Coastal Real Estate Guide

Newport Beach, CA

Single-Family Homes

Firebrand Media LLC



Newport Beach, CA

Fri Apr 23 2021
This week the median list price for Newport Beach, CA is $3,992,000 with the market action index hovering around 46. This is an increase over last month's market action index of 45. Inventory has held steady at or around 114. Click here to stay informed with the Newport Beach market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Newport Beach, CA

Fri Apr 23 2021
This week the median list price for Newport Beach, CA is $3,992,000 with the market action index hovering around 46. This is an increase over last month's market action index of 45. Inventory has held steady at or around 114. Click here to stay informed with the Newport Beach market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Home sales continue to outstrip supply and the Market Action Index has been moving higher for several weeks. This is a Seller’s market so watch for upward pricing pressure in the near future if the trend continues.

Real-Time Market Profile

Never miss important changes in the Newport Beach market.
Median List Price $3,992,000
Per Square Foot $1,211
Days on Market 42
Price Decreased 25%
Price Increased 4%
Relisted 4%
Inventory 114
Median Rent $4,450
Most Expensive $32,000,000
Least Expensive $1,050,000
Market Action 46
Strong Seller's Market

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
$8,500,000 5,245 6,500 - 8,000 sqft 5 6 29 2 1 80
$4,685,000 4,385 4,500 - 6,500 sqft 4 5 31 7 3 24
$3,450,000 3,268 6,500 - 8,000 sqft 4 5 32 6 4 35
$2,195,000 2,108 0 - 4,500 sqft 3 3 63 8 10 35