Newport Shores in Newport Beach | Market Update | July, 2013
Newport Shores in Newport Beach is a beach community which is located on the west side of Newport Beach. There are approximately 440 homes which are located on the west side of Newport Beach. Living in Newport Shores provides a highly sought after beach lifestyle. The Army Corps of Engineers has completed the dredging the Newport Shores Canal. It is so nice to see the residents enjoying the beautiful canal with a much clearer and deeper water.
The Newport Shores community has a community pool, basketball court, tennis court, sand volleyball court and clubhouse, for the residents of Newport Shores in Newport Beach.
Currently, there are 3 active listings, and 4 in back up, 0 pending and 1 sales in July, 2013.
Average price of sold homes over past one year was $1,016,162 with a price per square foot of $640.89.
Median price for the past one year is $1,000,000 and a price per square foot of $638.02.
The absorption rate is as follows, and is favoring a strong sellers market with the low number of active listings.
For complimentary and no-obligation market analysis, please contact me.
Search the MLS for all Newport Shores homes for sale.