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Newport Shores Market Update | April, 2013

Newport Shores in Newport Beach | Market Update | April, 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 wonderful beach lifestyle.  There are single family homes,  condos, and duplexes in Newport Shores. The Army Corp of Engineers has begun dredging the Newport Shores Canal and the dredging is finishing up this weekend. It is going to be so nice, and the water will be so clear. The residents cannot wait for this job to be completed, but it is interesting just the same to watch!

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

Currently, there are 6 active listings, and 3 in back up, 1 pending and 1 sale in April, 2013.

Average price of sold homes over past one year was $937,515 with a price per square foot of $622.51.

Median price for the past one year is $829,000 and a price per square foot of $613.28.

6 Active Listings compared to 3 in March, 2013
3 Back Up compared to 1 back up in March, 2013
0 Pending Sales compared to 1 pending in March, 2013
1 Solds compared to 0 sales in March, 2013

Inventory is low, and if you are with the pent up buyer demand, why not list your Newport Beach home now.

For complimentary and no obligation market analysis, please contact me.

Previous months Newport Shores market reports:

April, 2013
March, 2013
February, 2013
January, 2013
December, 2012
November, 2012
October, 2012
September, 2012, Market Report
August, 2012 Market Report
July, 201 2 Market Report
June, 2012, Market Report
May, 2012 Market Report
April, 2012 Market Report
March, 2012 Market Report
February, 2012 Market Report
January, 2012 Market Report
December, 2011 Market Report

Market absorption is still considered a stable market in Newport Shores in Newport Beach. 

 

Search the MLS for Newport Shores homes for sale in Newport Beach.

Originally posted at NewportBeachRealEstateCafe.com

Comment balloon 1 commentSharon Paxson • May 30 2013 10:15PM
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