Bob Coan -ThinkFree RealtyHome Inventory Newport Beach, CA - Here is the most Up To Date Market Trends for Newport Beach. Each week we take a snapshot of the market. This Altos Research Real-time Market Profile is the most up-to date market information available. The Profile shows you not only pricing and market numbers, but also trends in those numbers.


THIS WEEK
The median single family home price in NEWPORT BEACH this week is $2199000.

Newport Beach Real-Time Market Profile

Even though the days-on-market is trending higher, so is the Market Action Index at these inventory levels, providing a neutral outlook for the market.

PRICE
The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Newport Beach Median Price

SUPPLY AND DEMAND
Local conditions are currently quite strongly in the Buyer's Market zone (below 30). The 90-day Market Action Index stands at 16. With several months of inventory available at the current sales rate, buyers should find ample choice.

Newport Beach Market Action Index

QUARTILES
Investigate the market in quartiles-where each quartile is 25% of the homes

Newport Beach Characteristics per Quartile

Quartile 1 is Most expensive 25% of homes

Quartile 2 is Upper-middle 25% of homes

Quartile 3 is Lower-middle 25% of homes

Quartile 4 is Least expensive 25% of homes

Newport Beach  Market Trend Reports - ThinkFree Realty


Here are some FREE Real Estate Tools for Newport Beach Home Buyers and Sellers

1) Request a Free 12 Page Market Trends Report for Newport Beach

2) Homes for sale in Newport Beach

3) Find Out How Much Your Home is Worth

4) Search for Neighborhoods similar to Newport Beach

5) Request a Home Tour in Newport Beach

6) Search Local MLS, market data, featured listings in Newport Beach

7) Relocation resources

8) First time buyer resources

 

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Bob Coan

Tustin, CA

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ThinkFree Realty

Office Phone: (714) 730-6422

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