November 2024 Real Estate Report

Homes For Sale
110 Total
Homes For Sale
Homes added
44 Homes
Added to the Market
Homes For Sale
53 Homes
Sold
Compared to Previous Month
-14%
Fewer Homes For Sale
home chart
11%
More Homes Sold
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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.


When are the most homes sold in Newport Beach, CA?
May:
67 Homes Sold
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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.

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When do homes sell the fastest in Newport Beach, CA?
June:
18 Days On Market
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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.


Average Price Of Homes Sold In Newport Beach, CA
By Size Category

Average Sold Price
Average Price Per Square Foot

Average Price Of Homes Sold In Newport Beach, CA
By Year

Average Sold Price
Average Price Per Square Foot
Number of homes sold in Newport Beach, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
20243141525767446263444753 - 561
2023333152515847545844543745564
2022665674796468406151352924647
20216799118124120999688719066671105
20207411867294173691131161228677985
2019403968788576897572896577853
2018515760858380847459545741785
20176350737610087798974715474890
Average Days On Market (DOM) In Newport Beach, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average
20245940314021184738504040 - 39
202345403229333020253735344133
2022352023621142323384240524
202144362526332420212322302527
202083685732405757483946393550
201974477260483864635764706360
201886404755463258437855506855
201774645356595347527166456058
Average Days From List To Close Of Escrow In Newport Beach, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Average
20241198088846575908512485105 - 91
2023110927286787166678779658880
2022996368566361726176106867874
202198998086787569657971868381
2020145124977899116118109891008980104
201911610014911110882106106106108129114111
201813610487110957810087128100105107103
201713210411410810711097101139120104105112
Number of homes added to the market in Newport Beach, CA
Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Total
20247963759096706174656344 - 780
2023556762738389788476564921793
2022707295609865614348385531736
20211029711892103919582766043411000
202075167644791100110106999380711103
2019557596929881808164645033869
201859609810810362466450714137799
20178283102868395745553655333864