Lido Island in Newport Beach | Market Update | January, 2013
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 11 active listings on Lido Island in Newport Beach, 3 in back up status, and 3 pending sales, and 2 sales for the month of January, 2013.
The average sales price for the past one year is $1,535,800 with a price per square foot of $675.88.
Median price for Lido Island over past one year is $1,575,000 and a price per square foot of $674.45.
11 Listings compared to 16 listings in Decmeber, 2012 – down -5
3 Back Up compared to 1 listings in December, 2012 – up +2
3 Pending compared to 1 in December, 2012 – down -2
2 Sold compared to 6 in December, 2012 – down -4
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.
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