Newport Beach, California Real Estate

Newport Beach Real Estate Market Conditions

Real estate in Newport Beach, CA has recently had a little sales boom following the down economy. While Newport Beach has seen its share of foreclosures and short sales, the number of distressed sales is down, the number of buyers looking to purchase is down, and prices have been leveling off. February update Low inventory still driving the slow market, time is needed to sell. This page, in particular, is geared toward those looking to sell Newport Beach real estate and/or those who want to keep up with the local market trends. If youre really looking more at buying a Newport Beach home, we recommend our Newport Beach Homes For Sale page where you can view all the listings available for sale and use our home search tools and local tips. For a quick response just call,text, or email us. If you just want to quickly browse listings, try the Real Estate Search over to the right to view the full list of homes for sale in the city of Newport Beach

Recently SOLD Newport Beach Homes

Newport Beach homes IN ESCROW

Last Months Newport Beach Home Sales Statistics

Single Family Homes

New Listings = 31 , yr over yr = (+)6.9%
Pending Sales = 35 , (+)16.7%
Closed Sales = 54, (-)1.8%
Days on Market Until Sale = 100, (+)9.9%
Median Sales Price = $1,795,000 , (+)15.2%
Average Sales Price = $1,907,683 , (+)6.4%
% of Original Sales Price Received = 93.9% , (+)2.1%
Inventory of Homes For Sale = 188 , (-)5.5%
Months Supply of Inventory = 3.6 , (-)5.3%

Townhouse-Condo

New Listings = 14 , yr over yr = (-)6.7%
Pending Sales = 16 , (+)0%
Closed Sales = 16 , (+)0%
Days on Market Until Sale = 72 , (-)14.3%
Median Sales Price = $777,500 , (+)10.3%
Average Sales Price = $893,366 , (+)2.3%
% of Original Sales Price Received = 94.3% , (-)3.5%
Inventory of Homes For Sale = 61 , (-)20.8%
Months Supply of Inventory = 3.0 , (-)14.3%