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 $2116145 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 $2316277 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 |
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One Month |
Three
Months |
Six
Months |
Twelve Months |
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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
Search the MLS for Lido Island homes for sale and real estate for sale on Lido Island in Newport Beach.