Linda Isle in Newport Beach | Market Update | February, 2013

Linda Isle in Newport Beach | Market Update | February, 2013

Linda Isle is a Newport Beach guard gated community which is located off Bayside Drive in Newport Beach. Linda Isle is in shaped like a horse shoe, and all the lay out of the homes are designed to be bay front. There are community activities in Linda Isle in Newport Beach including tennis for the resident's use. Linda Isle in Newport Beach is a highly sought after area with incredible Newport Harbor views.

Currently there are 5 active listings on Linda Isle in Newport Beach, zero back up, zero pending sale, and there was no sales in February, 2013. The average sale price for the past one year is $3,603,750 with an average price per square foot of $875.32.

Median price was $3,952,500 and a price per square foot of $954.20.

5 Active Listings compared to 5 active listings in January, 2013
0 Back up listings compared to 0 back up in January, 2013
0 Pending sale compared to 1 pending in January, 2013
0 Sales compared to 1 sales in January, 2013

Past months market reports:

February, 2013
January, 2013
December, 2012
November, 2012
October, 2012
September, 2012
August, 2012
July, 2012
June, 2012
May, 2012
April, 2012
March, 2012
February, 2012

The absorption rate in Linda Isle continues to decline each month along with the inventory. The absorption rate on Linda Isle is favoring a seller's market.

Search the MLS for homes for sale on Linda Isle in Newport Beach, and Newport Beach real estate.

Originally posted at NewportBeachRealEstateCafe.com