Balboa Peninsula in Newport Beach | Market Update | February, 2012

by Sharon Paxson on March 20, 2012 · 0 comments

Balboa Peninsula  is a highly sought after area in Newport Beach with bay front as well as ocean front homes and condos for sale. There are both Newport Beach condos for sale, and  Newport Beach single family homes as well. The Balboa Peninsula in Newport Beach is a great place  to reside in Newport Beach.  The residents on the Balboa Peninsula live in this area for the lifestyle, as it is very easy to either walk to your destination, or to ride your bike to your Peninsula location. Enjoy shopping and dining on the Balboa Peninsula in Newport Beach.

Balboa Peninsula boardwalk

There is a Pavillion’s grocery store at 32nd Street, in Newport Beach, Chipotle, and some boutique shops at 32nd Street. Also there are many restaurants including El Ranchito, and Ho Sum Bistro just to name a few.

Currently, there are 68 active listings on Balboa Peninsula in Newport Beach, 2 in back up status, 6 pending, and a total of 8 sales in the month of February.

Balboa Peninsula market update

There are 58 single family active listings, 2 back up, 6 pending, and 6 sales.

Balboa Peninsula Single Family Homes for Sale

RE: the condo market on the Balboa Peninsula, 10 are active listings, and 2 of the sales were condos in February.

Balboa Peninsula condos

The average price of homes that sold during the month of February is $3,214,800.

68 Active listings compared to 68 in January, 2012 - the same
2 Back up listing compared to 3 in January, 2012 -1
6 Pending sales compared to 5 in January, 2012 +1
6 Sales compared to 2 in January, 2012, +4

The absorption rate remains high on Balboa Peninsula in Newport Beach, however it is trending down from last month. Last month (January, 2012) the three month absorption rate was 18.5 months, and in February, 2012 it is now 15 months. Homes are selling.Balboa Peninsula absorption rate

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

Showing properties 1 - 34 of 34. See more Balboa Peninsula Homes for Sale.
(all data current as of 5/23/2013)

  1. 5 beds, 3 full baths
    Home size: 3,400 sq ft
    Lot size: 3,049 sqft
    Year built: 1961
    Parking spots: 12
    Days on market: 6
  2. 1 bed, 1 full bath
    Home size: 684 sq ft
    Lot size: 2,178 sqft
    Year built: 1920
    Days on market: 10
  3. 4 beds, 2 full, 3 part baths
    Home size: 3,000 sq ft
    Lot size: 2,614 sqft
    Year built: 2005
    Parking spots: 4
    Days on market: 10
  4. 6 beds, 4 full, 4 part baths
    Home size: 6,880 sq ft
    Lot size: 12,000 sqft
    Year built: 2006
    Parking spots: 8
    Days on market: 15
  5. 5 beds, 4 full baths
    Home size: 3,590 sq ft
    Lot size: 3,690 sqft
    Year built: 2008
    Parking spots: 4
    Days on market: 16
  6. 3 beds, 1 full, 2 part baths
    Home size: 2,987 sq ft
    Lot size: 3,049 sqft
    Year built: 1933
    Parking spots: 6
    Days on market: 18
  7. 4 beds, 4 full baths
    Home size: 3,800 sq ft
    Lot size: 3,154 sqft
    Year built: 2012
    Parking spots: 5
    Days on market: 20
  8. 3 beds, 2 full, 1 part baths
    Home size: 2,349 sq ft
    Lot size: 3,049 sqft
    Year built: 1948
    Parking spots: 8
    Days on market: 23
  9. 2 beds, 2 full, 1 part baths
    Home size: 1,824 sq ft
    Lot size: 2,100 sqft
    Year built: 1990
    Parking spots: 4
    Days on market: 24
  10. 2 beds, 2 full, 1 part baths
    Home size: 1,971 sq ft
    Lot size: 6,000 sqft
    Year built: 1981
    Parking spots: 4
    Days on market: 26
  11. 4 beds, 3 full, 2 part baths
    Home size: 3,575 sq ft
    Lot size: 5,000 sqft
    Year built: 1946
    Parking spots: 8
    Days on market: 42
  12. 5 beds, 4 full baths
    Home size: 2,136 sq ft
    Lot size: 2,193 sqft
    Year built: 1940
    Parking spots: 4
    Days on market: 42
  13. 3 beds, 1 full, 1 part baths
    Home size: 1,288 sq ft
    Lot size: 3,200 sqft
    Year built: 1947
    Parking spots: 6
    Days on market: 45
  14. 3 beds, 1 full, 3 part baths
    Home size: 3,500 sq ft
    Lot size: 6,930 sqft
    Year built: 1993
    Parking spots: 4
    Days on market: 53
  15. 5 beds, 1 full, 3 part baths
    Home size: 3,045 sq ft
    Lot size: 4,356 sqft
    Year built: 1975
    Parking spots: 8
    Days on market: 58
  16. 3 beds, 3 full baths
    Home size: 2,500 sq ft
    Lot size: 2,614 sqft
    Year built: 2006
    Parking spots: 4
    Days on market: 59
  17. 4 beds, 5 full, 1 part baths
    Home size: 2,608 sq ft
    Lot size: 2,178 sqft
    Year built: 1977
    Parking spots: 4
    Days on market: 59
  18. 3 beds, 1 full, 2 part baths
    Home size: 2,100 sq ft
    Lot size: 2,100 sqft
    Year built: 2008
    Parking spots: 4
    Days on market: 63
  19. 4 beds, 3 full baths
    Home size: 2,300 sq ft
    Lot size: 2,800 sqft
    Year built: 1927
    Parking spots: 3
    Days on market: 78
  20. 3 beds, 3 full baths
    Home size: 3,196 sq ft
    Lot size: 3,000 sqft
    Year built: 1965
    Parking spots: 2
    Days on market: 78
  21. 4 beds, 3 full, 1 part baths
    Home size: 3,500 sq ft
    Lot size: 3,735 sqft
    Year built: 1927
    Parking spots: 6
    Days on market: 80
  22. 3 beds, 2 full, 1 part baths
    Home size: 2,061 sq ft
    Lot size: 2,741 sqft
    Year built: 1962
    Parking spots: 4
    Days on market: 85
  23. 3 beds, 3 full baths
    Home size: 2,415 sq ft
    Lot size: 2,450 sqft
    Year built: 1973
    Parking spots: 4
    Days on market: 87
  24. 5 beds, 3 full, 2 part baths
    Home size: 3,200 sq ft
    Lot size: 2,100 sqft
    Year built: 2000
    Parking spots: 4
    Days on market: 113
  25. 0 beds, 1 part bath
    Lot size: 2,700 sqft
    Year built: 1953
    Parking spots: 12
    Days on market: 129
  26. 5 beds, 2 full, 3 part baths
    Home size: 2,842 sq ft
    Lot size: 5,730 sqft
    Year built: 1946
    Parking spots: 3
    Days on market: 129
  27. 4 beds, 4 full, 1 part baths
    Home size: 3,200 sq ft
    Lot size: 2,940 sqft
    Year built: 2012
    Parking spots: 4
    Days on market: 157
  28. 2 beds, 2 full baths
    Home size: 1,493 sq ft
    Year built: 1963
    Parking spots: 4
    Days on market: 176
  29. 3 beds, 3 full, 1 part baths
    Home size: 3,500 sq ft
    Lot size: 3,280 sqft
    Year built: 2002
    Parking spots: 4
    Days on market: 289
  30. 3 beds, 1 full bath
    Year built: 1910
    Parking spots: 2
    Days on market: 337
  31. 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: 464
  32. 5 beds, 4 full, 1 part baths
    Home size: 5,500 sq ft
    Year built: 1951
    Parking spots: 4
    Days on market: 800
  33. 3 beds, 4 full baths
    Home size: 2,500 sq ft
    Lot size: 4,800 sqft
    Year built: 1985
    Parking spots: 12
    Days on market: 1,045
  34. 7 beds, 3 full, 1 part baths
    Home size: 3,821 sq ft
    Lot size: 8,520 sqft
    Year built: 1963
    Parking spots: 6
    Days on market: 1,052

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

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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