Giuiletta Fox Wilson & John Wilson

Newport Coast, CA

Single-Family Homes

Fox Wilson Group | BHHS California Properties | (949) 874-0935



Newport Coast, CA

Tue Mar 26 2019
This week the median list price for Newport Coast, CA is $4,888,000 with the market action index hovering around 28. This is about the same as last month's market action index of 28. Inventory has held steady at or around 73. Click here to stay informed with the Newport Coast market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Buyer's Advantage

Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.

Newport Coast, CA

Tue Mar 26 2019
This week the median list price for Newport Coast, CA is $4,888,000 with the market action index hovering around 28. This is about the same as last month's market action index of 28. Inventory has held steady at or around 73. Click here to stay informed with the Newport Coast market!

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Buyer's Advantage

Home sales have been exceeding new inventory for several weeks. Since this is a Buyer’s market, prices are not yet moving higher as excess inventory is consumed. However, as the supply and demand trends continue, the market moves into the Seller’s zone, and we are likely to see upward pressure on pricing.

Real-Time Market Profile

Never miss important changes in the Newport Coast market.
Median List Price $4,888,000
Per Square Foot $1,077
Days on Market 146
Price Decreased 33%
Price Increased 1%
Relisted 8%
Inventory 73
Median House Rent $7,550
Most Expensive $38,000,000
Least Expensive $1,780,000
Market Action Index
Slight Buyer's Advantage
28

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$14,875,000 9,331 0.5 - 1 acre 5 6 14 1 0 222
$5,992,500 5,307 0.25 - 0.5 acre 5 5 18 0 4 91
$4,245,000 4,088 0.25 - 0.5 acre 4 4 18 2 0 140
$2,685,000 2,964 4,500 - 6,500 sqft 4 3 20 3 1 130