Barsam & Associates

Newport Beach, CA 92663

Single-Family Homes

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



Newport Beach, CA 92663

Thu Mar 28 2024
This week the median list price for Newport Beach, CA 92663 is $5,912,499 with the market action index hovering around 36. This is an increase over last month's market action index of 31. Inventory has increased to 32. 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 92663

Thu Mar 28 2024
This week the median list price for Newport Beach, CA 92663 is $5,912,499 with the market action index hovering around 36. This is an increase over last month's market action index of 31. Inventory has increased to 32. 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 $5,912,499
Median Price of New Listings $4,395,000
Per Square Foot $1,680
Average Days on Market 73
Median Days on Market 42
Price Decreased 31%
Price Increased 13%
Relisted 19%
Inventory 32
Median Rent
Market Action 36
Slight Seller's Advantage

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move 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
$10,745,000 5,504 4,500 - 6,500 sqft 5 6 12 1 0 136
$6,672,500 3,439 4,500 - 6,500 sqft 4 5 14 2 1 91
$4,922,500 3,062 0 - 4,500 sqft 4 4 64 2 1 42
$3,050,000 2,169 4,500 - 6,500 sqft 4 4 50 4 1 10