|Apartment Size||Sep||vs Last Month|
|1 bed apartments||$799,455||+15.6%|
|2 bed apartments||$1,431,537||+3.7%|
|3 bed apartments||$2,296,382||-2.8%|
|4+ bed apartments||$4,374,232||+0.5%|
During Sep 2020, the average price for an apartment in/near Newport Beach, CA decreased by 0.7% to $3,350,291.
After collecting all data points, we now see that the average price for 1-bed apartment increased by 15.6% to $799,455. Asking price for 2-bed apartment also increased by 3.7% and a place of this size will now cost you $1,431,537. A 3-bed apartment goes for $2,296,382, it decreased by 2.8% lately. We discerned the rise of 4- and more bed apartment price. It increased by 0.5% and made it up to $4,374,232.
|Listing Type||Sep||vs Last Month|
|Houses for sale||$4,094,312||+1.4%|
|Condos for sale||$1,821,808||+4%|
|Apartments for sale||$3,771,971||+4.6%|
|Townhouses for sale||$1,288,380||-5.8%|
|Lofts for sale||$2,933,109||+22.4%|
|Duplexes for sale||$3,339,676||-10.3%|
The average cost of an apartment in Newport Beach, CA rised by 4.6% to $3,771,971. Price reports demonstrate that house price increased by 1.4% this month making it up to $4,094,312. Condos are really in demand in this season. The median price for a condo increased by 4%, it’s now available for $1,821,808. You can now purchase a duplex for just $3,339,676, duplex price decreased by 10.3% this month. The price dynamics of lofts changed, it increased by 22.4%, the price tag now starts at $2,933,109. The property value of townhouses decreased by 5.8%, you’ll have to spend around $1,288,380 to get one.