Market Update for Newport Beach Condos and Townhouses

Active
Volume: 72 (-5.3%)
Low: $380,000 (0)
High: $4,390,000 (+13%)
Average: $1,479,093.67 (+7.5%)
Median: $1,199,500 (+6.6%)

Under Contract
Volume: 16 (+33%)
Low: $305,000 (0)
High: $3,199,000 (0)
Average: $784,124.25 (-7.9%)
Median: $659,000 (-8.6%)

Pending
Volume: 10 (-17%)
Low: $$450,000 (0)
High: $1,895,000 (-18%)
Average: $1,025,700 (-7.1%)
Median: $887,000 (0)

Sold (last 30 days)
Volume: 17 (-5.6%)
Low: $390,000 (+15%)
High: $4,025,000 (0)
Average: $1,166,529.41 (+10%)
Median: $745,000 (+8%)

Average % Difference between List Price and Purchase Price: -4.34%