Your Local Market Report

Newport Beach, CA

Single-Family Homes



Newport Beach, CA

Sat Dec 07 2019
This week the median list price for Newport Beach, CA is $2,995,000 with the market action index hovering around 32. This is an increase over last month's market action index of 30. Inventory has held steady at or around 241. 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

Sat Dec 07 2019
This week the median list price for Newport Beach, CA is $2,995,000 with the market action index hovering around 32. This is an increase over last month's market action index of 30. Inventory has held steady at or around 241. 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 $2,995,000
Per Square Foot $973
Days on Market 150
Price Decreased 43%
Price Increased 2%
Relisted 12%
Inventory 241
Median Rent $7,100
Most Expensive $29,995,000
Least Expensive $1,095,000
Market Action 32
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
$5,500,000 4,227 4,500 - 6,500 sqft 5 4 19 3 3 189
$3,500,000 3,995 6,500 - 8,000 sqft 4 4 21 2 6 152
$2,585,000 3,004 4,500 - 6,500 sqft 4 3 47 3 6 157
$1,769,000 2,083 0 - 4,500 sqft 3 2 55 4 18 102