Linda Isle in Newport Beach | Market Update | October, 2012
Linda Isle is a Newport Beach guard gated community which is located off Bayside Drive. There is a bridge to get onto the island. Linda Isle is in shaped similarly to a horse shoe, and all the lay out of the homes are designed to be bayfront. 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.
This is an incredible location to view the Newport Beach Christmas Boat parade which is an annual event on certain areas of Linda Isle.
Currently there are 3 active listings on Linda Isle in Newport Beach, no back up, one pending sale, and there was one sales in October, 2012. The average sale price for the past one year is $3,753,750 with an average price per square foot of $796.31. Average price and price per square foot increased this past month.
3 Active Listings compared to 4 active listings in September, 2012 – down -1
0 Back up listings compared to 0 back up in September, 2012 – the same
1 Pending sale compared to 1 pending in September, 2012 – the same
1 Sales compared to 7 sales in September, 2012 – down -6
The absorption rate in Linda Isle continues to decline each month along with the inventory.
Search the MLS for homes for sale on Linda Isle in Newport Beach, and Newport Beach real estate.