Newport Shores Newport Beach Market Update July, 2012

Newport Shores Newport Beach Market Update July, 2012

Newport Shores in Newport Beach | Homes for Sale in Newport Shores | Market Update | July 2012

Newport Shores in Newport Beach is a beach community which is located on the west side of Newport Beach. There are approximately 440 homes located on the west side of Newport Beach.   There are both single-family homes  condos and duplexes in Newport Shores.  Newport Shores is surrounded by a Canal and there are canal front homes in Newport Shores on Canal Street Canal Circle and 62nd Street in Newport Beach.

Newport Shores in Newport Beach

The community of Newport Shores has a community pool, club house, tennis court, sand volley ball court and basketball court for the residents of Newport Shores in Newport Beach.

Currently, there are 5 active listings 2 in back up (one short sale) and there were 2 sales the month of July 2012.

Average price of homes sold in July 2012 was $1110000 and an average price per square foot of $488.28. One of the sales was on 62nd treet and sold for $1400000.

Average price of sold homes over the past one year was $786323 with a price per square foot of $531.37.

Listings are up +1 since June 2012
Back Up are the same since June 2012
Pending Sales are the same since June 2012
Solds are the same since June 2012

Previous months Newport Shores market reports:

June 2012 Market Report
May 2012 Market Report

Market absorption is still considered a seller’s market in Newport Shores in Newport Beach.


Absorption Rate July 2012
Newport Shores Market Update

Information Deemed Reliable but not Guaranteed

Courtesy of www.NewportBeachRealEstateCafe.com

Info is taken from CRMLS

Do Not Use Without Permission









Listings  5 5 5 5
Sold  2 5 9  17
AverageSold/Mo 2 2  3  6
Month’sInventory 1.0 1.3 1.7 .9

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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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