One part of Newport Beach is moving fast even with rates near 7.5%
I was looking at the numbers for Newport Beach this week and one thing stopped me. CNBC reported the average 30-year fixed rate climbed to 7.49% as of October 7, 2026. That is a real payment increase for anyone buying right now. But the Real Estate Data Aggregator counted something different happening in ZIP 92661 during the three months ending August 31, 2026. Pending sales there rose 40% from the same period a year before. One in three homes went under contract within two weeks of listing. That gap between the national headline and what is actually happening here is worth understanding.
ZIP 92661: the part moving fastest
The Real Estate Data Aggregator counted 21 pending sales in ZIP 92661 for the three months ending August 31, 2026. That is up 40% from a year before. The share of homes going under contract within two weeks rose 20 points year over year, to 33.3%. Homes are also selling faster. The median days on market fell 33 days shorter than the same period last year, landing at 47 days.
The Real Estate Data Aggregator put the median sale price in ZIP 92661 at $6,875,000 for those same three months. That is up 59% from the same period in 2025. Not every home sold fast, and only 7.1% sold above list price. But sellers who priced well did not wait long.
Supply shrank at the same time. The Real Estate Data Aggregator counted 30 homes for sale in ZIP 92661, down 25% from a year before. Months of supply fell to 6.6, which is 2.8 months less than the same period last year. Fewer choices for buyers can push decisions faster.
How the other ZIP codes compare
Not every part of Newport Beach is moving the same way. The Real Estate Data Aggregator shows real differences across the six ZIP codes for the three months ending August 31, 2026.
| 92661 | 92660 | 92625 | 92663 | |
|---|---|---|---|---|
| Median sale price | $6,875,000 | $3,650,000 | $4,250,000 | $2,685,000 |
| Median days on market | 47 | 49 | 65 | 68 |
| Under contract within 2 weeks | 33.3% | 25.2% | 26.3% | 20% |
| Months of supply | 6.6 | 4.6 | 3.2 | 4.3 |
ZIP 92663 and 92660: a mixed picture
ZIP 92663 tells a different story. The Real Estate Data Aggregator counted 66 homes sold there, down 23.3% from a year before. The median sale price fell 18.7% to $2,685,000. Pending sales dropped 23.1%. The share of homes going under contract within two weeks slipped 8.6 points to 20%. More supply, slower pace.
ZIP 92660 held steadier. The Real Estate Data Aggregator counted 87 homes sold, with a median sale price of $3,650,000, up 30.9%. Pending sales rose 9.6%. The share going under contract within two weeks was 25.2%, though that is down 2.5 points from last year. Days on market stayed flat at 49 days.
ZIP 92625 and 92657: more activity, longer waits
ZIP 92625 saw sales volume jump. The Real Estate Data Aggregator counted 69 homes sold, up 30.2%. Pending sales rose 38.2% to 76. But homes took longer: the median days on market grew 11 days longer to 65 days. The median sale price was $4,250,000, up 9.1%.
ZIP 92657 had the highest median sale price the Real Estate Data Aggregator recorded across Newport Beach: $8,800,000, up 100.3% from a year before. That kind of jump often reflects a small number of very large sales shifting the middle. Only 27 homes sold. The median days on market was 64 days, 5 days longer than last year. The sale-to-list ratio slipped to 94.4%.
- 192661 – Newport Beach, CA33.3%
- 292625 – Corona Del Mar, CA26.3%
- 392660 – Newport Beach, CA25.2%
- 492657 – Newport Coast, CA22.2%
- 592663 – Newport Beach, CA20%
- 692662 – Newport Beach, CA13.3%
What rates are doing nationally
CNBC reported the average 30-year fixed rate with conforming loan balances rose to 7.49% in the week of October 7, 2026. That same week, CNBC reported purchase applications fell 2%. Refinance applications were 56% lower than the same week a year ago. Higher payments are real, and they are slowing some buyers nationally.
Realtor.com noted rates topped 7% for the first time since January 2025 in September 2026. The Federal Housing Finance Agency reported U.S. house prices rose 2.6% from July 2025 to July 2026, with a 0.3% gain from June to July on a seasonally adjusted basis. Prices are still rising nationally, but slowly.
Newport Beach overall
Across all six ZIP codes together, the Real Estate Data Aggregator counted 277 homes sold, 385 homes for sale, 344 new listings and 312 pending sales for the three months ending August 31, 2026. That is a market with real activity, but the pace varies a lot by neighborhood.
- Rates near 7.5% are real, and they do slow some buyers.
- But the Real Estate Data Aggregator shows ZIP 92661 moving faster than a year ago, with pending sales up 40% and a third of homes under contract within two weeks.
- Other parts of Newport Beach are quieter.
- One street can read very differently from the ZIP code around it.
- These are the three months ending August 31, 2026, and things can shift.
Your next step
(949) 942-8711Text me your address and I will send back how quickly homes like yours are moving in your part of Newport Beach, against what actually sold in the three months ending August 31, 2026. Takes a day, costs nothing.
Text me- Real Estate Data Aggregator numbers for ZIPs 92661, 92663, 92660, 92662, 92625 and 92657, the three months ending August 31, 2026, compared with the same months of 2025. Real Estate Data Aggregator last updated them on Oct 7, 2026.
- Federal Housing Finance Agency: FHFA House Price Index® Up 0.3 Percent in July; Up 2.6 Percent from Last Year | FHFA, Sep 29, 2026
- Realtor.com: September 2026 Monthly Housing Trends: Price Cuts Hit 4-Year Highs as Mortgage Rates Top 7%, Sep 30, 2026
- Realtor.com: August 2026 Rental Report: Rents Fall for 37th Straight Month as Concessions Give Renters More Leverage, Sep 17, 2026
- CNBC: Refinance demand is now half what it was a year ago, as mortgage rates rise again, Oct 7, 2026
- CNBC: Mortgage rates jump for the sixth straight week, hitting both refinance and homebuyer demand hard, Sep 30, 2026