AJ Olson Whitfield

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Newport Beach – Market Update

May 15, 2018 by AJ Olson

The average sales price for a 3 bedroom + single family home in Newport Beach is currently $3,049,640. There are currently 260 active listings, 43 pending escrows, and 54 closed transactions this year.

Our number of total active listings is consistent with our inventory of April last year; however, our under $2,000,000 inventory is down 29% from April 2017. In other words, inventory levels may appear the same but the price point has greatly increased.

If you are looking to buy or sell in Newport Beach, California contact me today: 949-433-8989


 

Homes for Sale in Newport Beach

[idx-listings city=”Newport Beach” statuses=”1″ propertytypes=”3921″ orderby=”DateAdded” orderdir=”DESC” count=”15″ showlargerphotos=”true”]

Filed Under: Blog, Market Statistics, Newport Heights

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AJ Olson Whitfield

Real Estate Expert
949.433.8989
DRE No. 01869034

Office

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1100 Newport Center Drive
Suite 110
Newport Beach, CA
92660
(949) 433-8989

Communities

Newport Beach
Corona del Mar
Newport Heights
Dover Shores
Cliff Haven
Lido Isle
Linda Isle

Harbor Island
Balboa Peninsula
Balboa Island
Bay Island
Castaways
Eastside Costa Mesa

         

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DRE No. 01869034