Last month in November, housing in Newport Beach, CA ended with 44 homes being added to the market for sale, for a cumulative monthly total of 110 homes for sale - down -14% compared to October. Newport Beach, CA had a total of 53 homes sold for the month - up 11% from the month prior.
Detached led the way in homes sold with a total of 43 - up 23%, while attached totaled 10 in closed sales - down -40% from the month of October. The number of detached properties sold under 1500 square feet totaled 3 for the month of November, while homes from 1500 to 2000 square feet recorded 8 sales and homes sized from 2000 to 2500 square feet had 3 sales. While homes from 2500 to 3000 square feet square feet recorded 7 homes sold and homes from 3000 to 3500 square feet had 8 sales, while homes in the 3500 to 4000 square feet range totaled 7 homes sold. Homes from 4000 to 4500 square feet had 4 sales and homes over 5500 square feet recorded 3 homes sold. The following ranges for detached homes all had no sales: 4500 to 5000.
The number of attached homes sold under 1500 square feet numbered 2, attached homes in the square feet range of 1500 to 2000 recorded 4 sales and attached properties from 2000 to 2500 square feet had a total of 2 homes sold. Attached properties from 3000 to 3500 square feet had a total of 1 homes sold and attached properties from 4000 to 4500 square feet had a total of 1 homes sold. The following ranges for attached homes all had no sales: 2500 to 3000, 3500 to 4000, 4500 to 5000, over 5500.
The last 12 month period for the city of Newport Beach, CA shows that the greatest number of homes were sold during the months of May 2024, July 2024 and August 2024. The months of May 2024, July 2024 and August 2024 had 67 - 62 and 63 homes sold, respectively, as compared to an average of 46 for the other months of the year.
The last 12 month period for the city of Newport Beach, CA shows that homes sold the fastest during the months of March 2024, May 2024 and June 2024. The months of March 2024, May 2024 and June 2024 had 31 - 21 and 18 days on market, respectively, as compared to an average of 44 for the other months of the year.
Number of homes sold in Newport Beach, CA | |||||||||||||
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Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total |
2024 | 31 | 41 | 52 | 57 | 67 | 44 | 62 | 63 | 44 | 47 | 53 | - | 561 |
2023 | 33 | 31 | 52 | 51 | 58 | 47 | 54 | 58 | 44 | 54 | 37 | 45 | 564 |
2022 | 66 | 56 | 74 | 79 | 64 | 68 | 40 | 61 | 51 | 35 | 29 | 24 | 647 |
2021 | 67 | 99 | 118 | 124 | 120 | 99 | 96 | 88 | 71 | 90 | 66 | 67 | 1105 |
2020 | 74 | 118 | 67 | 29 | 41 | 73 | 69 | 113 | 116 | 122 | 86 | 77 | 985 |
2019 | 40 | 39 | 68 | 78 | 85 | 76 | 89 | 75 | 72 | 89 | 65 | 77 | 853 |
2018 | 51 | 57 | 60 | 85 | 83 | 80 | 84 | 74 | 59 | 54 | 57 | 41 | 785 |
2017 | 63 | 50 | 73 | 76 | 100 | 87 | 79 | 89 | 74 | 71 | 54 | 74 | 890 |
Average Days On Market (DOM) In Newport Beach, CA | |||||||||||||
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Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Average |
2024 | 59 | 40 | 31 | 40 | 21 | 18 | 47 | 38 | 50 | 40 | 40 | - | 39 |
2023 | 45 | 40 | 32 | 29 | 33 | 30 | 20 | 25 | 37 | 35 | 34 | 41 | 33 |
2022 | 35 | 20 | 23 | 6 | 21 | 14 | 23 | 23 | 38 | 42 | 40 | 5 | 24 |
2021 | 44 | 36 | 25 | 26 | 33 | 24 | 20 | 21 | 23 | 22 | 30 | 25 | 27 |
2020 | 83 | 68 | 57 | 32 | 40 | 57 | 57 | 48 | 39 | 46 | 39 | 35 | 50 |
2019 | 74 | 47 | 72 | 60 | 48 | 38 | 64 | 63 | 57 | 64 | 70 | 63 | 60 |
2018 | 86 | 40 | 47 | 55 | 46 | 32 | 58 | 43 | 78 | 55 | 50 | 68 | 55 |
2017 | 74 | 64 | 53 | 56 | 59 | 53 | 47 | 52 | 71 | 66 | 45 | 60 | 58 |
Average Days From List To Close Of Escrow In Newport Beach, CA | |||||||||||||
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Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Average |
2024 | 119 | 80 | 88 | 84 | 65 | 75 | 90 | 85 | 124 | 85 | 105 | - | 91 |
2023 | 110 | 92 | 72 | 86 | 78 | 71 | 66 | 67 | 87 | 79 | 65 | 88 | 80 |
2022 | 99 | 63 | 68 | 56 | 63 | 61 | 72 | 61 | 76 | 106 | 86 | 78 | 74 |
2021 | 98 | 99 | 80 | 86 | 78 | 75 | 69 | 65 | 79 | 71 | 86 | 83 | 81 |
2020 | 145 | 124 | 97 | 78 | 99 | 116 | 118 | 109 | 89 | 100 | 89 | 80 | 104 |
2019 | 116 | 100 | 149 | 111 | 108 | 82 | 106 | 106 | 106 | 108 | 129 | 114 | 111 |
2018 | 136 | 104 | 87 | 110 | 95 | 78 | 100 | 87 | 128 | 100 | 105 | 107 | 103 |
2017 | 132 | 104 | 114 | 108 | 107 | 110 | 97 | 101 | 139 | 120 | 104 | 105 | 112 |
Number of homes added to the market in Newport Beach, CA | |||||||||||||
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Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total |
2024 | 79 | 63 | 75 | 90 | 96 | 70 | 61 | 74 | 65 | 63 | 44 | - | 780 |
2023 | 55 | 67 | 62 | 73 | 83 | 89 | 78 | 84 | 76 | 56 | 49 | 21 | 793 |
2022 | 70 | 72 | 95 | 60 | 98 | 65 | 61 | 43 | 48 | 38 | 55 | 31 | 736 |
2021 | 102 | 97 | 118 | 92 | 103 | 91 | 95 | 82 | 76 | 60 | 43 | 41 | 1000 |
2020 | 75 | 167 | 64 | 47 | 91 | 100 | 110 | 106 | 99 | 93 | 80 | 71 | 1103 |
2019 | 55 | 75 | 96 | 92 | 98 | 81 | 80 | 81 | 64 | 64 | 50 | 33 | 869 |
2018 | 59 | 60 | 98 | 108 | 103 | 62 | 46 | 64 | 50 | 71 | 41 | 37 | 799 |
2017 | 82 | 83 | 102 | 86 | 83 | 95 | 74 | 55 | 53 | 65 | 53 | 33 | 864 |