Market Update for Newport Beach Condos and Townhouses

Active
Volume: 91 (-1%)
Low: $325,000 (0)
High: $3,995,000 (0)
Average: $1,236,688.10 (+7%)
Median: $950,000 (+.7%)

Under Contract
Volume: 28 (+7.7%)
Low: $399,900 (+25%)
High: $4,195,000 (0)
Average: $1,338,989.25 (+.7%)
Median: $994,500 (+1.2%)

Pending
Volume: 15 (+7.1%)
Low: $450,000 (0)
High: $2,548,765 (0)
Average: $951,855 (-1.3%)
Median: $669,000 (-2.1%)

Sold
Volume: 12 (-7.7%)
Low: $320,000 (-23%)
High: $2,300,000 (0)
Average: 988,416.67 (+11%)
Median: $835,500 (+12%)
Average % Difference between List Price and Purchase Price: -3% (+.9%)