Newport Shores in Newport Beach | Homes for Sale in Newport Shores | Market Update | September 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 which are located on the west side of Newport Beach. Living in Newport Shores provides a wonderful beach lifestyle. There are single family homes, condos, and duplexes in Newport Shores. The Army Corp of Engineers is supposed to be dredging this Canal this week.
The community of 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 4 active listings, and 5 in back up (one short sale), 1 pending and one sale in September 2012.
The average price of sold homes over past one year was $774,700 with a price per square foot of $505.77. 3 sales over the past year are REO properties.
4 Active Listings compared to 6 in August 2012 – down -2
5 Back-Up compared to 2 back up in August 2012 – down -3
1 Pending Sales compared to 0 pending in August 2012 – up +1
1 Solds compared to 0 sales in August 2012 – up +1
Previous months Newport Shores market reports:
Market absorption is still considered a seller’s market in Newport Shores in Newport Beach.
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