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Lido Isle in Newport Beach | Market Update | March, 2013

By
Real Estate Agent with Sharon Paxson, Realtor® EQTY Forbes Global Properties 01501912

Homes for Sale on Lido Isle in Newport Beach | Market Report Lido Isle Newport Beach | March, 2013

Lido Island in Newport Beach is a highly coveted area in Newport Beach which is an island. Access to Lido Island is via a bridge going to Lido Island. Lido Island has bay front homes and many of these homes have slips available for their yachts.

Lido Island home for sale

The bayfront homes located on Lido Isle in Newport Beach have incredible views of Newport Harbor. Many of these homes do have slips, however some are bayfront without slips.

Currently, there are  15 active listings on Lido Island in Newport Beach, 4 in back up statusand 0 pending sales, and 3 sales for the month of February, 2013.

The average sales price for the past one year is $2,463,642 with a price per square foot of $885.03.

Median price for Lido Island over past one year is $1,872,500 and a price per square foot of $750.27.

Both the average and median price are slightly increased over the market report for February, 2013.
15 Listings compared to 12 listings in February, 2013  
4 Back Up compared to 3 listings in February, 2013
0 Pending compared to 3 in February, 2013 
3 Sold compared to 2 in February, 2013 

Inventory has remained consistent from the prior month, and the trend on Lido Island in Newport Beach. View the absorption rate on Lido Island below which is favoring a seller's market.

 

View prior month's market reports on Lido Island in Newport Beach. 

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
January, 2012
December, 2011
November, 2011
October, 2011

Search the MLS for Lido Island homes for sale, and real estate for sale on Lido Island in Newport Beach.

Originally posted at NewportBeachRealEstateCafe.com

Posted by

Sharon Paxson REALTOR®
EQTY Forbes Global Properties
949.280.0681

DRE 01501912

 

 

 

 

 

 

 

 

 

 

Comments (1)

Gary Frimann, CRS, GRI, SRES
Eagle Ridge Realty / Signature Homes & Estates - Gilroy, CA
REALTOR and Broker

Great market report!  My favorite thing to read about on AR.  I really like the way you laid it out.  Newport and Lido Island is sure a great place to live.

May 02, 2013 03:52 PM