NEWPORT BEACH 2017Real Estate Market Trends

Newport Beach January 2017

82Average Days on Market

Newport Beach Home Sales

65Sales in January

Newport Beach Sale Prices

-4.6%Average Sale Price 2017 vs. Jan 2016

Newport Beach Inventory

13%Increase in Inventory vs. January Last Year

Newport Beach Days on Market

28.1%Increase in Days on Market (82 Days) vs. January 2016 (64 Days)

Newport Beach Price Per Sq.Ft.

$856Price Per Sq.Ft.

Up 5.5% from Jan 2016 at $811

Sale Price vs. Listing Price

94%Asking Price vs. Sale Price

Jan 2017 94% vs Jan 2016 avg was 93.6%

Newport Beach Monthly Inventory

10.6%Increase in New Listings for Sale

Jan 2016 104 vs Jan 2017 115

NEWPORT BEACH 2017Pelton Real Estate

www.NewportBeachHomeOwners.com