Newport Shores Market Update | March, 2012

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

Newport Shores in Newport Beach

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 6 active listings (one is a short sale – all others are standard sales) in Newport Shores in Newport Beach. One of the active listings is a Canal front property. There is one other active listing which is not in the MLS at 233 Canal Street being offered at $1,400,000.  There are two properties in back up status (one is a short sale), no pending sales and there were 2 sales last month in Newport Shores.

Newport Shores Market Report

Listings are up +1 since February, 2012
Back Up are the same since February, 2012
Solds are up +2 since February, 2012


February, 2012 Market Report
January, 2012 Market Report
December, 2011 Market Report

Market absorption is still considered a stable market, trending toward a seller’s market in Newport Shores in Newport Beach.

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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