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.

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  29 active listings on Lido Island in Newport Beach, 1 in back up statusand 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.

Listings are the up +4 from April, 2012 
Back Up is down -3 from April, 2012
Pending property is down 2 from April, 2012
Sold property is the same from April, 2012

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

 

 One

Month

ThreeMonths  SixMonths 

Twelve

Months 

Listings 29 29 29 29
Sold 2 7 12 24
AverageSold/Mo 2 2 2 2
Month’s Inventory 14.5 12.4 14.5 14.5

Past months market reports

April, 2012
March, 2012
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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