Lido Island in Newport Beach | Market Update | December, 2012
Lido Island in Newport Beach is a highly desirable community of homes in Newport Beach which is 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 some are bayfront without slips.
Currently, there are 16 active listings on Lido Island in Newport Beach, 1 in back up status, and 1 pending sales, and 6 sales for the month of December, 2012.
The average sales price for the past one year is $2,416,549 with a price per square foot of $780.13.
16 Listings compared to 13 listings in November, 2012 – up +3
1 Back Up compared to 4 listings in November, 2012 – down -3
1 Pending compared to 4 in November, 2012 – down -3
6 Sold compared to 3 in November, 2012 – up +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 which is favoring a seller’s market.
View prior month’s market reports on Lido Island in Newport Beach.
The sales for the past one year from January 1, 2012 to December, 31, 2012 may be viewed below. The most number of homes sold per month was in July and in August with 7 sales those two months.
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