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Lido Island Newport Beach Market Update January, 2012

Lido Island Newport Beach Market Update January, 2012

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

Lido Island in Newport Beach is a beautiful community of homes in Newport Beach which is actually an island. There is 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.

There are 21 active listings on Lido Island in Newport Beach 4 in back up status (one property in back up is a short sale) and one in pending. There were no sales in the month of January 2012. The only distressed property on Lido Island in Newport Beach is the one in back up status.

Listings are the same from December 2011
Back Up is up +1 from December 2011
Pending is up +1 from December 2011
Sold properties are down -1 from December 2011

There is an approximate absorption rate of 9.7 months which indicates a buyers market. The listings have remained the same in the past month which may be a result of the end of the holiday season also.  The first month does not indicate a trend especially because there were no sales in January 2012.

Search the MLS for Lido Island homes for sale and real estate for sale on Lido Island in Newport Beach.

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ABOUT ME

Sharon Paxson is a full-time REALTOR® with EQTY | Forbes Global Properties and has been specializing in residential real estate throughout the Newport Beach area since 2005 assisting Buyer’s, Seller’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 a 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: 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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