Your Real Estate Market Update

Newport Coast, CA 92657

Single-Family Homes

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Newport Coast, CA 92657

Sat Apr 13 2024
This week the median list price for Newport Coast, CA 92657 is $19,998,000 with the market action index hovering around 31. This is about the same as last month's market action index of 31. Inventory has decreased to 29. Click here to stay informed with the Newport Coast market!

Market Action Index

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

Slight Seller's Advantage

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Newport Coast, CA 92657

Sat Apr 13 2024
This week the median list price for Newport Coast, CA 92657 is $19,998,000 with the market action index hovering around 31. This is about the same as last month's market action index of 31. Inventory has decreased to 29. Click here to stay informed with the Newport Coast market!

Market Action Index

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

Slight Seller's Advantage

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Real-Time Market Profile

Never miss important changes in the Newport Coast market.
Median List Price $19,998,000
Median Price of New Listings $9,250,000
Per Square Foot $2,461
Average Days on Market 130
Median Days on Market 70
Price Decreased 28%
Price Increased 3%
Relisted 0%
Inventory 29
Median Rent
Market Action 31
Slight Seller's Advantage

In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend over the last several weeks.

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
$49,995,000 11,888 0.5 - 1 acre 6 11 3 0 0 203
$28,000,000 8,176 0.5 - 1 acre 5 7 19 0 1 42
$16,875,000 8,500 0.25 - 0.5 acre 5 8 23 0 0 168
$9,622,500 4,830 0.25 - 0.5 acre 4 5 26 1 1 21