Newport Beach, CA Housing Market
The Newport Beach housing market is somewhat competitive. Homes in Newport Beach receive 2 offers on average and sell in around 59 days. The median sale price of a home in Newport Beach was $3.7M last month, up 34.3% since last year. The median sale price per square foot in Newport Beach is $1.38K, up 11.8% since last year.
Newport Beach Housing Market Trends
In April 2024, Newport Beach home prices were up 34.3% compared to last year, selling for a median price of $3.7M. On average, homes in Newport Beach sell after 59 days on the market compared to 43 days last year. There were 96 homes sold in April this year, up from 82 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 38 days.
- Hot homescan sell for about 1% above list price and go pending in around 19 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 6% 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 about 1% above list price and go pending in around 25 days.
- Hot homescan sell for about 5% above list price and go pending in around 14 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.
- 79% 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 | Mar '24 - May '24 | ||
1 | 3,361 | ||
2 | 1,791 | ||
3 | 276 | ||
4 | 32 | ||
5 | 16 | ||
6 | 16 | ||
7 | 11 | ||
8 | 11 | ||
9 | 6 | ||
10 | 6 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Mar '24 - May '24 | ||
1 | 12,739 | ||
2 | 6,357 | ||
3 | 3,917 | ||
4 | 3,856 | ||
5 | 2,554 | ||
6 | 2,168 | ||
7 | 1,978 | ||
8 | 1,646 | ||
9 | 1,611 | ||
10 | 1,528 |
Home offer insights for Newport Beach
Recent offers
- Offer Not Accepted|11 Weeks Ago~$6M OfferSold for $7M3 bd | 3.5 ba | ~2,250 sqftUnder List Price15%Days on Market197Competing Offers—OfferAll Cash
- Offer Not Accepted|5 Weeks Ago~$6M OfferSold for $7M3 bd | 3.5 ba | ~2,250 sqftUnder List Price9%Days on Market197Competing Offers1OfferAll Cash
View houses in Newport Beach that sold recently
Recently sold homes
- $3,100,000 Last Sold Price5 beds3.5 baths2,374 sq ft1751 Candlestick Ln, Newport Beach, CA 92660CompassList Price$3,100,000Sale to List0% over listDays on Market0 days1751 Candlestick Ln, Newport Beach, CA 92660
- $810,000 Last Sold Price3 beds2.5 baths1,394 sq ft4 Moonrise Ct #6, Newport Beach, CA 92663List Price$800,000Sale to List1% over listDays on Market36 days4 Moonrise Ct #6, Newport Beach, CA 92663
- $2,900,000 Last Sold Price2 beds2.5 baths1,219 sq ft430-1/2 Fernleaf, Corona Del Mar, CA 92625List Price$2,900,000Sale to List0% over listDays on Market47 days430-1/2 Fernleaf, Corona Del Mar, CA 92625
- $5,200,000 Last Sold Price3 beds3 baths2,437 sq ft618 Ramona Dr, Corona Del Mar, CA 92625Christie's InternationalList Price$5,449,000Sale to List5% under listDays on Market108 days618 Ramona Dr, Corona Del Mar, CA 92625
- $16,000,000 Last Sold Price4 beds4 baths5,309 sq ft52 Linda Isle, Newport Beach, CA 92660List Price$17,800,000Sale to List10% under listDays on Market84 days52 Linda Isle, Newport Beach, CA 92660
- $25,500,000 Last Sold Price3 beds2 baths1,339 sq ft311 Montero St, Newport Beach, CA 92661RedfinList Price$2,749,000Sale to List828% over listDays on Market151 days311 Montero St, Newport Beach, CA 92661
- $1,725,000 Last Sold Price3 beds2.5 baths1,808 sq ft523 Playa, Newport Beach, CA 92660List Price$1,800,000Sale to List4% under listDays on Market75 days523 Playa, Newport Beach, CA 92660
- $6,000,000 Last Sold Price6 beds4.5 baths3,000 sq ft5600 Seashore Dr, Newport Beach, CA 92663Surterre Properties Inc.List Price$6,000,000Sale to List0% over listDays on Market242 days5600 Seashore Dr, Newport Beach, CA 92663
See all recently sold homes in Newport Beach.
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Schools in Newport Beach
- Elementary
- Middle
- High
GreatSchools Rating
9/10 Harbor View Elementary School Public • K-6 | 275 Students | 5 reviews |
9/10 Meadow Park School Public • K-6 | 362 Students | 8 reviews |
9/10 Vista Verde Public • K-8 | 462 Students | 25 reviews |
9/10 Bonita Canyon Elementary School Public • K-6 | 449 Students | 20 reviews |
8/10 Maude B. Davis Elementary School Public • K-6 | 456 Students | 29 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.
Flood Factor - Major
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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