Lido Island Homes for Sale in Newport Beach | Market Report February 2012
Lido Island in Newport Beach is a beautiful community of homes in Newport Beach which is actually an island. There is a bridge going to Lido Island or Lido Isle as it is also referred to as. Lido Island has bay front homes and many of these homes have slips available for their yachts.
The bayfront homes located on Lido Isle in Newport Beach have incredible views of Newport Harbor. Many of these homes do have slips however there are some that do not.
There are 28 active listings on Lido Island in Newport Beach 3 in back up status (one property in back up is a short sale) and no pending sales. There were 3 sales the month of February 2012. The only distressed property on Lido Island in Newport Beach is the one in back up status.
The average sales price for the month of February 2012 was $1378000 and price per square foot is $65309. There were no sales in Janaury 2012. The average sales price of a home in December 2011 was $1195000 with a price per square foot of $969.31.
The average sales price for the past one year on Lido Island in Newport Beach is $2317870 with a price per square foot of $879.65.
Listings are up from January 2012 +7
Back Up is down from January 2012 -1
Sold properties are up from January 2012 +3
Inventory has increased in the past 30 days and the trend on Lido Island in Newport Beach. . There is an approximate absorption rate of 9.3 months (which is a one month period and generally not a trend).
Search the MLS for Lido Island homes for sale and real estate for sale on Lido Island in Newport Beach.