Barsam & Associates

Newport Beach, CA 92663

Single-Family Homes

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



Newport Beach, CA 92663

Tue Sep 27 2022
This week the median list price for Newport Beach, CA 92663 is $6,995,000 with the market action index hovering around 38. This is an increase over last month's market action index of 34. Inventory has decreased to 29. 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

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Newport Beach, CA 92663

Tue Sep 27 2022
This week the median list price for Newport Beach, CA 92663 is $6,995,000 with the market action index hovering around 38. This is an increase over last month's market action index of 34. Inventory has decreased to 29. 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

The market continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Newport Beach market.
Median List Price $6,995,000
Median Price of New Listings $2,395,000
Per Square Foot $1,669
Average Days on Market 82
Median Days on Market 77
Price Decreased 41%
Price Increased 3%
Relisted 7%
Inventory 29
Median Rent
Market Action 38
Slight Seller'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
$11,995,000 6,416 6,500 - 8,000 sqft 5 6 69 0 0 77
$7,699,000 3,275 6,500 - 8,000 sqft 4 4 68 1 0 77
$5,995,000 2,474 4,500 - 6,500 sqft 3 3 69 0 1 84
$2,447,000 2,525 0 - 4,500 sqft 4 3 60 2 1 59