Barsam & Associates

Newport Coast, CA

Single-Family Homes

T: 877-522-7726 | www.barsaminc.com | DRE 01871779



Newport Coast, CA

Mon May 17 2021
This week the median list price for Newport Coast, CA is $8,000,000 with the market action index hovering around 41. This is an increase over last month's market action index of 37. Inventory has decreased to 42. 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 continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Newport Coast, CA

Mon May 17 2021
This week the median list price for Newport Coast, CA is $8,000,000 with the market action index hovering around 41. This is an increase over last month's market action index of 37. Inventory has decreased to 42. 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 continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Newport Coast market.
Median List Price $8,000,000
Median Price of New Listings $3,507,500
Per Square Foot $1,202
Average Days on Market 119
Median Days on Market 60
Price Decreased 19%
Price Increased 12%
Relisted 2%
Inventory 42
Median Rent $18,250
Market Action 41
Slight Seller's Advantage

While this week the median didn’t fluctuate much, we are relatively close to the market’s price high-point. A persistent drop of the Market Action Index into the Buyer’s zone will be a leading indicator of the price strength subsiding.

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
$24,550,000 11,654 0.5 - 1 acre 6 10 13 0 1 168
$13,000,000 8,690 0.25 - 0.5 acre 6 8 8 1 1 101
$5,988,000 5,654 0.25 - 0.5 acre 5 6 22 1 1 42
$2,895,000 3,100 4,500 - 6,500 sqft 4 4 21 6 2 28