Tara Shapiro

Newport Beach, CA 92661

Single-Family Homes

EQTY Forbes Global Properties



Newport Beach, CA 92661

Sat Apr 13 2024
This week the median list price for Newport Beach, CA 92661 is $6,995,000 with the market action index hovering around 29. This is an increase over last month's market action index of 28. Inventory has decreased to 27. 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 Buyer's Advantage

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Newport Beach, CA 92661

Sat Apr 13 2024
This week the median list price for Newport Beach, CA 92661 is $6,995,000 with the market action index hovering around 29. This is an increase over last month's market action index of 28. Inventory has decreased to 27. 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 Buyer's Advantage

The market has shown some evidence of slowing recently. Both prices and inventory levels are relatively unchanged in recent weeks. Watch the Market Action Index for changes as it can be a leading indicator for price changes.

Real-Time Market Profile

Never miss important changes in the Newport Beach market.
Median List Price $6,995,000
Median Price of New Listings $0
Per Square Foot $2,579
Average Days on Market 83
Median Days on Market 49
Price Decreased 19%
Price Increased 0%
Relisted 4%
Inventory 27
Median Rent
Market Action 29
Slight Buyer's Advantage

Again this week we see prices in this zip code remain roughly at the level they’ve been for several weeks. Since we’re significantly below the top of the market, 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
$12,200,000 3,170 4,500 - 6,500 sqft 4 4.5 13 0 0 38
$7,495,000 3,024 0 - 4,500 sqft 5 5.5 21 0 0 56
$6,795,000 3,029 0 - 4,500 sqft 4 4 22 0 0 35
$4,595,000 1,732 0 - 4,500 sqft 3 3 8 0 1 77