Market Update for Newport Beach Single Families

Active
Volume: 217 (+2.4%)
Low: $649,995 (0)
High: $29,995,000 (0)
Average: $3,694,504.46 (0)
Median: $2,950,000 (0)

Under Contract
Volume: 34 (0)
Low: $829,000 (0)
High: $7,295,000 (0)
Average: $2,490,755.88 (-3.1%)
Median: $2,322,000 (-3%)

Pending
Volume: 19 (-24%)
Low: $1,385,000 (+65%)
High: $5,995,000 (-45%)
Average: $2,754,842.05 (-5.1%)
Median: $2,495,000 (-4%)

Sold (last 30 days)
Volume: 41 (+21%)
Low: $795,000 (0)
High: $9,720,000 (+34%)
Average: $2,696,136.59 (+4.1%)
Median: $2,500,000 (+17%)

Average % Difference between List Price and Purchase Price: -3.74%