Lido Island in Newport Beach | Market Update | June, 2012

by Sharon Paxson on July 12, 2012 · 0 comments

Lido Island Homes for Sale in Newport Beach | Market Report June, 2012

Lido Island in Newport Beach is a highly sought after community of homes in Newport Beach which is actually an island. Access to Lido Island is via 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.

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 there are some that do not.

Currently, there are  29 active listings on Lido Island in Newport Beach, 2 in back up statusand 1 pending sales, and 7 sales for the month of June, 2012. Of the sales in June, one was a short sale.

Average sales price for last month was $3,034,285 with an average price per square foot of $912.81. The average sales price for the past one year is $2,391,631 with a price per square foot of $812.65.  The trend for sales price is increasing.

Listings are the the same since May, 2012 
Back Up is up +1 since May, 2012
Pending property is the same since May, 2012
Sold property up +5 since May, 2012

Inventory has remained consistent from the prior month, and the trend on Lido Island in Newport Beach. Regarding the absorption rate on Lido Island, one month is generally not a trend and there were 7 sales in June, 2012, and now the three month trend is 7.3 months which is a stable market.

 

Absorption Rate, June, 2012
Lido Island Market Update

Information Deemed Reliable but not Guaranteed

Courtesy of www.NewportBeachRealEstateCafe.com

Info taken from CRMLS

Do Not Use Without Permission

 

 One

Month

ThreeMonths  SixMonths 

Twelve

Months 

Listings 29 29 29 29
Sold 7 12 15 29
AverageSold/Mo 7 4 3 2
Month’s Inventory 4.1 7.3 11.6 12.0

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

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.

Showing properties 1 - 19 of 19. See more Lido Island Real Estate.
(all data current as of 5/19/2013)

  1. 4 beds, 4 full baths
    Home size: 3,608 sq ft
    Lot size: 5,227 sqft
    Year built: 1958
    Parking spots: 4
    Days on market: 10
  2. 5 beds, 5 full baths
    Home size: 3,799 sq ft
    Lot size: 3,920 sqft
    Year built: 1950
    Parking spots: 4
    Days on market: 11
  3. 3 beds, 2 full, 1 part baths
    Home size: 2,000 sq ft
    Lot size: 2,614 sqft
    Year built: 1958
    Parking spots: 4
    Days on market: 13
  4. 5 beds, 4 full baths
    Home size: 3,010 sq ft
    Lot size: 2,775 sqft
    Year built: 1953
    Parking spots: 4
    Days on market: 19
  5. 2 beds, 1 full bath
    Home size: 950 sq ft
    Lot size: 3,080 sqft
    Year built: 1956
    Parking spots: 2
    Days on market: 19
  6. 2 beds, 2 full baths
    Home size: 1,380 sq ft
    Lot size: 4,383 sqft
    Year built: 2007
    Parking spots: 2
    Days on market: 27
  7. 4 beds, 3 full, 1 part baths
    Home size: 2,802 sq ft
    Lot size: 3,049 sqft
    Year built: 1979
    Parking spots: 6
    Days on market: 28
  8. 5 beds, 4 full, 1 part baths
    Home size: 3,623 sq ft
    Lot size: 4,048 sqft
    Year built: 1994
    Parking spots: 6
    Days on market: 45
  9. 6 beds, 5 full, 1 part baths
    Home size: 5,300 sq ft
    Lot size: 7,405 sqft
    Year built: 1996
    Parking spots: 6
    Days on market: 47
  10. 2 beds, 3 full, 1 part baths
    Home size: 3,300 sq ft
    Lot size: 2,566 sqft
    Year built: 1997
    Parking spots: 4
    Days on market: 47
  11. 3 beds, 3 full baths
    Home size: 1,772 sq ft
    Lot size: 3,049 sqft
    Year built: 1952
    Parking spots: 4
    Days on market: 51
  12. 5 beds, 4 full, 1 part baths
    Home size: 4,200 sq ft
    Lot size: 4,792 sqft
    Year built: 1997
    Parking spots: 4
    Days on market: 55
  13. 5 beds, 4 full, 1 part baths
    Home size: 3,800 sq ft
    Lot size: 4,400 sqft
    Year built: 1960
    Parking spots: 6
    Days on market: 55
  14. 5 beds, 4 full, 1 part baths
    Home size: 4,166 sq ft
    Lot size: 4,050 sqft
    Year built: 1989
    Parking spots: 6
    Days on market: 55
  15. 3 beds, 3 full, 1 part baths
    Home size: 2,600 sq ft
    Lot size: 2,816 sqft
    Year built: 2008
    Parking spots: 4
    Days on market: 61
  16. 5 beds, 4 full, 1 part baths
    Home size: 4,300 sq ft
    Lot size: 6,038 sqft
    Year built: 1987
    Parking spots: 6
    Days on market: 89
  17. 4 beds, 3 full, 1 part baths
    Home size: 2,835 sq ft
    Lot size: 7,533 sqft
    Year built: 1954
    Parking spots: 5
    Days on market: 312
  18. 3 beds, 3 full, 1 part baths
    Lot size: 2,640 sqft
    Year built: 2008
    Parking spots: 4
    Days on market: 488
  19. 3 beds, 4 full baths
    Year built: 2001
    Parking spots: 6
    Days on market: 838

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Sharon Paxson

I write about my passion of living the SoCal lifestyle in beautiful Newport Beach. I like to write about the local events, beaches, restaurants, and real estate updates in the area. Call or text me - 949.280.0681

More Posts - Website - Twitter - Facebook - LinkedIn - Pinterest - Google Plus

Leave a Comment

Please type the characters of this captcha image in the input box

Please type the characters of this captcha image in the input box

CommentLuv badge

Previous post:

Next post: