First American Title

Newport Beach, CA

Single-Family Homes



Newport Beach, CA

Fri Aug 14 2020
This week the median list price for Newport Beach, CA is $2,995,000 with the market action index hovering around 34. This is an increase over last month's market action index of 31. Inventory has held steady at or around 233. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Newport Beach, CA

Fri Aug 14 2020
This week the median list price for Newport Beach, CA is $2,995,000 with the market action index hovering around 34. This is an increase over last month's market action index of 31. Inventory has held steady at or around 233. 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

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Newport Beach market.
Median List Price $2,995,000
Per Square Foot $971
Days on Market 127
Price Decreased 32%
Price Increased 3%
Relisted 6%
Inventory 233
Median Rent $5,050
Most Expensive $27,000,000
Least Expensive $978,000
Market Action 34
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
$6,235,000 3,973 4,500 - 6,500 sqft 4 5 23 3 2 165
$3,590,000 3,750 4,500 - 6,500 sqft 4 5 20 3 3 140
$2,498,500 2,764 4,500 - 6,500 sqft 4 4 50 5 6 108
$1,637,700 1,992 0 - 4,500 sqft 3 3 50 5 12 95