Newport Shores in Newport Beach | Homes for Sale in Newport Shores | Market Update | May 2012
Newport Shores in Newport Beach is a great beach community which is located in Newport Beach. Newport Shores. There are approximately 440 homes located on the west side of Newport Beach. In Newport Shores, there are both single family homes and there are condos as well, and duplexes. Newport Shores is surrounded by a Canal and there are canal front homes in Newport Shores on Canal Street, Canal Circle and 62nd Street in Newport Beach.
The community of Newport Shores has a community pool, clubhouse, tennis court, sand volleyball court and basketball court for the residents of Newport Shores in Newport Beach.
Currently, there are 5 active listings, 2 in back up, 2 in pending, and there were no sales the month of May 2012.
Listings are the same since April 2012
Back-Up are the same since April 2012
Pending Sales are Up +2 since April 2012
Solds are down -2 since April 2012
Active Property
| Square Feet | List Price | LP/Square Foot |
| 1936 | 1,056,000 | 677.55 |
Back Up Property
| Square Feet | List Price | LP/Square Foot |
| 1695 | 819,000 | 483,72 |
Pending Property
| Square Feet | List Price | LP/Square Foot |
| 1638 | 947,000 | 591.22 |
There were no sales during the month of May, 2012.
Previous months Newport Shores market reports:
April, 2012 Market Report
March, 2012 Market Report
Market absorption is still considered a seller’s market in Newport Shores in Newport Beach.
| Absorption Rate, May, 2012 | ||||
| Newport Shores Market Update | ||||
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Information Deemed Reliable but not Guaranteed Courtesy of www.NewportBeachRealEstateCafe.com Info taken from CRMLS Do Not Use Without Permission |
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1 Month |
3
Months |
6
Months |
12 Months |
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| Listings | 5 | 5 | 5 | 5 |
| Sold | 0 | 4 | 6 | 14 |
| AverageSold/Mo | 0 | 1 | 1 | 1 |
| Month’s
Inventory |
4.0 | 3.8 | 5.0 | 4.3 |
Search the MLS for Newport Shores homes for sale in Newport Beach.
