Market Update for Newport Beach Single Families

Active
Volume: 203
Low: $775,000 (0)
High: $29,995,000 (0)
Average: $3,654,929.45 (-1.3%)
Median: $2,975,000 (0)

Under Contract
Volume: 20 (-20%)
Low: $989,000 (+10%)
High: $10,900,000 (0)
Average: $3,089,649.55 (+4.4%)
Median: $2,547,500 (+11%)

Pending
Volume: 19 (-21%)
Low: $829,500 (0)
High: $5,795,000 (-10%)
Average: $2,338,039.47 (+8.6%)
Median: $1,899,000 (-1.5%)

Sold (last 30 days)
Volume: 52  (0)
Low: $590,000 (0)
High: $12,600,000 (0)
Average: $2,851,219.62 (-4.0%)
Median: $2,060,000 (-4.2%)
Average % Difference between List Price and Purchase Price: -5.5%