Is Newport Beach a buyer's market or a seller's market right now?

Newport Beach is typically balanced overall, but the answer varies sharply by neighborhood and price point. Fast family-home corridors can go under contract in about two weeks, while higher-priced coastal pockets often allow real negotiation. The honest read depends on the specific submarket and tier rather than a single label.

Are Newport Beach home prices going down?

Newport Beach tends to reprice selectively — by neighborhood and by condition — rather than broadly. Median figures move with the mix of what sold as much as with underlying value, so price per square foot and volume watched month over month are the steadier signals. Well-located, well-presented homes continue to hold their footing.

How long are homes taking to sell in Newport Beach?

Citywide medians sit around a month, but neighborhood matters far more than the average — the fastest corridors move in roughly two weeks while slower submarkets can take two months or more. Homes priced to recent comparable sales sell fastest; overpriced listings account for most of the longer tail.

Is now a good time to buy in Newport Beach?

It depends on your situation more than any single statistic. Buyers generally find real selection and negotiating room in the slower submarkets and on listings past their first few weeks, while well-priced homes in the fast neighborhoods still sell quickly. It is a conversation about neighborhood, price point, timeline, and financing rather than a headline.

Is now a good time to sell in Newport Beach?

For prepared sellers it usually is. Homes priced to their closed comparables and shown in finished condition tend to go under contract within the first two weeks. The smartest first step is not a listing agreement but a private read on how your specific home would compete if it launched today.

What is my Newport Beach home worth right now?

More than any algorithm can tell you, in either direction. Sold price per square foot varies enormously by neighborhood, so automated estimates miss condition, light, lot position, and which buyer pool your street trades in. An instant estimate paired with a human read against the sales actually closing around you is the combination that means something.

What is happening in the Newport Beach luxury market?

It splits by tier. Most sales cluster above three million dollars; above five million, inventory is thicker and buyers can be patient, and the ultra-luxury tier above ten million often trades quietly, arranged before a listing ever goes public.

Are sellers negotiating in Newport Beach?

Selectively — it varies by condition, location, and seller motivation. Listings sitting past a month are where conversations open up, while sharply priced new listings still command fast contracts. The gap between asking and sale prices is widest in the highest-ask pockets.

How do mortgage rates affect Newport Beach real estate?

Less directly than in most markets, and unevenly. A significant share of purchases are cash and many financed buyers bring substantial equity, so rates matter most in the roughly one-and-a-half to three million dollar range and in the feeder markets buyers sell out of first.

What Newport Beach neighborhoods are most active?

Activity concentrates in the family-home corridors such as Harbor View, the Port Streets, and Eastbluff, and in Corona del Mar, though these can run at very different tempos. The monthly submarket data on the Newport Beach market update page carries the current detail.

How often should I check my Newport Beach home value?

For most homeowners a serious look once a year is right, plus any time something material changes such as a remodel, a notable sale on your street, or a shift in your plans. Automated estimates are a starting point, not an answer, especially where price per square foot varies widely by neighborhood.

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Pocket Listing

38 Upperbend

38 Upperbend, Irvine, CA 92618

$1,648,500

This newly updated, move-in ready Paloma residence in Portola Springs offers quiet luxury, a spacious layout, and low Mello-Roos.

A private gated entry opens to a welcoming courtyard and side patio, creating a seamless indoor-outdoor living experience from the moment you arrive.

The open-concept floor plan showcases exposed wood-beam ceilings, crown molding, a custom brick fireplace, and wide-plank mahogany hardwood floors accented by natural stone tile. The chef's kitchen features ample storage, high-end stainless steel appliances, and a charming Dutch door. As an end unit with only one shared wall on the first floor, the home offers complete privacy from every room -- delivering the feel of single-family living at a condo price point.

Upstairs, a spacious loft provides flexible living space, while the primary suite includes a private patio, walk-in closet, and spa-style bath with dual vanities, soaking tub, and upgraded shower. Two secondary bedrooms share a Jack-and-Jill bath, and a dedicated upstairs laundry room adds everyday convenience.

Additional highlights include new LED recessed lighting, new ceiling fans, double-pane windows, a two-car attached garage, and low-maintenance outdoor spaces. Located within the award-winning Irvine Unified School District and offering access to Portola Springs' resort-style amenities, this is a rare opportunity to secure exceptional value in one of Irvine's most desirable communities.

Private showings available upon request.

3
beds

2.5
baths

2,410 Sq.Ft. LIVING AREA

2,500 Sq.Ft. lot

Jade Larney

title REALTOR®
PHONE (949)995-5233
EMAIL [email protected]
DRE # 02241676

Features & Amenities

Interior

total bedrooms3
Total bathrooms2.5
full bathrooms2
half bathroom1
Laundry room Laundry Room, Upper Level
Flooring Wood
Fireplace Dining Room, Gas, Masonry
APPLIANCES 6 Burner Stove, Built-In Range, Dishwasher, Disposal, Gas Range, Ice Maker, Microwave, Refrigerator, Range Hood, Self Cleaning Oven, Vented Exhaust Fan, Water To Refrigerator, Dryer, Washer
other interior Features Beamed Ceilings, Built-in Features, Balcony, Ceiling Fan(s), Crown Molding, Separate/Formal Dining Room, Furnished, Granite Counters, High Ceilings, Living Room Deck Attached, Open Floorplan, Pantry, Partially Furnished, Phone System, Quartz Counters, Stone Counters, Recessed Lighting, Storage, All Bedrooms Up, Jack and Jill Bath, Loft

Area & Lot

Status Pocket Listing
Living Area2,410 Sq.Ft.
Lot Area2,500 Sq.Ft.
MLS® IDOC25250779
TypeCondo
YEAR BUILT2006
View DescriptionNeighborhood
High SchoolPortola
School DistrictIrvine Unified

Exterior

STORIES2
Garage Space2.0
water SourcePublic
utilitiesNatural Gas Connected, Phone Available, Sewer Connected, Water Connected
PoolCommunity, Association
lot featuresSprinklers In Front, Near Park
parkingDirect Access, Garage, Garage Door Opener, Guest, No Driveway, Off Street, Garage Faces Rear
HEAT TYPECentral, Forced Air
AIR CONDITIONINGCentral Air
sewerPublic Sewer
Disability FeaturesSafe Emergency Egress from Home, Accessible Doors
HOA AmenitiesSport Court, Maintenance Grounds, Insurance, Management, Maintenance Front Yard, Barbecue, Picnic Area, Playground, Pool, Recreation Room, Spa/Hot Tub, Trail(s), Trash
security FeaturesPrewired, Security System
other exterior FeaturesAwning(s), Rain Gutters

Financial

Sales Price$1,648,500
HOA $296/mo

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38 Upperbend

$1,648,500

Jade Larney

Features & Amenities

Interior

Area & Lot

Exterior

Financial

Mortgage Calculator

Work With Jade

Follow Me on Instagram

Leave a Message

Thank you. I am looking forward to connecting soon!

38 Upperbend

$1,648,500

Jade Larney

Features & Amenities

Interior

Area & Lot

Exterior

Financial

Mortgage Calculator

Work With Jade

Follow Me on Instagram

Contact Details

JADE LARNEY | CA DRE# 02241676

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