Market report, updated

Market Report

Search in the city of Newport Beach

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Report prepared by Ocrealestateinc.com
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Market at a glance

Over the last 6 months, homes sold for 98.6% of list price in 36 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $1.91M Sold · $1.88M
$4.8M$3.7M$2.6M$1.5M
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Sold tab (last 6 months) Earlier

Peak: 9 sales in May. Last month: 5.

Where the market stands

All homes in this report, by status.

61homes
Active25 · 41%
Under contract5 · 8%
Sold (6 mo)31 · 51%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

5.0months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$3.22M
Under contract$5.55M
Sold$2.47M

Average days on market

Active40 days
Under contract57 days
Sold36 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 25
Average list price $3,223,143
Avg. days on market 40 days
Avg. price per ft² $1,387 Based on 24 of 25 homes
Avg. living area 2,088 ft² Based on 24 of 25 homes
Avg. beds / baths 3.3 / 3.1

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

1 home didn’t report living area and isn’t shown.

$15M$10M$5M$0

Price vs. living area: 24 homes plotted, up to $15M and 6,000 ft².

0 ft²2,0004,0006,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

1 home didn’t report bedrooms and isn’t shown.

Highest price per ft²

Top 7 homes in this status.

1517 Miramar Drive$2,447
2975 CATALPA STREET$2,194
2516 Bayside Dr$2,156
1527 W Balboa$1,997
4 Skysail$1,982
2056 Port Weybridge Place$1,970
2207 Port Harwick$1,729

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
2975 CATALPA STREETNewport Beach, CA 92660 554,554$9,995,000$2,19416 days
2207 Port HarwickNewport Beach, CA 92660 453,640$6,295,000$1,72967 days
1517 Miramar DriveNewport Beach, CA 92661 442,554$6,250,000$2,44725 days
2516 Bayside DrNewport Beach, CA 92625 552,550$5,498,000$2,15618 days
17 Colonial DriveNewport Beach, CA 92660 543,510$5,495,000$1,5654 days
2056 Port Weybridge PlaceNewport Beach, CA 92660 442,538$5,000,000$1,97053 days
1733 W Balboa BoulevardNewport Beach, CA 92663 ———$4,599,000—46 days
1527 W BalboaNewport Beach, CA 92663 532,000$3,995,000$1,99773 days
4 SkysailNewport Beach, CA 92625 331,917$3,800,000$1,9828 days
2025 Avenida ChicoNewport Beach, CA 92660 442,221$3,620,000$1,62913 days
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Next steps

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.