Newport Shores in 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

 

 1

Month

  Months 

6

Months 

12

Months 

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

Search the MLS for Newport Shores homes for sale in Newport Beach.

Price
Beds
Baths
For Sale / All Types
Advanced Search
$1,638,700
5
BED
3
TOTAL BATHS
2,424
SQFT
319 Walnut Street Newport Beach, CA 92663
Single Family Home For Sale
- Active

Welcome home to Newport Shores – a community of homes directly across PCH from some of Newport’s best surfing beaches and bound together by association amenities that add to the CA Coastal lifestyle. The “heavy lifting” has already been done here wit

New Listing - 4 weeks online
$2,099,000
4
BED
3
TOTAL BATHS
2,388
SQFT
343 62nd Street Newport Beach, CA 92663
Single Family Home For Sale
- Active

Just steps from the sand, this remodeled and expanded home offers luxury beach living with four bedrooms, three baths, a rooftop deck, an office and a bonus room. This sophisticated home features a gourmet kitchen with slab granite counters, top-of-t

New Listing - 3 weeks online
$2,499,000
4
BED
3
TOTAL BATHS
2,176
SQFT
346 62nd Street Newport Beach, CA 92663
Single Family Home For Sale
- Active Under Contract

This exceptional new construction four bedroom, three bath home is located on the highly sought after canal in Newport Shores. Featuring a stunning open floor plan complete with custom floor to ceiling Fleetwood retractable glass doors. Enjoy endless

New Listing - a week online
$1,200,000
3
BED
2
TOTAL BATHS
1,001
SQFT
258 Cedar Street Newport Beach, CA 92663
Single Family Home For Sale
- Active

Located just two blocks from one of Newport’s finest beaches, this three bedroom, two bathroom fixer is a great opportunity to own a home in Newport Shores. It includes an open floor plan, vaulted ceilings and a private patio. Enjoy beach living and

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ABOUT ME

Sharon Paxson is a full-time REALTOR® with Compass 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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