Newport Shores in Newport Beach | Homes for Sale in Newport Shores | Market Update | August, 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 single family homes, condos, and duplexes in Newport Shores. Newport Shores is surrounded by a Canal and there are canal front homes on Canal Street, Canal Circle and 62nd Street.
Newport Shores has a community pool, tennis court, basketball court, sand volleyball court and clubhouse, for the residents of Newport Shores in Newport Beach.
Currently, there are 6 active listings, and 2 in back up (one short sale). There were no sales in August, 2012, and the last two sales in Newport Shores were in July, 2012.
Average price of sold homes over past one year was $786,718 with a price per square foot of $525.11.
6 Active Listings compared to 5 in July, 2012 – up +1
2 Back Up compared to 2 back up in July, 2012 – the same
0 Pending Sales compared to 0 pending in July, 2012 – the same
0 Solds compared to 2 sales in July, 2012 – down -2
Previous months Newport Shores market reports:
August, 2012 Market Report
July, 201 2 Market Report
June, 2012, Market Report
May, 2012 Market Report
April, 2012 Market Report
March, 2012 Market Report
February, 2012 Market Report
January, 2012 Market Report
December, 2011 Market Report
Market absorption is still considered a seller’s market in Newport Shores in Newport Beach.
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