Barsam & Associates

Newport Beach, CA 92663

Single-Family Homes

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



Newport Beach, CA 92663

Mon May 17 2021
This week the median list price for Newport Beach, CA 92663 is $4,495,000 with the market action index hovering around 45. This is an increase over last month's market action index of 44. Inventory has decreased to 35. 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.

Strong Seller's Market

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

Mon May 17 2021
This week the median list price for Newport Beach, CA 92663 is $4,495,000 with the market action index hovering around 45. This is an increase over last month's market action index of 44. Inventory has decreased to 35. 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.

Strong Seller's Market

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 $4,495,000
Median Price of New Listings $3,810,000
Per Square Foot $1,356
Average Days on Market 105
Median Days on Market 49
Price Decreased 26%
Price Increased 6%
Relisted 6%
Inventory 35
Median Rent $4,500
Market Action 45
Strong Seller's Market

In the last few weeks we’ve seen prices in this zip code bouncing around this plateau. Look for a persistent down-shift 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
$9,625,000 6,613 6,500 - 8,000 sqft 5 7 63 0 1 87
$5,850,000 3,328 0 - 4,500 sqft 4 5 68 1 2 49
$3,995,000 3,364 0 - 4,500 sqft 4 4 69 2 1 21
$2,499,900 2,755 4,500 - 6,500 sqft 4 3 59 1 4 63