Your Local Market Report

Newport Beach, CA

Single-Family Homes



Newport Beach, CA

Thu Nov 14 2019
This week the median list price for Newport Beach, CA is $2,893,944 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 274. 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

Thu Nov 14 2019
This week the median list price for Newport Beach, CA is $2,893,944 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 274. 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 $2,893,944
Per Square Foot $958
Days on Market 139
Price Decreased 45%
Price Increased 1%
Relisted 12%
Inventory 274
Median Rent $7,250
Most Expensive $29,995,000
Least Expensive $540,000
Market Action 30
Slight Seller's Advantage

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
$5,397,500 4,255 4,500 - 6,500 sqft 5 5 18 2 5 186
$3,412,000 3,698 6,500 - 8,000 sqft 4 4 21 3 4 133
$2,534,000 2,861 4,500 - 6,500 sqft 4 3 47 7 5 130
$1,749,000 2,102 0 - 4,500 sqft 3 2 56 5 10 106