Market Update for Newport Beach Single Families

Active
Volume: 269 (-4.6%)
Low: $599,900 (-3.2%)
High: $24,000,000 (0)
Average: $3,318,209.20 (-6.6%)
Median: $2,995,000 (+4.0%)

Under Contract
Volume: 51 (+13%)
Low: $835,000 (0)
High: $9,750,000 (0)
Average: $2,440,115.69 (-4.3%)
Median: $1,975,000 (-12%)

Pending
Volume: 39 (0)
Low: $729,000 (0)
High: $6,995,000 (0)
Average: $2.320,589.87 (+6.4%)
Median: $1,995,000 (+.4%)

Sold (last 30 days)
Volume: 41 (-6.8%)
Low: $855,000 (0)
High: $20,000,000 (0)
Average: $2,799,718.66 (-2.4%)
Median: $1,860,000 (-3.9%)
Average % Difference between List Price and Purchase Price: -8.1% (+2.4%)