RESEARCH GROUP

The Girling Real Estate Investment Group believes that our clients can make more informed decisions when it comes to purchasing residential real estate by utilizing real estate data and analytics. We look at trends in different neighborhoods within a local marketplace (e.g., Newport Beach) for metrics including closed prices, lot values, economic barometers (e.g., interest rates, affordability) and other data relating to residential real estate sales. We achieve this through the use of real estate indices. The Girling Research Team has introduced the following indices:

  • Balboa Island Price Index (BIPI)™ in 2008, a quarterly Index that tracks lot values on Balboa Island since 2000.
  • Newport Beach Home Price Index (NBHPI)™ in 2012, a compilation of single family sales since 2000 for 25 select Newport Beach neighborhoods (see list of neighborhoods below).
  • Newport Coast Home Price Index (NCHPI)™ in 2013.
  • Orange County Home Price Index (OCHPI)™ in 2016, tracking prices since 2006 for “standard” homes (single family, 3 bedroom, 3 bath, 1800-2200 square feet) in the following 10 select cities in Orange County: Anaheim, Costa Mesa, Fullerton, Huntington Beach, Irvine, Mission Viejo, Newport Beach, Orange, Santa Ana, and Tustin.

The neighborhoods included in the NBHPI are listed below:


  • Balboa Island
  • Bayshores
  • Belcourt
  • Big Canyon
  • Bonita Canyon
  • Cameo Shores
  • Castaways
  • Corona Del Mar
  • Dover Shores
  • East Bluff
  • Harbor Cove
  • Harbor/Linda Isle & Bayside Dr.
  • Harbor Ridge
  • Harbor View Hills South
  • Irvine Terrace
  • Jasmine Creek
  • Lido Island
  • Newport Heights
  • One Ford Road
  • Peninsula and Peninsula Point
  • Harbor View (Port Streets)
  • Shore Cliffs
  • Spyglass
  • West Newport
  • Westcliff

See the latest results from the Girling Research Team below.


The Newport Beach Home Price Index (NBHPI), Newport Coast Home Price Index (NCHPI), and the Balboa Island Price Index (BIPI) each represent compilations of sales activity based in whole or in part on data compiled from the CRMLS multiple listing service, and includes properties sold by other brokerages. The accuracy of the information is deemed reliable, but is not guaranteed by Girling REIG, Coldwell Banker Previews International or the CRMLS. Any individual or entity intending to rely on this information should seek verification through personal investigation or investigation by appropriate professionals. All information and materials are provided "as is" without any warranty of any kind, either expressed or implied.

Dave’s Top 10 Economic and Other Factors REALTORS® Should Be Following Today – Hot off the Press

Tuesday, September 5th, 2017
Familiarity with these ten factors will enable you to address questions you or your clients may ask about the real estate market, especially about real estate values and where they may be headed.  Click here for the article:  Dave’s Top Read more >>

Dave’s Top 10: Economic Factors Realtors Should Be Following

Wednesday, June 7th, 2017
I had the honor and pleasure today of presenting an updated “Dave’s Top 10:  Economic Factors Realtors Should Be Following” today at a Center Club luncheon.  The audience included top Realtors, real estate and mortgage professionals as well as community Read more >>

Dave’s Top Ten Economic Factors Realtors Should Be Following

Friday, February 3rd, 2017
I had the pleasure of presenting yesterday at the Orange County Association of Realtors, “Dave’s Top 10 Economic Factors Realtors Should Be Following”.  They are:#10  Trump Policies#9  Interest Rates#8  Home Inventories#7  Housing Affordability#6  US Home Ownership#5  Dow Jones Industrial Average#4 Read more >>

Dave’s Top 10 Real Estate Economic Indicators

Tuesday, September 27th, 2016
I wrote the attached article which was titled “David Girling’s Top 10 Economic Factors Realtors Should Be Following Today” – it appeared in the May / June edition of OC Realtor. The article is a few months old, but much Read more >>

Balboa Island Real Estate: Balboa Island Price Index (BIPI) ™, Q1 2016 Results

Saturday, July 2nd, 2016
According to the BIPI (chart below) developed by Girling REIG, Q1 2016 interior lots were valued at $1,830,100, up 7.99% when compared to the same period in 2015. The BIPI has steadily increased the since the low point in 2011 Read more >>