Your Local Market Report

Newport Beach, CA

Single-Family Homes



Newport Beach, CA

Sat Sep 21 2019
This week the median list price for Newport Beach, CA is $2,899,000 with the market action index hovering around 29. This is an increase over last month's market action index of 28. Inventory has held steady at or around 333. 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 Buyer'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

Sat Sep 21 2019
This week the median list price for Newport Beach, CA is $2,899,000 with the market action index hovering around 29. This is an increase over last month's market action index of 28. Inventory has held steady at or around 333. 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 Buyer'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 $2,899,000
Per Square Foot $919
Days on Market 122
Price Decreased 46%
Price Increased 2%
Relisted 10%
Inventory 333
Median House Rent $6,000
Most Expensive $59,995,000
Least Expensive $754,500
Market Action Index
Slight Buyer's Advantage
29

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
$5,400,000 4,314 4,500 - 6,500 sqft 5 5 18 4 3 164
$3,495,000 3,638 6,500 - 8,000 sqft 4 4 19 10 7 115
$2,499,999 2,918 6,500 - 8,000 sqft 4 3 46 6 5 119
$1,762,500 2,093 0 - 4,500 sqft 3 2 53 6 5 92