Newport Beach - Market Stats
National and County-wide news sources are slow and do not accurately represent what is happening in the Newport Beach area. My Statistics are updated every few days to keep you up to date.
Newport Beach, incorporated in 1906, is an affluent city in Orange County, California, 10 miles south of downtown Santa Ana. The city’s median family income and property values consistently place high in national rankings. The Daily Pilot, a newspaper published in the neighboring city of Costa Mesa but which serves the greater Newport-Mesa community, reported in 2010 that more than a quarter of households have an income greater than $200,000, and the median value for homes exceeds $1 million.
Beachgoers have flocked to Newport Beach since the Pacific Electric Railway started bringing them in 1905. Attractions include the city beaches from the Santa Ana River to the tip of the Balboa Peninsula, Corona del Mar State Beach, and the beaches at Crystal Cove State Park. Newport Beach is renowned for good surfing, especially between Newport Pier and the Santa Ana River. At the tip of the Balboa Peninsula, The Wedge offers world-class bodyboarding and bodysurfing. Newport Pier and Balboa Pier draw fishermen and sightseers. A boardwalk (actually a concrete path) runs 2.9 miles from 36th Street in West Newport, past Newport Pier and Balboa Pier, to between E and F Streets on the Balboa Peninsula.
Newport Harbor is the largest recreational boat harbor on the U.S. west coast, and a popular destination for all boating activities, including sailing, fishing, rowing, kayaking,and paddleboarding. The annual Christmas Boat Parade dates back to 1908. The New York Times has called it, “One of the top ten holiday happenings in the nation.” Competitive sailing, rowing, and paddling events occur almost every weekend, and weekdays during summer. The annual Newport to Ensenada International Yacht Race is the largest sailboat race in the world.
The bars and restaurants within a few blocks of Newport Pier are a regional nightlife destination. Popular destinations include Sharkeez, Malarky’s Irish Pub, Woody’s Wharf, Rudy’s Pub and Grill, and The Newport Beach Brewing Company. Dining in Newport Beach, like many oceanfront towns, tends to focus on seafood restaurants but there are a variety of restaurants that range in price and type of food. Some of the restaurants in Newport Beach are the 21 Oceanfront, Bayside Restaurant, Sol Grill, Gulfstream and Fleming’s Prime Steak House.