Market Update for Newport Beach Single Families

Active
Volume: 200 (0)
Low: $775,000 (0)
High: $29,995,000 (0)
Average: $3,661,938.38 (+1.2%)
Median: $2,985,000 (0)

Under Contract
Volume: 31 (+6.9%)
Low: $989,000 (0)
High: $7,595,000 (0)
Average: $2,733,419.35 (-4.7%)
Median: $2,495,000 (+6.4%)

Pending
Volume: 22 (-8.3%)
Low: $829,500 (0)
High: $10,900,000 (0)
Average: $2,867,249.59 (+1%)
Median: $2,550,000 (+2%)

Sold (last 30 days)
Volume: 34 (-13%)
Low: $925,000 (0)
High: $6,200,000 (-33%)
Average: $2,355,027.06 (-6.9%)
Median: $1,955,000 (-2.3%)

Average % Difference between List Price and Purchase Price: -3.04%