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.

Newport Shores in Newport Beach

The community of Newport Shores has a community pool, clubhouse, tennis court, sand volley ball 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.

Newport Shores market update


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
February, 2012 Market Report
January, 2012 Market Report
December, 2011 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

Information Deemed Reliable but not Guaranteed

Courtesy of www.NewportBeachRealEstateCafe.com

Info taken from CRMLS

Do Not Use Without Permission

 

 1

Month

3

Months 

6

Months 

12

Months 

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.

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