Coastal Real Estate Guide

Newport Coast, CA

Single-Family Homes

Firebrand Media LLC



Newport Coast, CA

Wed Jul 17 2019
This week the median list price for Newport Coast, CA is $4,999,000 with the market action index hovering around 26. This is about the same as last month's market action index of 26. Inventory has held steady at or around 95. 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

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Newport Coast, CA

Wed Jul 17 2019
This week the median list price for Newport Coast, CA is $4,999,000 with the market action index hovering around 26. This is about the same as last month's market action index of 26. Inventory has held steady at or around 95. 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

The Market Action Index has been trending lower for several weeks while prices have remained relatively stable. If inventory continues to grow relative to demand however, it is likely that we will see downward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Newport Coast market.
Median List Price $4,999,000
Per Square Foot $1,126
Days on Market 123
Price Decreased 44%
Price Increased 1%
Relisted 9%
Inventory 95
Median House Rent $6,800
Most Expensive $38,000,000
Least Expensive $1,580,000
Market Action Index
Slight Buyer's Advantage
26

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
$15,000,000 8,800 0.5 - 1 acre 6 6 12 1 0 112
$6,825,000 5,101 0.25 - 0.5 acre 4 4 17 1 1 120
$4,342,500 4,000 8,000 - 10,000 sqft 4 4 18 1 0 128
$2,450,000 2,751 4,500 - 6,500 sqft 4 2 19 1 2 133