Market Update for Newport Beach Condos and Town Homes

Active
Volume: 70 (-5%)
Low: $315,000 (0)
High: $3,800,000 (0)
Average: $1,478,713.89 (+.5%)
Median: $1,200,000 (0)

Under Contract
Volume: 25 (+19%)
Low: $349,000 (0)
High: $3,595,000 (+12%)
Average: $1,027,067.96 (+15%)
Median: $774,900 (0)

Pending
Volume: 7 (0)
Low: $450,000 (0)
High: $4,195,000 (0)
Average: $1,190,557.14 (-21%)
Median: $668,900 (-22%)

Sold (last 30 days)
Volume: 22 (-21%)
Low: $371,000 (0)
High: $2,600,000 (+2%)
Average: $1,027,770.55 (-1.2%)
Median: $851,500 (-8.4%)
Average % Difference between List Price and Purchase Price: -3%