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Newport Beach Market Report

$3,552,676

AVERAGE PRICE OF 325 HOMES

$1,829,000

AVERAGE PRICE OF 4 DISTRESSED HOMES

$4,369,950

AVERAGE PRICE OF 257 MULTI-MILLION DOLLAR HOMES

$4,360,446

AVERAGE PRICE OF 28 NEWLY BUILT HOMES

$3,231,831

AVERAGE PRICE OF 115 HOMES WITH A POOL

$2,717,692

AVERAGE PRICE OF 13 REDUCED PRICE HOMES

Average Home

Average Price $3,552,676
Avg Bedrooms 3.26 beds
Avg Bathrooms 3.39 baths

Average Price by Bedrooms

1 bedroom $511,557
2 bedrooms $956,915
3 bedrooms $2,941,706
4 bedrooms $4,450,616
5 bedrooms $4,199,704
Newport Beach Home Price Trends
  6/2021 5/2021 4/2021 3/2021 2/2021
Total Listings 341 354 377 327 n/a
Average Price $3,359,326 $3,415,524 $3,392,636 $3,579,176 n/a
Avg Price Change -1.67% +0.67% -5.50% n/a n/a
Median Price $2,527,983 $2,609,983 $2,631,600 $2,714,167 n/a
Med Price Change -3.24% -0.83% -3.14% n/a n/a
Avg Bedrooms 3.28 beds 3.22 beds 3.24 beds 3.3 beds n/a
Avg Bathrooms 3.37 baths 3.35 baths 3.41 baths 3.49 baths n/a
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Corona Del Mar 52 $2,858,033 55 days
Harbor 5 $4,583,800 54 days
Monta Vista 1 $1,899,900 36 days
Newport 4 $1,443,250 58 days
Newport Harbor 70 $3,240,610 49 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 325 $3,552,676 57 days
Distressed Homes 4 $1,829,000 97 days
Multi-Million Dollar Homes 257 $4,369,950 57 days
Newly Built Homes 28 $4,360,446 77 days
Homes with a Pool 115 $3,231,831 60 days
Reduced Price Homes 13 $2,717,692 57 days
2019 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information..
Based on information from California Regional Multiple Listing Service, Inc. as of July 31, 2021. 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.
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