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Newport Beach Market Report

$3,202,095

AVERAGE PRICE OF 452 HOMES

$1,789,978

AVERAGE PRICE OF 5 DISTRESSED HOMES

$3,426,914

AVERAGE PRICE OF 414 MULTI-MILLION DOLLAR HOMES

$5,461,639

AVERAGE PRICE OF 46 NEWLY BUILT HOMES

$2,820,764

AVERAGE PRICE OF 172 HOMES WITH A POOL

$2,368,531

AVERAGE PRICE OF 13 REDUCED PRICE HOMES

Average Home

Average Price $3,202,095
Avg Bedrooms 3.73 beds
Avg Bathrooms 3.81 baths

Average Price by Bedrooms

1 bedroom $710,987
2 bedrooms $1,583,876
3 bedrooms $2,568,023
4 bedrooms $3,393,041
5 bedrooms $4,391,354
Newport Beach Home Price Trends
  6/2020 5/2020 4/2020 3/2020 2/2020
Total Listings 416 367 321 371 364
Average Price $3,250,404 $3,062,689 $2,985,476 $3,110,481 $3,124,563
Avg Price Change +6.13% +2.59% -4.19% -0.45% -2.61%
Median Price $2,492,933 $2,395,500 $2,385,535 $2,448,309 $2,488,928
Med Price Change +4.07% +0.42% -2.63% -1.66% -1.09%
Avg Bedrooms 3.78 beds 3.75 beds 3.76 beds 3.75 beds 3.74 beds
Avg Bathrooms 3.92 baths 3.86 baths 3.87 baths 3.93 baths 3.9 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Codema 92 $2,494,955 75 days
Estanc 1 $600,000 20 days
Harbor 4 $3,681,750 41 days
Newhar 93 $3,067,848 100 days
Newpor 2 $2,140,000 57 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 452 $3,202,095 88 days
Distressed Homes 5 $1,789,978 17 days
Multi-Million Dollar Homes 414 $3,426,914 91 days
Newly Built Homes 46 $5,461,639 89 days
Homes with a Pool 172 $2,820,764 82 days
Reduced Price Homes 13 $2,368,531 94 days
Brian Liberto
3377 Via Lido
Newport Beach, CA 92663
714-931-3287
DRE# 01473233

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 10, 2020. 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.