The median list price in Newport Coast this week is $4,095,000
Demand measured by the Market Action Index is increasing and days-on-market is trending downward. Even as more properties become available, these are positive trends for the market.
Supply and Demand
The market has shown some evidence of cooling recently. Both prices and invesntory levels are relatively unchanged in recent weeks. Watch for the Market Action Index to change as it can be leading indicator for price changes.
Price
While this week the median price in this zip code remained relatively flat. This week prices bumped down a bit but not significantly to change the overall outlook.
