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Newport Shores Market Report - November, 2011

Newport Shores in Newport Beach is a great beach community of approximately 440 homes located on the west side of Newport Beach.  In Newport Shores, there are both single family homes and there are condos, and duplexes as well.

Newport Shores in Newport Beach sunset

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 in Newport Shores in Newport Beach, and there is one other active listing which is not in the MLS at 233 Canal Street being offered at $1,400,000. In November, there were two sales. Sales are up since November, 2010 where there was one sale.

Listings are down -1 since October, 2011

Sales are up +1 since October, 2011

In my opinion, the listings are down because of the holiday season, and sellers do not want to sell their home during the holiday season.

Newport Shores market update

Newport Shores absorption rate


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


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Originally posted at NewportBeachRealEstateCafe.com

3 commentsSharon Paxson Newport Beach Real Estate • December 06 2011 12:07PM

Comments

Sounds like some great amenities for the residents in the area.  Have a great week!

Posted by Kim Sellers Lake Arrowhead Realtor DRE#01412099 (Lake Arrowhead, CA Coldwell Banker) 6 months ago

Another gorgeous real estate market report for Newport Shores!  Looks very stable unlike our markets :) 

Posted by Renee Burrows - Las Vegas Real Estate - (702-580-1783) www.ShackDiva.com (BrokerThe Force Realty-REALTOR-Estate-Probate-REO-Short Sale) 6 months ago

Hi Kim - thank you so much - you as well!

Hi Renee - it is fairly stable, and hopefully another one (of mine) will go into escrow! :)

Posted by Sharon Paxson Newport Beach Real Estate (Prudential California Realty, DRE License 01501912) 6 months ago

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