Newport Beach Housing Market Report – July 2026

Here's a look at how the Newport Beach, CA real estate market performed in July 2026, based on actual sold data from the MLS.

Market Snapshot

  • Homes Sold: 77
  • Median Sale Price: $3,550,000
  • Average Sale Price: $4,312,329
  • Average Price Per Sq Ft: $1,580
  • Average Days on Market: 88
  • Sale-to-List Price Ratio: 96.8%

Month-Over-Month Trends

Compared to June, the median sale price in Newport Beach moved 1.8% down (from $3,615,000 to $3,550,000). The number of homes sold was 8.3% down compared to the prior month (84 vs. 77). Average days on market shifted 6.0% up (83 days to 88 days).

Year-Over-Year Comparison

Compared to July 2025, the median sale price is 26.8% up (from $2,800,000 to $3,550,000). Sales volume is 6.9% up year-over-year.

What This Means

Newport Beach's luxury market is showing classic summer softness despite strong year-over-year gains. July saw a modest dip in both sales volume and median prices compared to June, with homes taking roughly a week longer to sell. While the 1.8% month-over-month decline is minor, it suggests buyer momentum has cooled as we move deeper into summer—a pattern typical for high-end coastal markets where serious purchasers often pause before fall. The 96.8% sale-to-list ratio remains healthy, indicating sellers aren't dramatically overpricing, though the expanding inventory of 403 active listings gives buyers more negotiating power than earlier this year.

The year-over-year perspective tells a more encouraging story. Median prices are up a substantial 26.8% since July 2025, reflecting the broader strength that's defined Southern California luxury real estate over the past year. The modest uptick in sales volume year-over-year suggests the market is sustaining interest despite higher rates and economic headwinds. With active listings sitting at 104 days on market—higher than the current 88-day average—there's inventory building rather than a shortage, which should keep price appreciation measured going forward.

Newport Beach Sales by Zip Code

Zip Code Homes Sold Median Price Avg $/SqFt Avg DOM
92660 38 $3,215,000 $1,237 85
92663 27 $3,150,000 $1,690 91
92662 7 $3,500,000 $2,088 101
92661 4 $6,875,000 $3,094 74
92657 1 $25,700,000 $2,702 N/A

Sales by Property Type

Property Type Homes Sold Median Price Avg $/SqFt
SINGLE_FAMILY 52 $4,532,500 $1,764
CONDOS 9 $1,470,000 $980
CONDO 6 $1,442,500 $1,240
MULTI_FAMILY 5 $3,703,500 $1,971
TOWNHOMES 3 $1,320,000 $1,091
MOBILE 2 $642,500 $575

Sales by Price Range

Price Range Homes Sold
$300K - $399K 1
$400K - $499K 1
$750K+ 75

Current Active Listings

As of this report, there are 403 active listings in Newport Beach with a median asking price of $4,195,000 and an average of 104 days on market.

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