Newport Shores in Newport BeachÂ is a beach community Â which is located in Newport Beach. There are approximately 440 homes located on theÂ west side of Newport Beach. Â In Newport Shores, there are bothÂ single family homes,Â Â condos, 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.
TheÂ community of Newport ShoresÂ has aÂ community pool,Â clubhouse, tennis court, sand volley ball court and basketball court for the residents ofÂ Newport Shores in Newport Beach.
Currently, there are 4 active listings, 2 in back up, and there were 3 sales the month of June, 2012.
Average price of homes sold in June, 2012 was $853,666 and an average price per square foot of $628.23. This was the first month since March, 2011 that a property located on the inside (not Canal front) sold for over $1,000.000.
Previous months Newport Shores market reports:
Market absorptionÂ is still considered a seller's market inÂ Newport Shores in Newport Beach.
|Absorption Rate, June, 2012|
|Newport Shores Market Update|
Information Deemed Reliable but not Guaranteed
Courtesy ofÂ www.NewportBeachRealEstateCafe.com
Info taken from CRMLS
Do Not Use Without Permission
|Listings||Â 4||Â 4||Â 4||Â 4|
|Sold||Â 3||5||Â 8||Â 17|
|AverageSold/Mo||3||2||Â 1||Â 1|