Lido Island in Newport Beach | Market Update | June, 2012

Lido Island Homes for Sale in Newport Beach | Market Report June, 2012

Lido Island in Newport Beach is a highly sought after 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, 2 in back up statusand 1 pending sale, and 7 sales for the month of June 2012. Of the sales in June, one was a short sale.

The average sales price for last month was $3,034,285 with an average price per square foot of $912.81. The average sales price for the past one year is $2,391,631 with a price per square foot of $812.65.  The trend for sales price is increasing.

Listings are the the same since May 2012 
Back Up is up +1 since May, 2012
Pending property is the same since May, 2012
Sold property up +5 since May, 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 7 sales in June 2012, and now the three-month trend is 7.3 months which is a stable market.


Absorption Rate, June, 2012
Lido Island Market Update

Information Deemed Reliable but not Guaranteed

Courtesy of

Info taken from CRMLS

Do Not Use Without Permission




Three Months  Six Months 



Listings 29 29 29 29
Sold 7 12 15 29
Average Sold/Mo 7 4 3 2
Month’s Inventory 4.1 7.3 11.6 12.0

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Lido Island in Newport Beach | Market Update | June, 2012

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Sharon Paxson is a full-time REALTOR® with EQTY | Forbes Global Properties and has been specializing in residential real estate throughout the Newport Beach area since 2005 assisting Buyer’s, Seller’s, Landlords, and Tenants with their real estate needs.

If you are thinking about buying, selling or renting your home, condo or other Real Estate in the following areas including Newport Beach, Newport Coast, Corona del Mar, Huntington Beach there are thousands of Realtors to choose from. However, it doesn't cost you any more to work with a top Newport Beach CA Realtor. We welcome the opportunity to show you how we get outstanding real estate results with specific and targeted marketing. If you are looking for a top real estate agent who will make a difference you have come to the right place. Use this real estate website to learn about communities and homes for sale.


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DISCLAIMER: All information, photographs & content contained on this site is the property of Sharon Paxson. You must obtain written permission from Sharon Paxson if you would like to use any of this content contained herein. Opinions expressed are those of Sharon Paxson and may not necessarily be opinions of past and present brokers. Articles may be time and date sensitive. All statistical information utilized to create market reports has been obtained from the CRMLS. Information Deemed Reliable but not Guaranteed.

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