 Port Locksleig19 4,200 3,595,000 3,595,000 3,595,000 856 856 Stand Range 114.8 120.0

Closed 27 71 1818 Port Stanhop 18 2,623 2,590,000 2,590,000 2,465,000 (4.83%) 987 940 Upper Range -94.3 -64.0

Closed 30 32 7 Greenbriar 7 G 4,905 3,250,000 3,250,000 3,075,000 (5.38%) 663 627 Lower Range /

OUTLIERS 211.8 256.0

Closed 30 61 2415 Buckeye 24 3,014 2,235,000 2,235,000 2,180,000 (2.46%) 742 723 Count: 7 7

Closed 34 86 14 Old Course 14 5,866 4,395,000 4,395,000 4,200,000 (4.44%) 749 716 List Price Closed $$

Closed 35 85 1611 Arch Bay 16 2,434 1,899,000 1,899,000 1,690,000 (11.01%) 780 694 Average Exclusive of Outliers 2,575,057$ 2,541,057$

Closed 39 74 61 Old Course 61 2,917 2,242,000 2,242,000 2,104,050 (6.15%) 769 721 Average 2,615,901$ 2,582,380$

Closed 48 85 1955 Port Provence19 2,208 2,325,000 2,325,000 2,065,000 (11.18%) 1,053 935 Median 2,249,000$ 2,104,050$

Closed 49 62 9 Anondale 9 2,400 2,150,000 2,150,000 1,800,000 (16.28%) 896 750 Quartile 1 1,911,750$ 1,750,000$

Closed 49 108 1859 Port Carlow 18 3,915 4,195,000 4,195,000 3,850,000 (8.22%) 1,072 983 Quartile 3 3,237,500$ 3,100,000$

Closed 50 83 1815 Port Renwick 18 2,324 2,195,000 2,195,000 2,150,000 (2.05%) 944 925 IQR 1,325,750$ 1,350,000$

Closed 88 88 2007 Yacht Vindex 20 2,300 1,950,000 1,950,000 1,800,000 (7.69%) 848 783 Stand Range 1,988,625$ 2,025,000$

Closed 55 88 2815 Cassia 28 2,189 2,349,000 2,349,000 2,100,000 (10.60%) 1,073 959 Upper Range (76,875)$ (275,000)$

Closed 70 93 1818 Port Ashley 18 1,854 1,795,000 1,775,000 1,600,000 (10.86%) 968 863 Lower Range / OUTLIERS 5,226,125$ 5,125,000$

CLOSED SALES Single Family Residence

1/1/19 - 6/30/197/1/2019

© ~ Copy Right by Joe Richter. Permission required to use for any purpose other than intended by author Page 25 of 28

Page 26: Hanover Development...Closed Price Greater Than 3670 SF $3,533,619 $10,026 0.3% Dec-2019 Closed Price Greater Than 3670 sf Exclusive of View Lots $3,533,619 $260,889 …

Joe Richter949 677-7722

[email protected] DRE 01744150 Oregon REA 201008093CA CSLB 415070 861135

Newport Beach - East Bluff - 1500 Sf and Larger Period

Data:

Status DOM CDOM AddressSquare

FootageOriginal List

PriceCurrent/Last

List Price Closed Price Δ O v C List Price

$ PSF

Closed Price $

PSF Total Closed Sales 71

CLOSED SALES Single Family Residence

1/1/19 - 6/30/197/1/2019

Closed 56 56 2340 Aralia 23 2,666 2,430,000 2,430,000 2,430,000 911 911Closed 56 64 1812 Port Ashley 18 1,488 1,795,000 1,725,000 1,575,000 (12.26%) 1,206 1,058Closed 59 93 1949 Port Ramsgat19 3,815 4,120,000 4,120,000 3,870,000 (6.07%) 1,080 1,014Closed 62 91 3 Hermitage 3 3,844 4,399,000 4,399,000 4,200,000 (4.52%) 1,144 1,093Closed 63 106 1419 Newporter 14 3,034 2,399,990 2,399,990 2,250,000 (6.25%) 791 742Closed 66 98 2501 Alta Vista 25 5,224 3,998,000 3,749,000 3,425,000 (14.33%) 765 656Closed 73 109 927 Bellis 92 2,085 2,149,000 2,149,000 2,049,063 (4.65%) 1,031 983Closed 68 98 1903 Yacht Puritan19 3,140 2,195,000 2,195,000 2,100,000 (4.33%) 699 669Closed 73 87 2007 Port Weybrid 20 2,492 1,975,000 1,975,000 1,750,000 (11.39%) 793 702Closed 75 110 2 Weybridge 2 4,049 2,695,000 2,695,000 2,250,000 (16.51%) 666 556Closed 139 196 24 Colonial 24 3,588 3,198,000 3,198,000 3,100,000 (3.06%) 891 864Closed 85 131 9 Colonial 9 3,777 3,195,000 3,195,000 3,100,000 (2.97%) 846 821Closed 105 150 7 Winthrop 7 2,400 1,950,000 1,950,000 1,750,000 (10.26%) 813 729Closed 107 137 56 Cormorant 56 1,739 1,700,000 1,700,000 1,625,000 (4.41%) 978 934Closed 48 82 1807 Port Stanhop 18 2,179 2,139,000 2,139,000 1,900,000 (11.17%) 982 872Closed 120 156 462 Vista Trucha 46 2,155 1,438,000 1,438,000 1,375,000 (4.38%) 667 638Closed 125 162 3018 Corte Hermos30 2,432 1,628,000 1,588,000 1,528,000 (6.14%) 669 628Closed 133 171 34 Old Course 34 5,130 4,275,000 4,125,000 3,900,000 (8.77%) 833 760Closed 40 106 7 YORKSHIRE 7 7,141 5,475,000 5,475,000 5,091,000 (7.01%) 767 713Closed 150 188 1435 High Bluff 14 2,927 2,725,000 2,595,000 2,325,000 (14.68%) 931 794Closed 14 56 1726 Port Stirling 17 2,324 1,795,000 1,795,000 1,750,000 (2.51%) 772 753Closed 65 83 40 Crooked Stick40 2,739 2,045,000 2,045,000 2,000,000 (2.20%) 747 730Closed 20 63 2105 Yacht Wande 21 2,190 1,995,000 1,995,000 1,925,000 (3.51%) 911 879Closed 30 49 2065 Port Provence20 6,290 3,995,000 3,995,000 3,600,000 (9.89%) 635 572Closed 89 133 1717 Port Manleigh17 2,156 1,995,000 1,995,000 1,725,000 (13.53%) 925 800Closed 231 277 1707 Port Barmout17 2,437 2,099,000 1,845,000 1,700,000 (19.01%) 861 698Closed 210 243 1910 Yacht Maria 19 4,762 4,150,000 3,600,000 3,200,000 (22.89%) 871 672Closed 21 65 2067 Port Bristol 20 4,791 4,249,000 4,249,000 4,100,000 (3.51%) 887 856Closed 216 263 500 Cancha 50 2,458 1,495,000 1,349,000 1,300,000 (13.04%) 608 529Closed 219 248 1853 Port Margate 18 2,437 1,990,000 1,990,000 1,760,000 (11.56%) 817 722Closed 114 191 8 Canyon Fairw8 7,166 4,250,000 4,250,000 3,900,000 (8.24%) 593 544Closed 250 293 1807 Port Margate 18 2,324 2,175,000 2,175,000 1,900,000 (12.64%) 936 818Closed 57 81 2245 Aralia 22 5,100 3,998,000 3,998,000 3,750,000 (6.20%) 784 735

© ~ Copy Right by Joe Richter. Permission required to use for any purpose other than intended by author Page 26 of 28

Page 27: Hanover Development...Closed Price Greater Than 3670 SF $3,533,619 $10,026 0.3% Dec-2019 Closed Price Greater Than 3670 sf Exclusive of View Lots $3,533,619 $260,889 …

Joe Richter949 677-7722

[email protected] DRE 01744150 Oregon REA 201008093CA CSLB 415070 861135

Newport Beach - East Bluff - 1500 Sf and Larger Period

Data:

Status DOM CDOM AddressSquare

FootageOriginal List

PriceCurrent/Last

List Price Closed Price Δ O v C List Price

$ PSF

Closed Price $

PSF Total Closed Sales 71

CLOSED SALES Single Family Residence

1/1/19 - 6/30/197/1/2019

Closed 36 111 2006 Port Cardiff 20 4,548 3,595,000 3,595,000 3,200,000 (10.99%) 790 704Closed 57 87 707 Bellis 70 2,500 2,938,000 2,938,000 2,850,000 (3.00%) 1,175 1,140Closed 15 54 4 Gleneagles 4 3,928 3,225,000 3,225,000 3,100,000 (3.88%) 821 789Closed 174 235 436 Vista Roma 43 2,648 1,559,000 1,499,000 1,445,000 (7.31%) 589 546Closed 358 382 15 Colonial 15 3,588 3,100,000 2,900,000 2,680,000 (13.55%) 864 747Closed 395 425 7 Weybridge 7 4,302 3,265,000 2,999,000 2,700,000 (17.30%) 759 628

© ~ Copy Right by Joe Richter. Permission required to use for any purpose other than intended by author Page 27 of 28

Page 28: Hanover Development...Closed Price Greater Than 3670 SF $3,533,619 $10,026 0.3% Dec-2019 Closed Price Greater Than 3670 sf Exclusive of View Lots $3,533,619 $260,889 …

Joe Richter949 677-7722

[email protected] DRE 01744150 Oregon REA 201008093CA CSLB 415070 861135

Newport Beach - East Bluff - 1500 Sf and Larger Period

Data:

CLOSED SALES Single Family Residence

1/1/19 - 6/30/19

7/1/2019

Millwood / Portola Hills, 2985, 990000600,000

1,100,000

1,600,000

2,100,000

2,600,000

3,100,000

3,600,000

4,100,000

4,600,000

5,100,000

5,600,000

1,500 2,500 3,500 4,500 5,500 6,500 7,500

Closed Sales

Closed Transactions Millwood / Portola Hills Poly. (Closed Transactions)

© ~ Copy Right by Joe Richter. Permission required to use for any purpose other than intended by author Page 28 of 28