Newport Beach, CA 92660 Real Estate Market Report

ZIP Code: 92660
Report Date: May 2026
Market Temperature: N/A
Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

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Market Trends & Context

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Newport Beach, CA, are averaging 6.35%, which is 0.41% lower than the 6.76% average observed for similar loans in this market during the same period in 2025.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. $3,407,500 median sold price is the primary indicator of recent transaction value in 92660 and suggests that closed transactions remain strong relative to asking expectations; the gap between the median listing price and the median sold price appears to indicate pricing friction between seller expectations and transaction outcomes, which may require pricing alignment to accelerate closings.

2. The market shows a year-over-year price trend that is up, which, combined with a year-over-year rent trend that is up, supports continued buyer interest and income-side strength; given this, consider positioning competitive listings to capture rising price momentum and rental demand (up).

3. The median days on market of 271 signals slower sales velocity and suggests transactions may take longer to complete in this cycle; sellers and agents should plan for extended marketing timelines and buyers can expect longer decision windows (slower sales velocity).

4. Inventory conditions in the analyzed sample reflect a relatively constrained active supply compared with recent sales activity, which appears to support sustained price resilience; financing remains meaningful to market dynamics given current 30-year fixed mortgage rates averaging 6.35%, which is 0.41% lower than the 6.76% average observed for similar loans in this market during the same period in 2025, and interest rate pressure is characterized as moderate, suggesting cautious but viable buyer financing conditions (moderate interest rate pressure).

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.

Newport Beach, CA 92660 Real Estate Market Report

ZIP Code: 92660
Report Date: May 2026
Market Temperature: N/A
Scope: This ZIP code analysis focuses on condominium properties. Metrics are calculated from recent condo sales and active listings within the past 90 days.

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Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Market Metrics

Note: The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

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Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Newport Beach, CA, are averaging 6.35%, which is 0.41% lower than the 6.76% average observed for similar loans in this market during the same period in 2025.

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

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Key Findings

1. The primary indicator of recent transaction activity is the median sold price: 1,672,500, which aligns with a market-level up price trend and suggests recent closed transactions are supporting elevated valuation levels in the ZIP code.

2. There is a narrow gap between the median listing price: 1,687,500 and the median sold price, which may indicate representative recent sale pricing rather than large seller-markup; sellers pricing near market levels appears to aid transaction completion rather than create persistent pricing friction.

3. The median days on market: 324 is materially long and suggests slower sales velocity; this persistence in time-to-contract may indicate buyers are selective and transactions proceed cautiously despite realized price strength.

4. Local financing context shows Current 30-year fixed mortgage rates averaging 6.35%, which is 0.41% lower than the comparable 2025 average and, together with a reported moderate interest rate pressure, may support continued buyer engagement while keeping affordability considerations in play.

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Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.