August 2026 Market Data •Redfin City-Limits Figures

Here’s where the Newport Beach market stands as of August 2026, the most recent full month of closings, with year-over-year comparisons to August 2025. Figures are Redfin city-limits data.

At a Glance — Newport Beach, August 2026

“Competition” reflects Redfin’s Compete Score — a 0–100 rating of how hard buyers compete for homes over the trailing three months, based on how many offers homes receive, how often they sell above asking, how quickly they go pending, and the sale-to-list ratio.

Prices and Pace

Newport Beach’s median sale price came in at $3,839,959 in August, 12.9% above August of last year and up roughly 2.5% from our June reading. That is a genuine reversal. As recently as June the city was still posting a year-over-year decline, and in May the gap was 5.1%. The top of the coast has moved from drag to leader, and Newport remains coastal Orange County’s price leader by a wide margin.

Volume was steady rather than exciting: 283 homes closed, essentially level with a year ago. Pace, though, remains the slowest on the coast. Median days on market rose six days to 63, and Redfin’s trailing three-month measure puts the typical Newport Beach home going pending in about 64 days — unchanged from June and still the longest runway of any coastal city we track.

Where the Leverage Sits

This is where Newport separates from the rest of the region. The sale-to-list ratio sits at 96.7%, meaning the average sale closed about 3% under asking, and just 12.4% of homes sold above list — down from 13.3% in June. Meanwhile 28.7% of listings took a price cut before selling, up from 24.5%. Fewer than one buyer in eight is paying over ask, and nearly three sellers in ten are reducing. Rising prices and a negotiable transaction are coexisting here, which is unusual and worth understanding before you write an offer either way.

What This Means for Buyers

If you have been waiting for room to negotiate in Newport Beach, you still have it. With homes taking roughly two months to go pending and close to three listings in ten already reduced, a well-reasoned offer below asking is a normal conversation rather than an insult. Before you write, ask for the full listing history — days on market and any prior reductions are your two best pieces of leverage.

The one thing that has changed is the direction of prices. Up 12.9% year over year, Newport is no longer a market where waiting is free. Waterfront and view properties also trade on their own logic, so lean on comparable sales within the specific neighborhood — Balboa Island, Corona del Mar, Newport Coast and Dover Shores are effectively different markets — rather than the citywide median.

What This Means for Sellers

Plan for a longer marketing window and price it right the first time. A 96.7% sale-to-list ratio says well-priced Newport homes still close within a few percent of ask, but the 28.7% reduction rate says the market punishes an ambitious opening number — and that rate went up, not down, over the summer.

Budget roughly two months to pending, invest in presentation, and resist the temptation to test a price you would not defend to an appraiser. The strong annual comparison is a reason for confidence in your number, not a license to add ten percent to it.

Bottom Line

Newport Beach has turned the corner on price while staying negotiable on terms. Up 12.9% from last August with steady volume, it is leading the coast on value — yet with the region’s lowest above-list share and longest time to pending, buyers still have more room here than almost anywhere on the coast.

Data provided by Redfin (redfin.com). Figures are city-limits monthly data for August 2026; competitiveness and time-to-pending reflect Redfin’s trailing three-month Compete Score.