February 2026 Real Estate Market Update: Newport Beach, Corona Del Mar, and Newport Coast
Low Inventory, Steady Pricing, and a Seller’s Advantage Across Coastal Orange County
If you're planning to buy or sell real estate in Coastal Orange County, this update will give you clear insights into the February 2026 market conditions. We cover three core areas: Corona Del Mar (CDM), Newport Beach, and Newport Coast — looking at both single-family homes and condos.
The common theme this month: low inventory and seller-leaning conditions, especially in luxury price points.
Corona Del Mar Real Estate – February 2026
Single-Family Homes
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Median List Price: $7.99 million
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Average Price per Sq Ft: $2,400
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Days on Market: 136
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Market Trend: Slight seller’s market
Corona Del Mar continues to perform as a high-end, low-turnover market. Homes are taking longer to sell, but prices remain firm. With reduced supply and consistent buyer demand, sellers still have the upper hand.
Condos
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Median List Price: $2.85 million
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Average Price per Sq Ft: $1,943
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Days on Market: 91
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Market Trend: Seller-leaning
Condos in CDM are moving slightly faster than single-family homes. Inventory remains tight, which is helping maintain strong price per square foot and competitive positioning for sellers.
Newport Beach Real Estate – February 2026
Single-Family Homes
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Median List Price: $5.62 million
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Average Price per Sq Ft: $1,748
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Days on Market: 148
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Market Trend: Slight seller’s market
Newport Beach homes are priced solidly, though buyers are taking more time to make decisions. Properties are sitting longer, but limited inventory is helping keep values stable. Sellers should still price strategically and prepare for longer listing timelines.
Condos
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Median List Price: $1.85 million
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Average Price per Sq Ft: $1,189
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Days on Market: 107
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Market Trend: Neutral to cooling
Condo inventory has grown slightly, leading to longer time on market. Buyers currently have more options and negotiating power in this segment compared to the past few months.
Newport Coast Real Estate – February 2026
Single-Family Homes
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Median List Price: $14.3 million
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Average Price per Sq Ft: $2,332
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Days on Market: 165
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Market Trend: Seller’s advantage
Newport Coast continues to lead as one of the most exclusive luxury markets in Southern California. With extremely limited inventory and steady demand, sellers are well-positioned to command premium pricing despite longer listing periods.
Condos
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Median List Price: $2.49 million
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Average Price per Sq Ft: $1,229
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Days on Market: 123
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Available Units: 5
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Market Trend: Strong seller’s market
Only five condo units are currently available in Newport Coast. With such limited inventory, sellers have significant pricing power and very little competition.
What This Means for Sellers in Coastal Orange County
The current market across Newport Beach, Corona Del Mar, and Newport Coast remains favorable to sellers. While homes and condos are sitting longer, prices are holding strong and inventory remains historically low.
Key Takeaways for Sellers:
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Inventory is tight: There is less competition than usual, especially in the luxury market.
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Buyers are motivated but selective: Overpriced listings will still sit.
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Proper presentation matters: Staging, marketing, and strategic pricing are critical.
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Now is a strategic time to list: The current conditions favor well-positioned sellers.
If you're considering selling your home in Newport Beach, CDM, or Newport Coast, now is the time to prepare and list. With fewer homes available, your property has a better chance to stand out and sell at a strong price.
Ready to Make a Move?
If you're thinking about selling, let's connect. I’ll help you analyze your property, understand your options, and build a listing strategy tailored to this market.
