Coastal Real Estate Guide

Newport Beach, CA

Single-Family Homes

Firebrand Media LLC



Newport Beach, CA

Wed Apr 24 2024
This week the median list price for Newport Beach, CA is $5,754,600 with the market action index hovering around 38. This is an increase over last month's market action index of 36. Inventory has decreased to 115. 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.

Slight Seller's Advantage

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

Wed Apr 24 2024
This week the median list price for Newport Beach, CA is $5,754,600 with the market action index hovering around 38. This is an increase over last month's market action index of 36. Inventory has decreased to 115. 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.

Slight Seller's Advantage

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 $5,754,600
Median Price of New Listings $4,299,000
Per Square Foot $1,810
Average Days on Market 94
Median Days on Market 56
Price Decreased 32%
Price Increased 5%
Relisted 10%
Inventory 115
Median Rent
Market Action 38
Slight Seller's Advantage

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
$11,447,500 5,504 6,500 - 8,000 sqft 5 6 11 4 0 70
$6,995,000 3,314 0 - 4,500 sqft 4 5 23 1 2 63
$4,750,000 3,218 6,500 - 8,000 sqft 4 4 34 4 3 63
$3,295,000 2,108 0 - 4,500 sqft 4 3 54 6 5 35