Newport Shores in Newport Beach | October, 2013
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 highly desirable beach lifestyle. The Army Corp of Engineers has completed the dredging the Newport Shores Canal. It is so nice to see the residents enjoying the beautiful canal. It is now common to see the residents utilizing the canal by stand up paddle boarding, kayaking, and paddling.
The Newport Shores community has a community pool, basketball court, tennis court, sand volleyball court and clubhouse, for the residents of Newport Shores in Newport Beach.
Currently, there are 5 active listings, and 1 in back up, 0 pending and 3 sales in October, 2013.
Average price of sold homes over past one year was $1,043,798 with a price per square foot of $629.76.
Median price for the past one year is $1,085,000 and a price per square foot of $612.24.
The absorption rate is as follows, and is favoring a strong sellers market with the low number of active listings.
Buyers are looking in Newport Shores, consider selling your Newport Beach home now.
For complimentary and no obligation market analysis, please contact me.
Previous months Newport Shores market reports:
September, 2012, Market Report
August, 2012 Market Report
July, 201 2 Market Report
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