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Newport Beach Market Report

$3,192,859

AVERAGE PRICE OF 405 HOMES

$1,751,098

AVERAGE PRICE OF 9 DISTRESSED HOMES

$3,533,970

AVERAGE PRICE OF 356 MULTI-MILLION DOLLAR HOMES

$5,264,663

AVERAGE PRICE OF 35 NEWLY BUILT HOMES

$3,064,641

AVERAGE PRICE OF 158 HOMES WITH A POOL

$2,293,800

AVERAGE PRICE OF 12 REDUCED PRICE HOMES

Average Home

Average Price $3,192,859
Avg Bedrooms 3.71 beds
Avg Bathrooms 3.91 baths

Average Price by Bedrooms

1 bedroom $612,350
2 bedrooms $1,409,770
3 bedrooms $2,351,886
4 bedrooms $3,431,982
5 bedrooms $4,017,950
Newport Beach Home Price Trends
  11/2019 10/2019 9/2019 8/2019 7/2019
Total Listings 454 497 535 547 556
Average Price $3,119,032 $3,187,335 $3,204,026 $3,245,984 $3,073,624
Avg Price Change -2.19% -0.52% -1.31% +5.61% -3.83%
Median Price $2,431,433 $2,492,054 $2,495,000 $2,493,326 $2,495,000
Med Price Change -2.49% -0.12% +0.07% -0.07% -3.58%
Avg Bedrooms 3.7 beds 3.69 beds 3.68 beds 3.65 beds 3.56 beds
Avg Bathrooms 3.87 baths 3.88 baths 3.87 baths 3.82 baths 3.7 baths
Home Price by High School
School Name Total Homes Average Price Avg Days on Site
Codema 87 $2,576,716 105 days
Harbor 6 $3,821,509 110 days
Newhar 77 $3,028,760 127 days
Newpor 1 $8,995,000 147 days
Home Price by House Size
Total Homes Average Price Avg Days on Site
All Homes 405 $3,192,859 124 days
Distressed Homes 9 $1,751,098 65 days
Multi-Million Dollar Homes 356 $3,533,970 128 days
Newly Built Homes 35 $5,264,663 127 days
Homes with a Pool 158 $3,064,641 121 days
Reduced Price Homes 12 $2,293,800 80 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 December 12, 2019. 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.