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Weekly Market Update for the Port Streets of Newport Beach 🏡 August 12th, 2026

Weekly Market Update for the Port Streets of Newport Beach 🏡 August 12th, 2026

Weekly Market Update for the Port Streets of Newport Beach 🏡
August 12th, 2026

Click Here for Weekly Update Video

Over the last week in the Port Streets:
📍 0 New Listings hit the Market
📍 2 went into Escrow
📍 1 Sold! Congrats to 👏🏻
🔑 1946 Port Carney Pl. at $10.5M and 96 days on market

Out of over 1,100 homes:
✅ 6 are listed For Sale
✅ 4 Available Off-Market
✅ 2 are In Escrow
✅ 2 are listed For Rent

6-Month Market Snapshot 📈
• 21 homes Sold (down 9% from last year)
• Average Sold Price = $6.12M (up 3% from last year)
• Average Price/Sq Ft = $1,845 (up 5% from last year)
• Average Days on Market = 35 days
• Market Range = $3.65M→$12.15M

Average 30-year Mortgage Rate = 6.63% (down 4 basis points from last week) 📉

Contact me any time if I can help you navigate this market. 📲

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