Coastal Real Estate Guide

Newport Beach, CA

Single-Family Homes

Firebrand Media LLC



Newport Beach, CA

Fri Oct 15 2021
This week the median list price for Newport Beach, CA is $4,449,500 with the market action index hovering around 48. This is about the same as last month's market action index of 48. Inventory has held steady at or around 78. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have recently resumed upward pressure.

Newport Beach, CA

Fri Oct 15 2021
This week the median list price for Newport Beach, CA is $4,449,500 with the market action index hovering around 48. This is about the same as last month's market action index of 48. Inventory has held steady at or around 78. 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

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have recently resumed upward pressure.

Real-Time Market Profile

Never miss important changes in the Newport Beach market.
Median List Price $4,449,500
Median Price of New Listings $2,800,000
Per Square Foot $1,172
Average Days on Market 99
Median Days on Market 49
Price Decreased 23%
Price Increased 4%
Relisted 9%
Inventory 78
Median Rent $7,500
Market Action 48
Strong Seller's Market

Price trends continued their recent uptrend this week. While still below the market’s high point, we may be seeing the start of a good price stretch here.

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
$9,750,000 5,982 4,500 - 6,500 sqft 5 6 28 1 0 70
$5,950,000 3,882 4,500 - 6,500 sqft 4 5 34 3 2 91
$3,972,500 3,573 6,500 - 8,000 sqft 4 4 56 1 7 45
$2,270,000 2,330 4,500 - 6,500 sqft 3 3 49 6 4 28