Coastal Real Estate Guide

Newport Coast, CA

Single-Family Homes

Firebrand Media LLC



Newport Coast, CA

Mon Jan 24 2022
This week the median list price for Newport Coast, CA is $11,700,000 with the market action index hovering around 55. This is less than last month's market action index of 58. Inventory has held steady at or around 19. 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.

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’ll be looking for a persistent downward trend. If we see a persistent trend, especially if the MAI falls from the Seller’s Market zone to the Buyer’s Market zone, expect downward pressure on prices. There is already some evidence prices moving lower.

Newport Coast, CA

Mon Jan 24 2022
This week the median list price for Newport Coast, CA is $11,700,000 with the market action index hovering around 55. This is less than last month's market action index of 58. Inventory has held steady at or around 19. 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.

Strong Seller's Market

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’ll be looking for a persistent downward trend. If we see a persistent trend, especially if the MAI falls from the Seller’s Market zone to the Buyer’s Market zone, expect downward pressure on prices. There is already some evidence prices moving lower.

Real-Time Market Profile

Never miss important changes in the Newport Coast market.
Median List Price $11,700,000
Median Price of New Listings $4,500,000
Per Square Foot $1,430
Average Days on Market 180
Median Days on Market 63
Price Decreased 21%
Price Increased 0%
Relisted 0%
Inventory 19
Median Rent $18,250
Market Action 55
Strong Seller's Market

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
$43,499,000 14,219 0.5 - 1 acre 6 11 9 1 0 154
$19,998,000 11,451 0.5 - 1 acre 6 9 10 0 0 441
$7,680,000 4,710 0.25 - 0.5 acre 4 5 23 2 2 49
$3,895,000 2,964 6,500 - 8,000 sqft 4 4 24 4 2 0