Market Update for Newport Beach Single Family Homes

Active
Volume: 290 (-1.4%)
Low: $619,900 (0)
High: $24,000,000 (0)
Average: $3,612,019.44 (-.37%)
Median: $2,927,500 (+1.6%)

Under Contract
Volume: 51 (-7.2%)
Low: $888,000 (0)
High: $9,750,000 (+39%)
Average: $2,465,990.18 (-1.3%)
Median: $1,995,000 (-9.1%)

Pending
Volume: 35 (+13%)
Low: $729,000 (0)
High: $24,995,000
Average: $2,997,974.40 (+1.6%)
Median: $1,999,900 (+5.8%)

Sold (over the last 30 days)
Volume: 48 (-5.9%)
Low: $719,000 (0)
High: $5,650,000 (-19%)
Average: $2,585,891.29 (-4.9%)
Median: $2,800,000 (+30%)
Average % Difference between List Price and Purchase Price: -4.1% (+4.7%)