Newport Beach is currently tilted toward sellers, with the market gauge reading 24 and classified as a seller’s market. Inventory sits at about four months of supply, down more than 50% year over year, which helps explain why conditions still favor sellers despite some cooling in prices.
Over the latest rolling three-month period ending in April 2026, the typical home value is a little under $3.45 million, down roughly 9% from a year earlier. List prices have eased as well, with the median list price off about 4% year over year, suggesting sellers are adjusting expectations to meet buyers in today’s environment.
Activity has shifted, too, with homes sold down about 4% and pending sales down about 12% compared with a year ago, even as the share of homes selling above list has edged slightly higher to just over 16%. At the same time, homes are taking a median of 44 days to go under contract, and more than a third of listings still go off market within two weeks, highlighting a split between slower-moving and fast-moving segments. Buyers and sellers who want to navigate these mixed signals can turn to Agent Pronto to connect with a local agent who understands the Newport Beach market.
