Market Update for Newport Beach Single Families

Active
Volume: 201 (-1%)
Low: $785,000 (+1.3%)
High: $29,995,000 (0)
Average: $3,679,191.43 (+1%)
Median: $2,995,000 (+1%)

Under Contract
Volume: 28 (+20%)
Low: $775,000 (-22%)
High: $5,995,000 (-45%)
Average: $2,629,571.11 (-15%)
Median: $2,420,000 (-5%)

Pending
Volume: 22 (+16%)
Low: $829,500 (0)
High: $10,900,000 (+88%)
Average: $2,660,534.09 (-6.7%)
Median: $1,877,000 (-1.2%)

Sold (last 30 days)
Volume: 45 (-13%)
Low: $907,000 (+54%)
High: $12,600,000 (0)
Average: $2,752,964.89 (-3.4%)
Median: $2,015,000 (-2.2%)

Average % Difference between List Price and Purchase Price: -5.28%