Newport Beach, CA Home Values & Market Trends
Real estate market trends reflect that there have been 851 transactions over the past year in Newport Beach. The median value for residential home transactions that occurred over the previous year is $2,655,345.68. The number of current listings in Newport Beach is 160, and the percentage of properties for sale in the city is 160.00%. Newport Beach, CA currently has 36 properties in foreclosure, 1 bank owned properties, 8 properties headed for auction, and 160 properties for sale.
Newport Beach, CA Real Estate Market Overview
Housing Market Summary for Newport Beach, CA
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $3.2M | $2.6M | -18.11% |
| Median Sold Price | $2.2M | $2.6M | 16.00% |
| Homes For Sale | 178 | 154 | -13.48% |
| Homes Sold | 663 | 696 | 4.98% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Newport Beach, CA
Browse Homes in Newport Beach, CA
Newport Beach home values range from $289,575 to $28,379,925. The median estimated value of a home in Newport Beach is $2,655,345.68. The median list price of a home is 3,795,000, and the total count of properties in the city is 21,545.
- Pre-ForeclosurePre-foreclosure homes account for 0.13% of all residential properties in Newport Beach, CA with 92663 containing 12 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 4 zips within Newport Beach, CA; of those zips, the estimated home value for pre-foreclosure homes ranges from $2,774,500 in 92662 to the lowest home value of $688,700 in 92663.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Newport Beach, CA ranges from the highest value of $0 in 92662 to the lowest value of $0 in 92660. Bank owned homes and properties account for 0.00% of properties in Newport Beach, CA. There are 4 zips within Newport Beach, CA; 92661 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions92663 has 4 auction properties, the highest number of properties going to auction in a single zip in the state of Newport Beach, CA. Auction homes and other auction properties account for 0.04% of all properties in Newport Beach, CA. There are 4 zips within Newport Beach, CA; of those zips, the median estimated home value for homes going to auction ranges from $1,747,000 in 92660 to the lowest value of $903,750 in 92660.
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Guide for Newport Beach, CA
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