Coastal Real Estate Guide

Newport Coast, CA

Single-Family Homes

Firebrand Media



Newport Coast, CA

Mon Apr 22 2019
This week the median list price for Newport Coast, CA is $4,995,000 with the market action index hovering around 27. This is less than last month's market action index of 28. Inventory has held steady at or around 83. Click here to stay informed with the Newport Coast market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Buyer's Advantage

While prices have been at a plateau for a number of weeks, this is a Buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

Newport Coast, CA

Mon Apr 22 2019
This week the median list price for Newport Coast, CA is $4,995,000 with the market action index hovering around 27. This is less than last month's market action index of 28. Inventory has held steady at or around 83. Click here to stay informed with the Newport Coast market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Buyer's Advantage

While prices have been at a plateau for a number of weeks, this is a Buyer’s market and the supply of homes listed has started growing relative to demand. This indicates that prices could easily resume a downward trend in conjunction with the MAI. Prices are unlikely to move significantly higher until there is a persistent upward shift in the MAI.

Real-Time Market Profile

Never miss important changes in the Newport Coast market.
Median List Price $4,995,000
Per Square Foot $1,062
Days on Market 126
Price Decreased 39%
Price Increased 1%
Relisted 10%
Inventory 83
Median House Rent $7,000
Most Expensive $38,000,000
Least Expensive $1,739,888
Market Action Index
Slight Buyer's Advantage
27

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$15,625,000 9,331 0.5 - 1 acre 5 6 13 1 0 142
$5,798,888 4,805 0.25 - 0.5 acre 5 4 18 2 1 99
$4,200,000 4,000 0.25 - 0.5 acre 4 4 19 0 0 146
$2,598,000 2,964 4,500 - 6,500 sqft 4 2 20 0 1 120