Lido Island Homes for Sale in Newport Beach | Market Report May 2012
Lido Island in Newport Beach is a beautiful community of homes in Newport Beach which is actually an island. Access to Lido Island is via 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.
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 29 active listings on Lido Island in Newport Beach, 1 in back up status, and 1 pending sales, and 2 sales for the month of May, 2012.
The average sales price for the past one year is $2,116,145 with a price per square foot of $728.91. The average sales price for the past one year (April, 2011 to April, 2012) on Lido Island in Newport Beach is $2,316,277 with a price per square foot of $791.60.
Inventory has remained consistent 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 two sales in April, 2012.
|Absorption Rate, May, 2012|
|Lido Island Market Update|
Information Deemed Reliable but not Guaranteed
Courtesy of www.NewportBeachRealEstateCafe.com
Info taken from CRMLS
Do Not Use Without Permission
Past months market reports
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