Market Update for Newport Beach Single Families

Active
Volume: 200 (0)
Low: $775,000 (-1.3%)
High: $29,995,000 (0)
Average: $3,618,933.38 (-1.6%)
Median: $2,975,000 (-1%)

Under Contract
Volume: 29 (+3.6%)
Low: $989,000 (+28%)
High: $7,595,00 (+27%)
Average: $2,868,827.28 (+9.1%)
Median: $2,345,000 (-3.1%)

Pending
Volume: 24 (+9.1%)
Low: $829,500 (0)
High: $10,900,000 (0)
Average: $2,844,739.58 (+6.9%)
Median: $2,499,000 (+33%)

Sold (last 30 days)
Volume: 39 (-13%)
Low: $929,000 (+2.4%)
High: $9,300,000 (-26%)
Average: $2,529,241.54 (-8.1%)
Median: $2,000,000 (-1%)
Average % Difference between List Price and Purchase Price: -3.53%