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Lido Island Newport Beach Market Report | February, 2012

Lido Island Newport Beach Market Report | February, 2012

Lido Island Homes for Sale in Newport Beach | Market Report February 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  28 active listings on Lido Island in Newport Beach 3 in back up status (one property in back up is a short sale) and no pending sales. There were 3 sales the month of February 2012. The only distressed property on Lido Island in Newport Beach is the one in back up status.

The average sales price for the month of February 2012 was $1378000 and price per square foot is $65309.  There were no sales in Janaury 2012. The average sales price of a home in December 2011 was $1195000 with a price per square foot of $969.31.

The average sales price for the past one year on Lido Island in Newport Beach is $2317870 with a price per square foot of $879.65.

Listings are up from January 2012 +7
Back Up is down from January 2012 -1
Sold properties are up from January 2012 +3

Inventory has increased in the past 30 days and the trend on Lido Island in Newport Beach. . There is an approximate absorption rate of  9.3 months (which is a one month period and generally not a trend).

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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