Linda Isle in Newport Beach | Market Update | December 2012
Linda Isle is a Newport Beach guard gated community which is located off Bayside Drive in Newport Beach. Linda Isle is in shaped like a horseshoe, and all the layout 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.
Currently, there are 3 active listings on Linda Isle in Newport Beach, zero back up, one pending sale, and there was one sale in December 2012. The average sale price for the past one year is $3,603,750 with an average price per square foot of $765.91. This is up from the prior month.
3 Active Listings compared to 3 active listings in November 2012 – the same
0 Back up listings compared to 0 back up in November 2012 – the same
1 Pending sale compared to 1 pending in November 2012 – the same
1 Sales compared to 0 sales in November 2012 – up +1
Past months market reports:
November 2012
October 2012
The absorption rate in Linda Isle continues to decline each month along with the inventory. The absorption rate on Linda Isle is favoring a seller’s market.
Search the MLS for homes for sale on Linda Isle in Newport Beach, and Newport Beach real estate.