Newport Beach Real Estate Market

Newport Beach Market

The median sale price for homes in Newport Beach over the last 12 months is $1,147,500.


The median mortgage debt is $311,036.

Additional Statistics for Single Family Homes and Condos in Newport Beach, CA
$1,710,820
Median Listing Price
77
Median Days on Market
362
Active Listings
10.2%
Distressed Listings
(foreclosures and short sales)
Newport Beach, CA Price Trends - Sold vs. Listed
The median list price in May for single family homes in Newport Beach is $1,975,000. The list prices increased by 6.75% from the previous month.

The median sale price in January for single family homes is $1,220,000. The sale prices increased by 17.05% from the previous month.

The price per square foot for sales in this area is $534.

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Newport Beach, CA Market Inventory Trends

The number of active listings in Newport Beach dropped by 6.2% from the previous month.

The median number of days active properties have been listed is 78. This is significantly shorter than the national average.

The number of sales in January dropped by 84.6% from the previous month.

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Newport Beach, CA Property Ownership

The percent of owner occupied properties in Newport Beach is 14.74% below the national average.

The percent of rental properties in Newport Beach is 20.07% above the national average which is typical for urban areas.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.