Barsam & Associates

Newport Beach, CA 92663

Single-Family Homes

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



Newport Beach, CA 92663

Mon Oct 19 2020
This week the median list price for Newport Beach, CA 92663 is $3,895,000 with the market action index hovering around 42. This is an increase over last month's market action index of 39. Inventory has held steady at or around 45. 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

Mon Oct 19 2020
This week the median list price for Newport Beach, CA 92663 is $3,895,000 with the market action index hovering around 42. This is an increase over last month's market action index of 39. Inventory has held steady at or around 45. 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 $3,895,000
Per Square Foot $1,188
Days on Market 103
Price Decreased 38%
Price Increased 0%
Relisted 9%
Inventory 45
Median Rent $3,398
Most Expensive $17,500,000
Least Expensive $1,478,000
Market Action 42
Slight Seller's Advantage

You can see that prices in this zip code are marching upward and that we’re getting close to the market’s all time high. Watch for persistent downward shift in the Market Action Index into the Buyer’s zone as a leading indicator of the price strength subsiding.

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
$6,995,000 3,540 0 - 4,500 sqft 4 5 58 3 1 57
$4,999,500 4,233 4,500 - 6,500 sqft 4 4 29 0 3 117
$3,450,000 3,366 6,500 - 8,000 sqft 4 4 65 1 0 126
$2,040,000 2,169 4,500 - 6,500 sqft 4 3 70 1 2 109