Newport Beach, CA Housing Market
The Newport Beach housing market is somewhat competitive. The median sale price of a home in Newport Beach was $3.2M last month, up 17.6% since last year. The median sale price per square foot in Newport Beach is $1.28K, up 9.6% since last year.
Newport Beach Housing Market Trends
In March 2024, Newport Beach home prices were up 17.6% compared to last year, selling for a median price of $3.2M. On average, homes in Newport Beach sell after 56 days on the market compared to 51 days last year. There were 90 homes sold in March this year, down from 94 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Newport Beach housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 2% below list price and go pending in around 50 days.
- Hot homescan sell for around list price and go pending in around 23 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% above list price and go pending in around 23 days.
- Hot homescan sell for about 5% above list price and go pending in around 13 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for around list price and go pending in around 28 days.
- Hot homescan sell for about 3% above list price and go pending in around 19 days.
Newport Beach Migration & Relocation Trends
- Across the nation, 5% of homebuyers searched to move into Newport Beach from outside metros.
- San Francisco homebuyers searched to move into Newport Beach more than any other metro followed by New York and Seattle.
- 80% of Newport Beach homebuyers searched to stay within the Newport Beach metropolitan area.
- San Diego was the most popular destination among Newport Beach homebuyers followed by Las Vegas and Phoenix.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 4,520 | ||
2 | 1,547 | ||
3 | 1,038 | ||
4 | 572 | ||
5 | 121 | ||
6 | 17 | ||
7 | 6 | ||
8 | 6 | ||
9 | 6 | ||
10 | 4 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 11,368 | ||
2 | 6,417 | ||
3 | 3,920 | ||
4 | 3,697 | ||
5 | 2,691 | ||
6 | 1,694 | ||
7 | 1,681 | ||
8 | 1,429 | ||
9 | 1,333 | ||
10 | 1,245 |
Home offer insights for Newport Beach
Recent offers
View houses in Newport Beach that sold recently
Recently sold homes
- $1,825,000 Last Sold Price4 beds3.5 baths2,207 sq ft60 Ebb Tide, Newport Beach, CA 92663List Price$1,880,000Sale to List3% under listDays on Market47 days60 Ebb Tide, Newport Beach, CA 92663
- $4,720,000 Last Sold Price4 beds3.5 baths3,655 sq ft40 Harcourt, Newport Coast, CA 92657List Price$4,998,000Sale to List6% under listDays on Market76 days40 Harcourt, Newport Coast, CA 92657
- $3,250,000 Last Sold Price4 beds3.5 baths3,478 sq ft30 Hillsdale Dr #19, Newport Beach, CA 92660CompassList Price$3,150,000Sale to List3% over listDays on Market54 days30 Hillsdale Dr #19, Newport Beach, CA 92660
- $1,310,000 Last Sold Price2 beds2.5 baths1,850 sq ft417 BAY HILL Dr, Newport Beach, CA 92660List Price$1,299,000Sale to List1% over listDays on Market32 days417 BAY HILL Dr, Newport Beach, CA 92660
- $3,430,000 Last Sold Price4 beds2 baths2,629 sq ft2800 Lighthouse Ln, Corona Del Mar, CA 92625List Price$3,575,000Sale to List4% under listDays on Market45 days2800 Lighthouse Ln, Corona Del Mar, CA 92625
- $3,150,000 Last Sold Price4 beds2 baths1,879 sq ft1607 Warwick Ln, Newport Beach, CA 92660List Price$2,995,000Sale to List5% over listDays on Market49 days1607 Warwick Ln, Newport Beach, CA 92660
- $5,995,000 Last Sold Price4 beds3 baths2,193 sq ft1105 N Bay Front, Newport Beach, CA 92662List Price$5,995,000Sale to List0% over listDays on Market0 days1105 N Bay Front, Newport Beach, CA 92662
- $3,950,000 Last Sold Price3 beds3.5 baths2,155 sq ft434 Dahlia Ave, Corona Del Mar, CA 92625Arbor Real EstateList Price$3,895,000Sale to List1% over listDays on Market24 days434 Dahlia Ave, Corona Del Mar, CA 92625
See all recently sold homes in Newport Beach.
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Schools in Newport Beach
- Elementary
- Middle
- High
GreatSchools Rating
9/10 Maude B. Davis Elementary School Public • K-6 • Choice school | 565 Students | 29 reviews |
9/10 Roy O. Andersen Elementary School Public • K-6 | 368 Students | 6 reviews |
8/10 Newport Coast Elementary School Public • K-6 | 517 Students | 16 reviews |
8/10 Bonita Canyon Elementary School Public • K-6 • Choice school | 468 Students | 20 reviews |
8/10 Turtle Rock Elementary School Public • K-6 • Choice school | 847 Students | 25 reviews |
Climate's impact on Newport Beach housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Newport Beach.
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Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Minimal
Wind Factor
Heat Factor - Major
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Transportation in Newport Beach
Walk Score®
Transit Score®
Bike Score®
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