Newport Beach, CA

Leaning buyer's-1.4% YoY

Housing market overview · Updated weekly

$3.55Mmedian sale price

Homes sold

73

Last 12 weeks

Days on market

54

Average pace

Active listings

352

4.8 months supply

Sale-to-list

96.7%

Below asking

The Newport Beach housing market is currently classified as a leaning buyer's with a median sale price of $3.55M. Prices have fallen 1.4% compared to last year, with homes spending an average of 54 days on market, indicating 4.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Newport Beach

There are currently 352 homes listed for sale in Newport Beach, California. The median listing price is $4.4M.

Active listings

352

Homes on market

Median list price

$4.4M

Avg. days on market

54

Days until sale

New this week

148

Newly listed

Price drops:12.8%of listings
Sale-to-list:96.7%

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Frequently asked questions

What is the average home price in Newport Beach?

The median home sale price in Newport Beach is $3.55M, down 1.4% from last year.

How long do homes stay on market in Newport Beach?

Homes typically spend 54 days on market before going under contract.

Is Newport Beach a buyer's or seller's market?

With 4.8 months of supply, Newport Beach is currently a leaning buyer's.

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