Derry's Condo Headshot

Derry's Condo Headshot

Monday, September 19, 2016

Market Update for Newport Beach Single Family Homes

This data is for the overall market of Newport Beach single family homes. It does not distinguish between bay front, ocean front, or view. In the future, I'll be able to discuss trends as there are more data points to compare.

Actives
Volume: 312
Low: $619,900
High: $24,000,000
Average: $3,560,191.53
Median: $2,795,000

Active Under Contract
Volume: 54
Low: $739,000
High: $6,999,000
Average: $2,601,527.78
Median: $2,164,500

Pending
Volume: 30
Low: $729,000
High: $24,995,000
Average: $3,312,101.63
Median: $1,944,950

Sold (last 30 days)
Volume: 49
Low: $769,650
High: $7,000,000
Average: $2,538,548.47
Median: $1,848,000
Average % Difference between List Price and Purchase Price: -4.2%

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