Single-Family Homes
Mon Jun 30 2025
This week the median list price for Newport Beach, CA 92661 is $6,975,000 with the market action index hovering around 29. This is an increase over last month's market action index of 27. Inventory has held steady at or around 31.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Slight Buyer's Advantage
The market shows signs of warming up, with sales demand recently increasing faster than inventory. Prices have not yet responded as the market is still working through excess inventory. It’s unlikely that we’ll see prices level off or move higher until the MAI sustains its upward trend and maybe not until the inventory is depleted enough to create a Seller’s market.
Median List Price | $6,975,000 | |
Median Price of New Listings | $0 | |
Per Square Foot | $3,001 | |
Average Days on Market | 166 | |
Median Days on Market | 119 | |
Price Decreased | 29% | |
Price Increased | 0% | |
Relisted | 23% | |
Inventory | 31 | |
Median Rent | ||
Market Action | 29 | |
Slight Buyer's Advantage |
Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn't break us out of that cycle.
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$16,275,000 | 3,960 | 0 - 4,500 sqft | 4 | 4.8 | 17 | 0 | 0 | 91 |
$8,897,500 | 2,669 | 0 - 4,500 sqft | 4 | 3.5 | 51 | 0 | 0 | 203 |
$4,337,500 | 2,417 | 0 - 4,500 sqft | 3 | 2.8 | 36 | 0 | 0 | 105 |
$3,495,000 | 2,090 | 0 - 4,500 sqft | 3 | 3 | 73 | 0 | 1 | 147 |