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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
Posted Saturday Nov 15
( 11/15/08 10:46AM ) — Gary Woltal - REALTOR® Dallas Ft. Worth

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

( 11/15/08 10:54AM ) — Sharon Paxson

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.

( 11/15/08 03:38PM ) — Kim Kelley, Realtor

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.

( 11/15/08 03:57PM ) — Harrison K. Long - Realtor & Broker

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

( 11/15/08 05:10PM ) — Sharon Paxson

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

( 11/15/08 05:11PM ) — Sharon Paxson

Harrison - thanks for the comment.

( 11/15/08 09:02PM ) — Debe Maxwell

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

( 11/16/08 12:57AM ) — James Wexler, Scottsdale AZ Luxury Homes (Coldwell Banker)

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 ?

( 11/16/08 05:48PM ) — Sharon Paxson

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.

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