How competitive is the Newport Beach housing market?
Where competition is hottest
Citywide the market is “somewhat competitive,” Compete Score 43, and homes receive about 2 offers on average. “Hot” homes can still sell closer to list in about 30 days.
Where it softens
Neighborhoods vary. For example, West Newport Beach is “not very competitive,” pending in about 111 days on average.
How buyers win
Arrive fully underwritten with a respected local lender. Review disclosures before writing. Align on inspection and appraisal strategies.
How sellers capitalize
Stage, price precisely, and concentrate showings to encourage strong offers.
FAQ
Are all cash offers common
Cash is more prevalent in coastal luxury segments. Use proof of funds and clean terms.
Do pre inspections help
Yes, fewer surprises and faster timelines.
Ask me for a buyer or seller playbook matched to your price band.
Contact
Kyle Shutts | Realtor | Arbor Real Estate
(714)317-3449
KyleShutts.com
