Lido Island in Newport Beach | Market Update | October, 2012
Lido Island in Newport Beach is a highly sought after community of homes in Newport Beach which is actually an island. Access to Lido Island is via a bridge going to Lido Island. Lido Island has bay front homes and many of these homes have slips available for their yachts.
The bayfront homes located on Lido Isle in Newport Beach have incredible views of Newport Harbor. Many of these homes do have slips, however there are some that do not.
Currently, there are 14 active listings on Lido Island in Newport Beach, 5 in back up status, and 1 pending sales, and 4 sales for the month of October, 2012.
The average sales price for the past one year is $2,438,932 with a price per square foot of $819.39.
14 Listings compared to 17 listings in September, 2012 – down -3
5 Back Up compared to 6 listings in September, 2012 – down -1
1 Pending compared to 1 in September, 2012 – the same
4 Sold compared to 7 in September, 2012 – down -3
Inventory has remained consistent from the prior month, and the trend on Lido Island in Newport Beach. View the absorption rate on Lido Island below.
View prior month’s market reports on Lido Island in Newport Beach.
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