CaLee McManus' Market Report

Newport Beach, CA 92663

Single-Family Homes

Monarch Real Estate | CaLee@MonarchRealEstateCA.com | 949-606-2135



Newport Beach, CA 92663

Thu Feb 06 2025
This week the median list price for Newport Beach, CA 92663 is $6,249,000 with the market action index hovering around 31. This is about the same as last month's market action index of 31. Inventory has increased to 38. 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

Market Narrative

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Newport Beach, CA 92663

Thu Feb 06 2025
This week the median list price for Newport Beach, CA 92663 is $6,249,000 with the market action index hovering around 31. This is about the same as last month's market action index of 31. Inventory has increased to 38. 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

Market Narrative

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.

Real-Time Market Profile

Never miss important changes in the Newport Beach market.
Median List Price $6,249,000
Median Price of New Listings $6,097,000
Per Square Foot $1,999
Average Days on Market 123
Median Days on Market 102
Price Decreased 29%
Price Increased 3%
Relisted 8%
Inventory 38
Median Rent
Market Action 31
Slight Seller'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
$15,995,000 5,016 4,500 - 6,500 sqft 5 6 NaN 1 0 133
$7,500,000 3,099 0 - 4,500 sqft 5 5 24 0 0 189
$5,724,000 3,367 0 - 4,500 sqft 3 4.5 2 3 4 101
$3,499,450 2,120 0 - 4,500 sqft 3 3 NaN 0 2 77