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Lido Island Market Trends

Lido Island Market Trends

Yesterday - I went and previewed some homes on Lido Island in Newport Beach. Currently the lowest priced bay front on Via Lido Nord and is priced at $3,349,126. This property is located on the bay and right along a sandy beach. There is no slip, and one cannot be added. However, the views are phenomenal. This a good price for a bay front home.

Here is a photo of the view from this property looking out to the bay. What a great place to view the annual parade of lights tour in December.

via lido nord

The following is the Lido Island Market absorption graph for the past one year.

Lido Island Market T rends

 

Please contact me if I can answer any questions about Newport Beach Luxury Homes, Newport Coast Luxury homes, Costa Mesa Real Estate, or Newport Beach Real Estate. Please view my website at www.sharonintheoc.com. Begin your Newport Beach Luxury home search today.

Please contact me for any real estate related questions.

Phone or Text: 949.280.0681

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9 comments • Sharon Paxson Newport Beach Real Estate • November 15 2008 10:26AM

Comments

Sharon, great overview of Lido Island and the market recap. Months supply is creeping upward which has been typical most places in the country.

Posted by Gary Woltal - Assoc. Broker REALTOR® SFR Dallas Ft. Worth (Keller Williams Realty) over 3 years ago

Gary - thanks for the comment. Yes months supply is creeping up and prices are coming down. I was surprised at the price of a bay front when others have sold for much more.

Posted by Sharon Paxson Newport Beach Real Estate (Prudential California Realty, DRE License 01501912) over 3 years ago

Sharon, we are seeing the same trend, but I think we will see it come back it is just going to take a couple of years.

Posted by Kim Sellers Lake Arrowhead Realtor DRE#01412099 (Lake Arrowhead, CA Coldwell Banker) over 3 years ago

Sharon ... I like your Lido Island Market Update article. Please keep up the good work. Thanks. Harrison

Posted by Harrison K. Long, business, REALTOR®, GRI, Broker (Explore Group, Coldwell Banker Previews, Irvine, South OC) over 3 years ago

Kim - prices are coming down. The one of the bayfront at that price is pretty competitive.

Posted by Sharon Paxson Newport Beach Real Estate (Prudential California Realty, DRE License 01501912) over 3 years ago

Harrison - thanks for the comment.

Posted by Sharon Paxson Newport Beach Real Estate (Prudential California Realty, DRE License 01501912) over 3 years ago

Hi Sharon!  I LOVE your market report!!  ;-)  Seriously, great info for Localism and your photo is beautiful!

Hey, how do you get your font size/color to be different on OUR comments?  I love it!

Debe in Charlotte

Posted by Debe Maxwell - Search Charlotte Homes for Sale - Charlotte NC Neighborhoods (iCharlotteRealEstate.com Savvy + Company Real Estate) over 3 years ago

Hey Sharon. Hope november is treating you well . you know, I may have asked you this once before, but do you happen to know if Lido Island is names after theh LIDO island outside of Venice Italy ?

Posted by James Wexler (wexzilla.com) over 3 years ago

James - November is going well so far, and hoe it going well for you as well. i sent you a message about Lido and will let you know when I find out.

Posted by Sharon Paxson Newport Beach Real Estate (Prudential California Realty, DRE License 01501912) over 3 years ago

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