Coastal Real Estate Guide

Newport Beach, CA

Single-Family Homes

Firebrand Media



Newport Beach, CA

Mon Apr 22 2019
This week the median list price for Newport Beach, CA is $3,081,900 with the market action index hovering around 30. This is about the same as last month's market action index of 30. Inventory has held steady at or around 276. Click here to stay informed with the Newport Beach 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 Seller's Advantage

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Newport Beach, CA

Mon Apr 22 2019
This week the median list price for Newport Beach, CA is $3,081,900 with the market action index hovering around 30. This is about the same as last month's market action index of 30. Inventory has held steady at or around 276. Click here to stay informed with the Newport Beach 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 Seller's Advantage

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Real-Time Market Profile

Never miss important changes in the Newport Beach market.
Median List Price $3,081,900
Per Square Foot $924
Days on Market 120
Price Decreased 38%
Price Increased 1%
Relisted 9%
Inventory 276
Median House Rent $6,000
Most Expensive $59,995,000
Least Expensive $868,000
Market Action Index
Slight Seller's Advantage
30

The market is hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate from these levels.

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
$5,700,000 4,820 8,000 - 10,000 sqft 5 5 26 5 2 175
$3,588,000 3,981 6,500 - 8,000 sqft 4 4 16 5 6 119
$2,690,000 2,750 4,500 - 6,500 sqft 4 3 45 5 4 104
$1,750,000 2,101 0 - 4,500 sqft 3 2 52 8 8 81