Newport Beach Real Estate Market Update – January 2026
As we begin 2026, the Newport Beach housing market is sending clear signals to both buyers and sellers. Inventory remains tight, buyer activity is steady, and pricing continues to reflect the premium demand for Orange County’s coastal lifestyle. This article breaks down the most current numbers, trends, and opportunities in the Newport Beach real estate market—including key submarkets like Corona del Mar, Newport Coast, and the condo segments.
Whether you're looking to buy, sell, or simply stay informed, this data-driven update will help you understand what’s really happening in the Newport Beach market.
Current Market Conditions in Newport Beach – January 2026
Median List Price: $5,900,000
Price per Square Foot: $1,744
Average Days on Market: 152
Inventory: 122 Active Listings
Market Action Index: 34 – Slight Seller’s Advantage
The market is in a holding pattern, with the Market Action Index hovering around 34. This suggests a slight advantage for sellers, though the overall pace has cooled compared to last year. Inventory has decreased, keeping the market from tipping fully into buyer territory.
Newport Beach Condos Market Snapshot
Median List Price: $1,850,000
Price per Square Foot: $1,189
Average Days on Market: 102
Inventory: 43 Active Listings
Market Action Index: 35 – Slight Seller’s Advantage
Condos in Newport Beach are still seeing relatively strong demand, but pricing pressure is easing. About 23% of condo listings have seen price reductions, and none have increased in recent weeks. This could signal room for negotiation, especially on properties that have been sitting on the market longer than average.
What This Means for Sellers
Sellers still have an edge in Newport Beach, but it's not the aggressive seller’s market we saw in previous years. Proper pricing and presentation are more important than ever. Homes are taking longer to sell, and price reductions are becoming more common across both single-family and condo listings.
If you're planning to list in early 2026, strategic pricing is essential. Buyers are watching market data closely and are more likely to negotiate in today’s environment.
What This Means for Buyers
Buyers in the Newport Beach market now have more leverage than they did in past years. With longer average days on market and a notable percentage of listings experiencing price drops, there are opportunities for negotiation—especially on homes that are relisted or have been sitting for several weeks.
However, low inventory levels continue to keep prices from falling significantly, so serious buyers should be ready to act when the right opportunity appears.
Final Thoughts
The Newport Beach real estate market in early 2026 is transitioning. While sellers retain a slight advantage due to limited inventory, buyers are gaining power through negotiation and time. The key to success in this market—whether you're buying or selling—is staying informed and being strategic.
If you're considering making a move in Newport Beach, Corona del Mar, Newport Coast, or anywhere along the Orange County coast, reach out for a custom strategy session.
Jarett Richards
Luxury Real Estate Advisor
Berkshire Hathaway HomeServices California Properties
Call/Text: 949-405-4455
DRE#02204462
Learn more at jarettrichards.com
