Barsam & Associates

Newport Coast, CA 92657

Single-Family Homes

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



Newport Coast, CA 92657

Thu Sep 21 2023
This week the median list price for Newport Coast, CA 92657 is $19,998,000 with the market action index hovering around 38. This is less than last month's market action index of 42. Inventory has increased to 21. 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 has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Newport Coast, CA 92657

Thu Sep 21 2023
This week the median list price for Newport Coast, CA 92657 is $19,998,000 with the market action index hovering around 38. This is less than last month's market action index of 42. Inventory has increased to 21. 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 has been cooling over time and prices plateaued for a while. Despite the consistent decrease in MAI, we’re in the Seller’s zone. Watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Newport Coast market.
Median List Price $19,998,000
Median Price of New Listings $19,998,000
Per Square Foot $1,923
Average Days on Market 210
Median Days on Market 49
Price Decreased 19%
Price Increased 5%
Relisted 5%
Inventory 21
Median Rent
Market Action 38
Slight Seller's Advantage

Prices in this zip code are bouncing around near term trough. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.

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
$58,888,000 14,000 0.5 - 1 acre 7 11 2 0 0 413
$28,800,000 11,494 0.5 - 1 acre 6 10 21 1 0 49
$16,495,000 9,100 0.25 - 0.5 acre 6 9 23 2 2 28
$4,138,444 2,957 4,500 - 6,500 sqft 4 3.5 25 0 1 38