Newport Coast, CA Home Values & Market Trends
Real estate market trends reflect that there have been 131 transactions over the past year in Newport Coast. The median value for residential home transactions that occurred over the previous year is $3,452,833.53. The number of current listings in Newport Coast is 30, and the percentage of properties for sale in the city is 30.00%. Newport Coast, CA currently has 12 properties in foreclosure, 0 bank owned properties, 2 properties headed for auction, and 30 properties for sale.
Newport Coast, CA Real Estate Market Overview
Zip | Median Est. Value |
---|---|
92657 | $ 8,475,000 $ 1,900/sqft |
Housing Market Summary for Newport Coast, CA
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $4M | $3.3M | -15.50% |
Median Sold Price | $3M | $3.3M | 9.49% |
Homes For Sale | 25 | 26 | 4.00% |
Homes Sold | 120 | 117 | -2.50% |
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 Coast, CA
Browse Homes in Newport Coast, CA
Newport Coast home values range from $1,110,900 to $43,995,000. The median estimated value of a home in Newport Coast is $3,452,833.53. The median list price of a home is 8,637,500, and the total count of properties in the city is 3,598.
- Pre-ForeclosurePre-foreclosure homes account for 0.28% of all residential properties in Newport Coast, CA with 92657 containing 13 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Newport Coast, CA; of that zips, the estimated home value for pre-foreclosure homes ranges from $10,850,000 in 92657 to the lowest home value of $1,419,250 in 92657.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Newport Coast, CA ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Newport Coast, CA. There is 1 zips within Newport Coast, CA; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions92657 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Newport Coast, CA. Auction homes and other auction properties account for 0.06% of all properties in Newport Coast, CA. There is 1 zips within Newport Coast, CA; of that zips, the median estimated home value for homes going to auction ranges from $1,538,500 in 92657 to the lowest value of $1,538,500 in 92657.
Compare Nearby Cities
More Real Estate Resources for Newport Coast, CA
Guide for Newport Coast, CA
In the past year, California’s real estate market has seen a moderate rise in property values, reflecting enduring confidence despite some fluctuations, with particular note on per square foot value increases and transactional stability across the diverse county markets.
This blog post discusses the dynamic real estate trends in Bakersfield, noting fluctuations in property values, sale prices, and activity levels. It also highlights differences in nearby cities, showcasing diverse market conditions shaped by localized factors and broader economic trends.
Oakland’s real estate market, along with its neighboring cities, experienced a peak in 2023 but slowly began to cool off in 2024.
Anaheim, CA’s real estate trends show consistent growth in property values, latest data shows.