Barsam & Associates

Newport Coast, CA 92657

Single-Family Homes

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



Newport Coast, CA 92657

Sun Jan 29 2023
This week the median list price for Newport Coast, CA 92657 is $13,995,000 with the market action index hovering around 29. This is about the same as last month's market action index of 29. Inventory has held steady at or around 29. 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 Buyer's Advantage

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyers market, this price trend may be a result of improved quality of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Newport Coast, CA 92657

Sun Jan 29 2023
This week the median list price for Newport Coast, CA 92657 is $13,995,000 with the market action index hovering around 29. This is about the same as last month's market action index of 29. Inventory has held steady at or around 29. 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 Buyer's Advantage

In terms of supply and demand, the market is getting cooler - more supply is coming on the market relative to the sales demand. However, in recent weeks prices have been moving higher. Since it is technically a Buyers market, this price trend may be a result of improved quality of the homes being listed. Look at the descriptive statistics where you may notice the homes being listed are larger and younger than they have been in the past.

Real-Time Market Profile

Never miss important changes in the Newport Coast market.
Median List Price $13,995,000
Median Price of New Listings $7,897,500
Per Square Foot $1,985
Average Days on Market 223
Median Days on Market 112
Price Decreased 28%
Price Increased 0%
Relisted 3%
Inventory 29
Median Rent
Market Action 29
Slight Buyer's Advantage

The market for this zip code continues its bounce again this week. We’re a long way from the market’s high point so watch the Market Action Index to predict how long this trend will last.

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
$35,000,000 14,500 0.5 - 1 acre 6 10 5 0 0 322
$20,000,000 9,276 0.25 - 0.5 acre 6 8 23 0 0 161
$8,650,000 4,767 0.25 - 0.5 acre 5 6 25 1 0 112
$4,675,000 3,730 6,500 - 8,000 sqft 4 4 24 1 3 112