Joshua Jacobs, Listing Office: Jim Jacobs Realty
Is West Newport Beach, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, West Newport Beach was a Neutral Market.
Housing Prices in West Newport Beach, CA
How much do homes in West Newport Beach, CA cost?
Median Sold Price
$2,000,000
$2,924/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
Summary: The median home sold price in West Newport Beach was $2,000,000 in December 2024, down 72.2% from last month, and the median price per square foot was $2,924.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $2.0M | N/A |
3 Bedrooms | - | - | N/A |
4 Bedrooms | - | - | N/A |
5+ Bedrooms | $7.2M | - | N/A |
Summary: West Newport Beach housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in West Newport Beach, CA
How many homes are available in West Newport Beach, CA?
Number of Homes For Sale
Nov 2024 | Dec 2024 | CHANGE |
---|---|---|
14 | 13 | -7.1% |
Summary: The West Newport Beach real estate market had 13 homes for sale in December 2024, a 7.1% decrease compared to November 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 0 | 0.0% |
2 Bedrooms | 1 | 2 | +100.0% |
3 Bedrooms | 7 | 7 | 0.0% |
4 Bedrooms | 1 | 1 | 0.0% |
5+ Bedrooms | 5 | 3 | -40.0% |
Summary: The West Newport Beach housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 100%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 40%.
Number of Homes Sold
Nov 2024 | Dec 2024 | CHANGE |
---|---|---|
2 | 1 | -50.0% |
Asking Price vs. Sold Price
0 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 1 homes were sold or pending in West Newport Beach in December 2024, down by 50.0% month-over-month. Of the 1 sold homes, 0% were sold under asking, 100% were sold at asking, and 0% were sold over asking.
Days on Market for West Newport Beach, CA
We’re sorry, we don't have information for this market at the moment
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During December 2024, 1 homes were sold in West Newport Beach; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.