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Newport Shores in Newport Beach | Market Update | May, 2012

Newport Shores in Newport Beach | Market Update | May, 2012

Newport Shores in Newport Beach | Homes for Sale in Newport Shores | Market Update | May 2012

Newport Shores in Newport Beach is a great beach community which is located in Newport Beach. Newport Shores. There are approximately 440 homes located on the west side of Newport Beach.  In Newport Shores, there are both single family homes and there are condos as well, and duplexes. Newport Shores is surrounded by a Canal and there are canal front homes in Newport Shores on Canal Street, Canal Circle and 62nd Street in Newport Beach.

Newport Shores in Newport Beach

The community of Newport Shores has a community pool, clubhouse, tennis court, sand volleyball court and basketball court for the residents of Newport Shores in Newport Beach.

Currently, there are 5 active listings, 2 in back up, 2 in pending, and there were no sales the month of May 2012.

Listings are the same since April 2012
Back-Up are the same since April 2012
Pending Sales are Up +2 since April 2012
Solds are down -2 since April 2012

Active Property

Square Feet List Price LP/Square Foot
1936 1,056,000 677.55

Back Up Property

Square Feet List Price LP/Square Foot
1695 819,000 483,72

Pending Property

Square Feet List Price LP/Square Foot
1638 947,000 591.22

There were no sales during the month of May, 2012.

Previous months Newport Shores market reports:

April, 2012 Market Report
March, 2012 Market Report

Market absorption is still considered a seller’s market in Newport Shores in Newport Beach.

 

Absorption Rate, May, 2012
Newport Shores Market Update

Information Deemed Reliable but not Guaranteed

Courtesy of www.NewportBeachRealEstateCafe.com

Info taken from CRMLS

Do Not Use Without Permission

 

 1

Month

3

Months 

6

Months 

12

Months 

Listings  5  5  5  5
Sold  0 4  6  14
AverageSold/Mo 0 1  1  1
Month’s

Inventory

4.0 3.8 5.0 4.3

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ABOUT ME

Sharon Paxson is a full-time REALTORĀ® with EQTY | Forbes Global Properties and has been specializing in residential real estate throughout the Newport Beach area since 2005 assisting Buyerā€™s, Sellerā€™s, Landlords, and Tenants with their real estate needs.

If you are thinking about buying, selling or renting your home, condo or other Real Estate in the following areas including Newport Beach, Newport Coast, Corona del Mar, Huntington Beach there are thousands of Realtors to choose from. However, it doesn't cost you any more to work with aĀ top Newport Beach CA Realtor. We welcome the opportunity to show you how we get outstanding real estate results with specific and targeted marketing. If you are looking for a top real estate agent who will make a difference you have come to the right place. Use this real estate website to learn about communities and homes for sale.

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DISCLAIMER

DISCLAIMER: All information, photographs & content contained on this site is the property of Sharon Paxson. You must obtain written permission from Sharon Paxson if you would like to use any of this content contained herein. Opinions expressed are those of Sharon Paxson and may not necessarily be opinions of past and present brokers. Articles may be time and date sensitive. All statistical information utilized to create market reports has been obtained from the CRMLS. Information Deemed Reliable but not Guaranteed.

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