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Newport Beach
The tables below show the annual average
price, median price and units sold for both single-family homes and
condos/townhomes in Newport Beach.
The Annual Trends menu to the left will
take you to similar pages for the other cities we cover in Orange
County.
|
Newport Beach |
|
(Single Family Homes) |
|
|
Prices |
Other |
Percent Change |
|
Average |
Median |
Sold |
Average |
Median |
Sold |
|
1998 |
$778,500 |
$610,000 |
686 |
|
|
|
|
1999 |
$857,780 |
$663,000 |
687 |
10.2% |
8.7% |
0.1% |
|
2000 |
$964,438 |
$775,000 |
629 |
12.4% |
16.9% |
-8.4% |
|
2001 |
$1,042,621 |
$845,000 |
591 |
8.1% |
9.0% |
-6.0% |
|
2002 |
$1,102,238 |
$950,500 |
632 |
5.7% |
12.5% |
6.9% |
|
2003 |
$1,439,152 |
$1,150,000 |
609 |
30.6% |
21.0% |
-3.6% |
|
2004 |
$1,802,613 |
$1,500,000 |
574 |
25.3% |
30.4% |
-5.7% |
|
2005 |
$1,992,682 |
$1,687,500 |
518 |
10.5% |
12.5% |
-9.8% |
|
2006 |
$2,344,888 |
$1,920,000 |
359 |
17.7% |
13.8% |
-30.7% |
|
2007 |
$2,362,689 |
$1,835,100 |
356 |
0.8% |
-4.4% |
-0.8% |
|
Newport Beach |
|
(Condos/Townhomes) |
|
|
Prices |
Other |
Percent Change |
|
Average |
Median |
Sold |
Average |
Median |
Sold |
|
1998 |
$340,042 |
$290,000 |
510 |
|
|
|
|
1999 |
$373,025 |
$327,500 |
504 |
9.7% |
12.9% |
-1.2% |
|
2000 |
$409,642 |
$359,000 |
541 |
9.8% |
9.6% |
7.3% |
|
2001 |
$458,983 |
$398,000 |
404 |
12.0% |
10.9% |
-25.3% |
|
2002 |
$500,648 |
$427,500 |
424 |
9.1% |
7.4% |
5.0% |
|
2003 |
$579,387 |
$495,000 |
437 |
15.7% |
15.8% |
3.1% |
|
2004 |
$738,658 |
$661,000 |
441 |
27.5% |
33.5% |
0.9% |
|
2005 |
$882,638 |
$799,450 |
374 |
19.5% |
20.9% |
-15.2% |
|
2006 |
$992,447 |
$840,000 |
269 |
12.4% |
5.1% |
-28.1% |
|
2007 |
$948,060 |
$800,000 |
203 |
-4.5% |
-4.8% |
-24.5% |
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Are you ready to buy or sell Newport Beach
real estate? Then fill out either the
buying
or
selling form, whichever is appropriate, and submit it. Don will
contact you. |
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