All About Newport Beach

The Cape Cod style homes located in the Castaways homes in Newport Beach have beautiful design and architecture. The school district for the residents of the Castaways is Newport Mesa Unified School disrict, and th schools are: Mariners Elementary School (which is a highly coveted school), Ensign Middle School and Newport Harbor High School.  Ensign Middle School and Newport Harbor High School are located in very close proximity to the Castaways in Newport Beach.

There are four active listings in the Castaways in Newport Beach, and two in back up status which is a short sale, and there were no sales in the month of April, 2012.

The Castaways is a beautiful Newport Beach gated community. The homes are on the front row have ocean and bay views.

The absorption rate remains low on the Castaways in Newport Beach. Homes are selling with a two month absorption rate.

The average sales price for the homes sold is $1,845,000 with the price per square foot of $479.85.

4 Active listings compared to 2 in March, 2012 – up +2
2 Back up listing compared to 1 in March, 2012 – up +1
0 Pending sale compared to 0 in March, 2012 down - the same
0 Sales compared to 1 in March, 2012, down - down -1

Last months market reports:

March, 2012
February, 2012

Search the MLS for homes for sale in the Castaways in Newport Beach and Newport Beach homes for sale.

Originally posted at NewportBeachRealEstateCafe.com

Balboa Peninsula  is a highly sought after area in Newport Beach with ocean front and bay front homes and condos for sale. There are both Newport Beach condos for sale, and  Newport Beach single family homes as well. The Balboa Peninsula in Newport Beach is a very desirable place  to reside in Newport Beach.  The residents on the Balboa Peninsula live in this area for the lifestyle.  It is very easy to either walk to your destination, or to ride your bike to your Peninsula location. Enjoy shopping and dining on the Balboa Peninsula in Newport Beach.

Currently, there are 70 active listings  (6 are distressed sales) on Balboa Peninsula in Newport Beach, 7  in back up status (4 are distressed sales or short sales) , 3 pending (1 is a distressed sale), and a total of 8 sales (1 is an REO)  in the month of April, 2012.

The average price of homes that sold during the month of March, 2012 is $1,295,944 with an average price per square foot of $542.90.

The average price of homes sold the past year on the Balboa Peninsula is $2,520,887 with a price per square foot of $766.64.

70 Active listings compared to 71 in March, 2012 - down -1
7 Back up listing compared to 7 in March, 2012 - the same
3 Pending sale compared to 1 in March, 2012 up +2
8 Sales compared to 3 in March, 2012, up +5

Past months market reports

March, 2012
February, 2012
January, 2012
December, 2011
November, 2011
October, 2011
September, 2011

The absorption rate remains high on Balboa Peninsula in Newport Beach, however it is trending down from last month. Homes are selling.

Search the MLS for homes for sale on the Balboa Peninsula, and condos for sale on the Balboa Peninsula in Newport Beach.

Originally posted at NewportBeachRealEstateCafe.com

Homes for Sale on Balboa Island in Newport Beach | Balboa Island Homes for Sale

Balboa Island in Newport Beach is a set of three islands in Newport Beach and they include the main island, the little island and Collins Island. Collins Island in Newport Beach is a gated community and has only 8 homes located on it, and these homes on Collins Island have incredible views of Newport Harbor. Balboa Island is a highly sought after area of Newport Beach. Balboa Island is a beautiful area of Newport Beach and unique charm, with close proximity to Fashion Island in Newport Beach, and take the ferry across to the Balboa Peninsula to visit the beach, and the Wedge.

Currently, there are 20 active listings, 4 in back up, 4 in pending, and there were six sales in the month of April, 2012.

Closed sales for past year has an average sales price of $2,153,620 and a price per square foot of $792.96.

Average sales price for sales in the past month was $1,656,666 with a price per square foot of $985.57.

In general, Balboa Island is showing a stable market trending towards a sellers market with the absorption rate. 

Listings are down -1 from March, 2012
Back Up is the same from March, 2012
Pending sales are up +1 from March, 2012
Sales are up +3 from March, 2012

Past months market reports below.

March, 2012 Market Report
February, 2012 Market Report
January, 2012 Market Report
December, 2011 Market Report

In general, Balboa Island is showing a stable market trending towards a sellers market with the absorption rate. 

Search the MLS for Balboa Island homes for sale, and Newport Beach real estate for sale, and bayfront homes for sale in Newport Beach.

Originally posted at NewportBeachRealEstateCafe.com

Lido Island Homes for Sale in Newport Beach | Market Report April, 2012

Lido Island in Newport Beach is a beautiful community of homes in Newport Beach which is actually an island. There is a bridge going to Lido Island, or Lido Isle as it is also referred to as. 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  25 active listings on Lido Island in Newport Beach, 4 in back up status (two property in back up are short sales), and 3 pending sales, and 2 sales for the month of April 2012.

The average sales price for the past one year on Lido Island in Newport Beach is $2,316,277 with a price per square foot of $791.60 which is an increase in price per square foot from the prior month.

Listings are the same from March, 2012 
Back Up is down from March, 2012 -3
Pending properties are up from March, 2012 +2
Sold property is up March, 2012 +2

Inventory has remained consistent from the prior month, and the trend on Lido Island in Newport Beach. Regarding the absorption rate on Lido Island, one month is generally not a trend and there were two sales in April, 2012.

Past months market reports
March, 2012
February, 2012
January, 2012
December, 2011
November, 2011
October, 2011

Search the MLS for Lido Island homes for sale, and real estate for sale on Lido Island in Newport Beach.

Originally posted at NewportBeachRealEstateCafe.com

Balboa Peninsula Condo for Sale | Just Sold in Newport Beach

This gorgeous three bedroom, two bathroom condo located on the Balboa Peninsula in Newport Beach has just sold for $750,000.  This condo is lcoated at 206 Adams Street. This  condo in Newport Beach had been completely upgraded with travertine flooring, and granite counter tops. This gorgeous condo in Newport Beach has double doors which open onto a beautiful patio for enjoying the Newport Beach climate.

This Balboa Peninsula condo is located in an ideal location and walking distance to the beach and bay.

This condo in Newport Beach sold for $750,000.

If you are searching for another condo similar, please contact me.

Originally posted at NewportBeachRealestatecafe.com

Newport Shores in Newport Beach is a highly sought after beach community located in Newport Beach. Newport Shores has approximately 440 homes located on the west side of Newport Beach.  In Newport Shores, there are both single family homes and there are condos as well, and duplexes. Newport Shores is surrounded by a canal and there are canal front homes in Newport Shores on Canal Street, Canal Circle and 62nd Street in Newport Beach.

The community of Newport Shores has a community pool, clubhouse, tennis court, sand volley ball court and basketball court for the residents of Newport Shores in Newport Beach.

Currently, there are 5 active listings (one is a short sale - all others are standard sales) in Newport Shores in Newport Beach.  One of the active listings is a Canal front property. There is one other active listing which is not in the MLS at 233 Canal Street being offered at $1,400,000.  There are two properties in back up status (one is a short sale), no pending sales and there were 2 sales last month in Newport Shores.

Listings are down -1 since March, 2012
Back Up are the same since March, 2012
Solds are the same since March, 2012

March, 2012 Market Report
February, 2012 Market Report
January, 2012 Market Report
December, 2011 Market Report

Market absorption is still considered a seller's market in Newport Shores in Newport Beach.

Search the MLS for Newport Shores homes for sale, and Newport Beach Real Estate.

Originally posted at NewportBeachRealEstateCafe.com

Sherman Library and Gardens is having their 16th Annual Spring Private Garden Tour on Saturday, May 12, 2012 from 11:00 am to 4:00 pm.

Sherman Library and Gardens is a beautiful place to visit and be sure to bring your camera because you can walk around and just enjoy the beauty in the Corona del Mar climate. Additionally, there are events and weddings which can be arranged there.

Sherman Gardens offers classes are also available to the public for a fee and may include topics such as caring for indoor plants, or classes on Orchids. Visitors are also welcome to come and view Sherman Library and Gardens for a small admission fee at the door. Memberships are also available and have many benefits, for more information., please view their website.

For more information about Sherman Library and Gardens, view their website.

Sherman Library and Gardens
2647 East Coast Highway
Corona del Mar, California 92625

949.673.2261

Originally posted at NewportBeachRealestateCafe.com

Eat Chow, a brand new casual cafe has been open for the pasts  four years in Eastside Costa Mesa, and they have just opened a second location in West Newport at Newport Shores.

Eat Chow has a delicious menu including soup, salads. Last night I ate there and enjoy a blackened ahi salad which was delicious. My daughter enjoyed the chopped fried chicken salad. Great location and fabulous food! A new favorite in the Newport Shores area in Newport Beach!

Eat Chow is open from  7 a.m. to 9 p.m. Monday through Thursday; 7 a.m. to 10 a.m. Friday and Saturday; and 7 a.m. to 9 p.m. Sunday.
The address of Eat Chow 2 is at 211 62nd St. in Newport Beach. 949.423.7080.

Hope to see you at Eat Chow in Newport Shores!

Originally posted at NewportBeachrealestatecafe.com

Newport Shores in Newport Beach is hosting their annual garage sale coming up on May, 19, 2012. The garage sale begins bright and early and the bargain shoppers start out early.

It is a great time to clean out your closets, drawers, and your garage. Turn your items into some cash! Also, this is a great opportunity to walk around the neighborhood and meet and greet your neighbors. It is always a fun event.

And at the end, if you do not sell everything,  electronic recycling containers will be located on Canal Circle.

Additionally, there will be a charity to come by and pick up un-sold items.

Start organizing your garage sale items now!!

Originally posted at NewportBeachRealEstateCafe.com