The coastal real estate market continues to show strength as we move further into 2025. Newport Beach, Corona del Mar, and Costa Mesa all experienced notable increases in closed sales compared to the same month last year, with home prices reflecting steady demand in these sought-after communities. Buyers remain active despite market fluctuations, reinforcing the desirability of these premier Orange County neighborhoods. Below, we break down the latest market trends for each area.
Newport Beach
Closed Homes: 76 (Up 38.2%)
Median Home Price: $3,532,144 (Up 10.4%)
Newport Beach’s real estate market showed strong growth in February 2025, with a 38.2% increase in closed sales compared to the same month last year, signaling continued buyer demand. The median home price rose by 10.4%, further reinforcing Newport Beach’s status as a sought-after luxury market.
Corona del Mar
Closed Homes: 109 (Up 14.7% YoY)
Median Home Price: $4,799,000 (Up 29% YOY)
In February 2025, Corona del Mar’s real estate market experienced a 14.7% increase in closed sales compared to the same month last year, indicating a strong buyer interest in this coastal community. The median home price stood at $4,799,000, underscoring the area’s status as a luxury market.
Costa Mesa
Closed Homes: 141 (Up 29.4% YoY)
Median Home Price: $1,399,000 (Up 4% YOY)
Costa Mesa’s real estate market in February 2025 saw a 29.4% increase in closed sales compared to the same period last year, reflecting a robust demand for properties in this vibrant community. The median home price was $1,399,000, highlighting the area’s growing appeal among homebuyers.