Market Update for Newport Beach Condos/Town Homes

Active
Volume: 55
Low: $305,000
High: $3,800,000
Average: $1,527,095
Median: $1,225,000

Under Contract
Volume: 19
Low: $405,000
High: $3,595,000
Average: $1,155,878.32
Median: $879,000

Pending
Volume: 10
Low: $415,000
High: $4,195,000
Average: $1,232,795
Median: $867,000

Sold (last 30 days)
Volume; 15
Low: $340,000
High: $2,600,000
Average: $798,960
Median: $639,000

Average % Difference between List Price and Purchase Price: -4.4%

I promise I'm back in the swing of things and will have better data and analysis coming up in the next several weeks.