This Week
The median list price in Newport Coast this week is $4,122,500
Inventory is up and Market Action is trending down recently.
Supply and Demand
The market has been consistently cool for several weeks. Demand levels are low relative to available inventory. If inventory continues to grow, it is likely to see downward pressure on pricing.
Price
Prices have plateaued here at the all time high. When we see these conditions, pay close attention to the Market Action Index to gauge the leading indicators and whether prices will fall from here.
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