Commercial Real Estate Market in Newport Beach, CA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: September 30
210 active listings and 2,115 off-market properties in Newport Beach, CA. Commercial property asks $328/SF to buy and $21.16/SF/Yr to lease.
Market Trends
Newport Beach, CA spans 22.1 square miles in Orange County, California. Figures below refresh monthly; last updated 30 September 2026.
Office
Office space in Newport Beach, CA asks $321/SF to buy. Vacancy runs 20.8% across the West region in 2025, up from 11% in 2019.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Retail
Retail space in Newport Beach, CA asks $1,114/SF to buy. Vacancy runs 5.8% across the West region in 2025, down from 7% in 2020.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Industrial
Industrial vacancy in Newport Beach, CA runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Vacancy Rate % in West region
Multifamily
Multifamily space in Newport Beach, CA asks $212/SF to buy. Vacancy runs 8.6% across the West region in 2025, up from 7% in 2022.
Average Sale Price $/SF
Listings
Vacancy Rate % in West region
Market overview
Demographics & Economy
Newport Beach, CA has 73,312 residents in 38,441 households. Density runs 3,324 people per square mile. Median household income here is $159,302 and median gross rent $3,146 a month.
73,312
Population
38,441
Households
1.9
Avg Household Size
46
Median Age
69%
College-Educated
98%
High-School Grad
22.1 sq mi
ZIP Area
3,324
Density / Sq Mi
$159,302
Median Household Income
$90,249
Median Earnings
$3,146
Median Rent
$2,000,001
Median Home Value
Tools
Nearby Markets
| Market | Average Sale Price, $/SF | Average Lease Price, $/SF/Yr |
|---|---|---|
| Laguna Beach | $328 (county avg) | $57.72 |
| Costa Mesa | $328 (county avg) | $33.17 |
| Irvine | $328 (county avg) | $37.37 |
Commercial property in Newport Beach, CA asks $328/SF. The 3 bordering markets run from $328/SF in Laguna Beach to $328/SF in Laguna Beach, and the city sits in line with their $328/SF median.
Frequently Asked Questions
What is the average price per square foot for commercial property in Newport Beach?
Commercial property in Newport Beach, CA asks an average of $328 per square foot. The 3 most recent recorded sales traded at a median of $764/SF. Retail carries the highest asking price at $1,114/SF.
How much does it cost to lease commercial space in Newport Beach?
Asking lease rates in Newport Beach, CA average $21.16 per square foot per year.
How does Newport Beach compare to nearby markets on price?
Newport Beach, CA asks $328/SF against $328/SF in Laguna Beach, $328/SF in Costa Mesa and $328/SF in Irvine.
Where does Realmo's Newport Beach market data come from?
Realmo compiles Newport Beach, CA figures from 4 recent recorded sales, 123 active sale listings, 87 active lease listings, 2,115 tracked off-market properties. Sale and lease figures refresh monthly; vacancy annually. Last updated 30 September 2026.
Methodology & data sources
- Asking prices and averages
- Computed from 123 active for-sale and 87 active for-lease listings in Newport Beach, CA. These are ASKING figures from live listings, not closed-transaction prices, and a segment carried by a handful of listings reads as indicative rather than an average.
- Price per square foot
- The county-level $/SF blends closed sales aggregated over the trailing months of available data, not a single day's snapshot — it can differ from any one month's own median.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Refresh
- The monthly aggregates close at the end of the previous month, so 30 September 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 30 September 2026 · How Realmo checks market page data · Report a data issue
