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

Lido Island in Newport Beach is a 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.

Currently, there are  25 active listings on Lido Island in Newport Beach, 7 in back up status (two property in back up are short sales), and 1 pending sales. There were no sales the month of March, 2012. 

Lido Island market update

The average sales price for the past one year on Lido Island in Newport Beach is $2,317,870 with a price per square foot of $719.74. 

Listings are down from February, 2012  -3
Back Up is up from February, 2012 +4
Pending properties are up from February, 2012 +1
Sold property is down from February, 2012 -1

Inventory has decreased from the prior month, and the trend on Lido Island in Newport Beach. Regarding the absorption rate on Lido Island, one month is generally not a trend and there were NO sales in March, 2012. However, there are currently 7 in back up status.

Past months market reports

February, 2012
January, 2012
December, 2011
November, 2011
October, 2011

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

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