Balboa Peninsula Market Trends | Newport Beach Homes for Sale

by Sharon Paxson on November 20, 2011 · 1 comment

Balboa Peninsula is a unique area of Newport Beach and offers a variety of lifestyles. There are homes that are Newport Beach ocean front homes, and Newport Beach homes with boat slips also. There are both condos for sale on the Balboa Peninsula in Newport Beach, and single family homes as well. The Balboa Peninsula is a highly sought after area.

Currently, there are 72 active listings on the Balboa Peninsula in Newport Beach. There were two sales last month. That makes for a very high absorption rate.

I did some research back to 2002, to look at the trends including the median price, and number of units sold on the Balboa Peninsula. The graphic includes date from 2011, and I will update it once the year is over.

Balboa Peninsula home sales by year

In 2011, there have been 35 sales on the Peninsula in Newport Beach. The largest number of units sold over the past 9 years was in 2003 when 85 properties were sold.

The highest median price was in 2007. And it has declined, however the median price is higher in 2011 versus 2010.

Also, looking at the number of units in the city of Newport Beach, it is interesting to see the trends.

Newport Beach Number of Homes sold by year

The number of units that have sold in Newport Beach  has declined since 2002, with 2008 being the lowest year.

It will be interesting to see how many more homes will sell before the end of the year and it 2011 will have more home sales than 2010. Buyers are taking advantage of the softened home prices, and the low interest rates.

If I can answer any questions about Newport Beach homes for sale, or trends, please contact me.

Search the MLS for homes for sale in Newport Beach, and homes on the Balboa Peninsula in Newport Beach.


Showing properties 1 - 50 of 64. See more Balboa Peninsula Homes for Sale.
(all data current as of 5/17/2012)

  1. 3 beds, 4 full baths
    Year built: 1949
    Parking spots: 10
    Days on market: 9
  2. 0 beds, 1 part bath
    Lot size: 2,100 sqft
    Year built: 1907
    Days on market: 10
  3. 5 beds, 4 full, 1 part baths
    Home size: 4,000 sq ft
    Lot size: 3,200 sqft
    Year built: 2005
    Parking spots: 6
    Days on market: 13
  4. 3 beds, 3 full baths
    Home size: 2,459 sq ft
    Lot size: 2,850 sqft
    Year built: 2002
    Parking spots: 4
    Days on market: 17
  5. 2 beds, 2 full baths
    Home size: 1,500 sq ft
    Lot size: 1,530 sqft
    Year built: 1992
    Parking spots: 4
    Days on market: 17
  6. 3 beds, 1 full, 1 part baths
    Home size: 1,268 sq ft
    Lot size: 2,730 sqft
    Year built: 1947
    Parking spots: 4
    Days on market: 22
  7. 4 beds, 3 full baths
    Lot size: 2,100 sqft
    Year built: 1912
    Parking spots: 1
    Days on market: 23
  8. 3 beds, 2 full, 1 part baths
    Home size: 1,669 sq ft
    Year built: 1991
    Parking spots: 4
    Days on market: 24
  9. 3 beds, 2 full, 1 part baths
    Home size: 2,035 sq ft
    Lot size: 2,296 sqft
    Year built: 1980
    Parking spots: 4
    Days on market: 28
  10. 3 beds, 2 full baths
    Home size: 1,389 sq ft
    Lot size: 2,100 sqft
    Year built: 1940
    Parking spots: 2
    Days on market: 28
  11. 4 beds, 3 full, 1 part baths
    Home size: 2,884 sq ft
    Lot size: 3,833 sqft
    Year built: 1936
    Days on market: 30
  12. 2 beds, 2 full baths
    Home size: 1,221 sq ft
    Year built: 2004
    Parking spots: 2
    Days on market: 33
  13. 2 beds, 1 part bath
    Home size: 601 sq ft
    Lot size: 1,820 sqft
    Year built: 1957
    Parking spots: 1
    Days on market: 35
  14. 4 beds, 3 full, 1 part baths
    Home size: 3,000 sq ft
    Lot size: 2,960 sqft
    Year built: 1965
    Parking spots: 6
    Days on market: 39
  15. 3 beds, 2 full, 1 part baths
    Home size: 1,598 sq ft
    Lot size: 1,950 sqft
    Year built: 1963
    Parking spots: 4
    Days on market: 39
  16. 4 beds, 2 full, 1 part baths
    Home size: 2,590 sq ft
    Lot size: 2,660 sqft
    Year built: 1985
    Parking spots: 4
    Days on market: 46
  17. 0 beds, 1 full bath
    Lot size: 2,400 sqft
    Year built: 1956
    Days on market: 47
  18. 4 beds, 3 full, 1 part baths
    Home size: 2,813 sq ft
    Lot size: 2,100 sqft
    Year built: 1981
    Parking spots: 5
    Days on market: 47
  19. 5 beds, 7 full baths
    Home size: 3,650 sq ft
    Lot size: 2,800 sqft
    Year built: 2008
    Parking spots: 4
    Days on market: 49
  20. 0 beds, 1 full bath
    Lot size: 2,100 sqft
    Year built: 1998
    Days on market: 53
  21. 3 beds, 4 full, 1 part baths
    Home size: 4,357 sq ft
    Lot size: 4,752 sqft
    Year built: 1972
    Parking spots: 5
    Days on market: 57
  22. 4 beds, 3 full, 1 part baths
    Home size: 3,200 sq ft
    Year built: 1998
    Parking spots: 4
    Days on market: 57
  23. 6 beds, 5 full, 1 part baths
    Home size: 5,000 sq ft
    Lot size: 5,738 sqft
    Year built: 2002
    Parking spots: 4
    Days on market: 58
  24. 4 beds, 3 full baths
    Home size: 2,213 sq ft
    Lot size: 2,625 sqft
    Year built: 1950
    Parking spots: 4
    Days on market: 58
  25. 4 beds, 2 full, 1 part baths
    Lot size: 2,145 sqft
    Year built: 1993
    Parking spots: 4
    Days on market: 60
  26. 3 beds, 2 full baths
    Home size: 1,935 sq ft
    Lot size: 2,420 sqft
    Year built: 1984
    Parking spots: 4
    Days on market: 77
  27. 3 beds, 2 full, 1 part baths
    Home size: 2,987 sq ft
    Lot size: 3,200 sqft
    Year built: 1933
    Parking spots: 6
    Days on market: 77
  28. 5 beds, 4 full, 1 part baths
    Home size: 3,650 sq ft
    Lot size: 7,680 sqft
    Year built: 1931
    Parking spots: 4
    Days on market: 79
  29. 4 beds, 3 full baths
    Home size: 2,900 sq ft
    Year built: 1980
    Parking spots: 4
    Days on market: 79
  30. 2 beds, 1 full, 2 part baths
    Home size: 1,428 sq ft
    Lot size: 2,477 sqft
    Year built: 1957
    Parking spots: 4
    Days on market: 87
  31. 3 beds, 2 full, 1 part baths
    Home size: 2,529 sq ft
    Lot size: 2,100 sqft
    Year built: 1987
    Parking spots: 7
    Days on market: 87
  32. 2 beds, 1 full, 1 part baths
    Home size: 1,077 sq ft
    Lot size: 3,210 sqft
    Year built: 1922
    Parking spots: 4
    Days on market: 93
  33. 3 beds, 1 full, 3 part baths
    Home size: 1,850 sq ft
    Lot size: 2,100 sqft
    Year built: 2001
    Parking spots: 3
    Days on market: 93
  34. 3 beds, 2 full, 1 part baths
    Home size: 2,000 sq ft
    Lot size: 2,625 sqft
    Year built: 1937
    Parking spots: 4
    Days on market: 93
  35. 5 beds, 5 full, 2 part baths
    Home size: 4,253 sq ft
    Lot size: 4,860 sqft
    Year built: 2010
    Parking spots: 6
    Days on market: 93
  36. 4 beds, 3 full, 1 part baths
    Home size: 2,617 sq ft
    Lot size: 5,070 sqft
    Year built: 1957
    Parking spots: 4
    Days on market: 95
  37. 3 beds, 3 full baths
    Home size: 2,204 sq ft
    Lot size: 2,700 sqft
    Year built: 1949
    Parking spots: 3
    Days on market: 100
  38. 3 beds, 1 full, 1 part baths
    Home size: 1,415 sq ft
    Lot size: 2,730 sqft
    Year built: 1927
    Parking spots: 4
    Days on market: 100
  39. 4 beds, 3 full baths
    Home size: 2,815 sq ft
    Lot size: 4,380 sqft
    Year built: 2002
    Parking spots: 3
    Days on market: 112
  40. 5 beds, 3 full, 4 part baths
    Home size: 4,800 sq ft
    Lot size: 3,675 sqft
    Year built: 2008
    Parking spots: 6
    Days on market: 121
  41. 3 beds, 3 full, 1 part baths
    Home size: 2,611 sq ft
    Lot size: 2,100 sqft
    Year built: 2012
    Parking spots: 4
    Days on market: 138
  42. 3 beds, 2 full baths
    Lot size: 2,625 sqft
    Year built: 1938
    Parking spots: 4
    Days on market: 164
  43. 3 beds, 1 full, 1 part baths
    Home size: 1,404 sq ft
    Lot size: 2,100 sqft
    Year built: 1919
    Days on market: 170
  44. 6 beds, 4 full, 2 part baths
    Home size: 5,500 sq ft
    Lot size: 12,645 sqft
    Year built: 1973
    Parking spots: 10
    Days on market: 179
  45. 4 beds, 2 full, 2 part baths
    Home size: 2,340 sq ft
    Lot size: 2,180 sqft
    Year built: 1998
    Parking spots: 4
    Days on market: 182
  46. 5 beds, 2 full, 3 part baths
    Home size: 1,382 sq ft
    Lot size: 2,997 sqft
    Year built: 1915
    Parking spots: 4
    Days on market: 189
  47. 2 beds, 1 full, 1 part baths
    Home size: 1,022 sq ft
    Lot size: 2,100 sqft
    Year built: 1948
    Days on market: 190
  48. 3 beds, 1 full, 1 part baths
    Home size: 1,202 sq ft
    Lot size: 3,150 sqft
    Year built: 1957
    Parking spots: 4
    Days on market: 197
  49. 4 beds, 3 full baths
    Year built: 2005
    Parking spots: 4
    Days on market: 199
  50. 5 beds, 2 full, 1 part baths
    Home size: 1,860 sq ft
    Lot size: 2,625 sqft
    Year built: 1925
    Parking spots: 2
    Days on market: 200

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Originally posted at NewportBeachRealEstateCafe.com

Sharon Paxson

I write about my passion of living the SoCal lifestyle in beautiful Newport Beach. I like to write about the local events, beaches, restaurants, and real estate updates in the area. Call or text me - 949.280.0681

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{ 1 comment… read it below or add one }

Larry Brewer November 21, 2011 at 4:49 AM

Sharon these are beautiful home on the Balboa Peninsula, and it makes me want to come visit right now. Here in the east it’s the rainy season, and I’m ready for the sunshine.
Larry Brewer recently posted..Franklin Luxury Home – 2309 firefly ct

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