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.
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 | ||||
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Information Deemed Reliable but not Guaranteed Courtesy of www.NewportBeachRealEstateCafe.com Info is taken from CRMLS Do Not Use Without Permission |
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12 Months |
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| 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.
