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Newport Shores Market Update October 2013

Newport Shores Market Update October 2013

Leave a Comment / Featured Blog Posts, Market Reports / By Sharon Paxson, Realtor®

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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 a complimentary and no-obligation market analysis, please contact me.

Search the MLS for all Newport Shores homes for sale.

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About The Author

Sharon Paxson, Realtor®

I write about my passion of living the SoCal lifestyle in beautiful Newport Beach CA. I like to write about the local events, beaches, restaurants, and real estate updates in the area. Call or text me - 949.280.0681 EQTY | Forbes Global Properties DRE 01501912

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Sharon Paxson is a full-time REALTOR® with Coldwell Banker and has been specializing in residential real estate throughout the Newport Beach area since 2005 assisting Buyer’s, Seller’s, Landlords, and Tenants with their real estate needs.

If you are thinking about buying, selling or renting your home, condo or other Real Estate in the following areas including Newport Beach, Newport Coast, Corona del Mar, Huntington Beach there are thousands of Realtors to choose from. However, it doesn't cost you any more to work with a top Newport Beach CA Realtor. We welcome the opportunity to show you how we get outstanding real estate results with specific and targeted marketing. If you are looking for a top real estate agent who will make a difference you have come to the right place. Use this real estate website to learn about communities and homes for sale.

DISCLAIMER: All information, photographs & content contained on this site is the property of Sharon Paxson. You must obtain written permission from Sharon Paxson if you would like to use any of this content contained herein. Opinions expressed are those of Sharon Paxson and may not necessarily be opinions of past and present brokers. Articles may be time and date sensitive. All statistical information utilized to create market reports has been obtained from the CRMLS. Information Deemed Reliable but not Guaranteed.

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