Linda Isle in Newport Beach | Market Update | June, 2012
Linda Isle is a guard gated community which is located in Newport Beach off Bayside. There is a bridge to get onto the island. Linda Isle is in shaped similarly to a horse shoe, and all the lay out of the homes are designed to be bayfront. There are community activities in Linda Isle in Newport Beach including tennis for the resident’s use. Linda Isle in Newport Beach is a highly coveted after area with incredible Newport Harbor views.
Currently, there are 7 active listings on Linda Isle in Newport Beach, two are in back up status, and there were two sales in June, 2012. Listings are down by 5 since May, 2012.
Listings are down -5 since May, 2012 as there are currently 7 active listings on Linda Island in Newport Beach, 2 in back up status and there was 2 sales in June, 2012. The inventory is declining on Linda Isle for the past few months.
In the past one year there have been 6 sales on Linda Isle in Newport Beach with an average price of $3,664,166 and an average price per square foot of $769.56.
The absorption rate in Linda Isle continues to go down each month.
Absorption Rate, June 2012 | ||||
Linda Isle 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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1 Month |
3Months | 6Months |
12 Months |
|
Listings | 7 | 7 | 7 | 7 |
Sold | 2 | 3 | 3 | 6 |
AverageSold/Mo | 2 | 1 | 1 | 1 |
Month’s Inventory | 3.0 | 5.0 | 7.0 | 7.0 |
Search the MLS for homes for sale on Linda Isle in Newport Beach, and Newport Beach real estate.