Coastal Real Estate Guide

Newport Coast, CA

Single-Family Homes

Firebrand Media LLC



Newport Coast, CA

Fri Jul 01 2022
This week the median list price for Newport Coast, CA is $8,972,500 with the market action index hovering around 40. This is less than last month's market action index of 44. Inventory has increased to 30. Click here to stay informed with the Newport Coast market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Newport Coast, CA

Fri Jul 01 2022
This week the median list price for Newport Coast, CA is $8,972,500 with the market action index hovering around 40. This is less than last month's market action index of 44. Inventory has increased to 30. Click here to stay informed with the Newport Coast market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Real-Time Market Profile

Never miss important changes in the Newport Coast market.
Median List Price $8,972,500
Median Price of New Listings $3,300,000
Per Square Foot $1,580
Average Days on Market 137
Median Days on Market 53
Price Decreased 13%
Price Increased 10%
Relisted 7%
Inventory 30
Median Rent
Market Action 40
Slight Seller's Advantage

Again this week we see a downward notch for prices. Pricing has been weak in recent weeks and versus their absolute-high level. The Market Action Index is a good leading indicator for the durability of this trend.

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
$35,000,000 14,809 0.5 - 1 acre 6 11 1 0 0 273
$15,750,000 7,368 0.25 - 0.5 acre 5 8 22 1 0 42
$8,350,000 4,809 0.25 - 0.5 acre 5 5.5 20 0 1 49
$3,550,000 3,153 6,500 - 8,000 sqft 4 3.5 27 2 2 10