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 Beachand there is one other active listing which is not in the MLS at 233 Canal Street being offered at $1,400,000In 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

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