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.

See all Balboa Peninsula Homes for Sale.
(all data current as of 4/16/2014)

  1. 4 beds, 4 full, 1 part baths
    Home size: 3,000 sq ft
    Lot size: 2,400 sqft
    Year built: 2014
    Parking spots: 4
    Days on market: 3
  2. 4 beds, 1 full bath
    Home size: 4,400 sq ft
    Lot size: 5,000 sqft
    Year built: 1946
    Parking spots: 8
    Days on market: 3
  3. 3 beds, 1 full, 2 part baths
    Home size: 2,987 sq ft
    Lot size: 3,200 sqft
    Year built: 1933
    Parking spots: 6
    Days on market: 6
  4. 3 beds, 2 full, 1 part baths
    Home size: 1,681 sq ft
    Lot size: 3,100 sqft
    Year built: 2014
    Parking spots: 3
    Days on market: 8
  5. 2 beds, 3 full, 1 part baths
    Home size: 2,352 sq ft
    Lot size: 2,100 sqft
    Year built: 2011
    Parking spots: 4
    Days on market: 8
  6. 3 beds, 3 full, 1 part baths
    Home size: 1,842 sq ft
    Lot size: 3,100 sqft
    Year built: 2014
    Parking spots: 3
    Days on market: 8
  7. 2 beds, 2 full baths
    Home size: 1,246 sq ft
    Lot size: 2,178 sqft
    Year built: 1945
    Parking spots: 4
    Days on market: 10
  8. 2 beds, 3 full baths
    Home size: 1,864 sq ft
    Year built: 1973
    Parking spots: 4
    Days on market: 11
  9. 3 beds, 3 full, 1 part baths
    Home size: 1,575 sq ft
    Lot size: 1,742 sqft
    Year built: 1981
    Parking spots: 4
    Days on market: 13
  10. 5 beds, 1 full, 1 part baths
    Home size: 2,213 sq ft
    Lot size: 3,485 sqft
    Year built: 1924
    Parking spots: 4
    Days on market: 13
  11. 4 beds, 2 full, 3 part baths
    Home size: 2,846 sq ft
    Lot size: 3,360 sqft
    Year built: 2008
    Parking spots: 4
    Days on market: 15
  12. 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: 17
  13. 5 beds, 5 full, 1 part baths
    Home size: 3,257 sq ft
    Lot size: 6,441 sqft
    Year built: 1976
    Parking spots: 4
    Days on market: 22
  14. 3 beds, 3 full, 1 part baths
    Home size: 2,400 sq ft
    Lot size: 2,178 sqft
    Year built: 2006
    Parking spots: 4
    Days on market: 27
  15. 7 beds, 5 full baths
    Home size: 3,030 sq ft
    Lot size: 7,841 sqft
    Year built: 1955
    Parking spots: 4
    Days on market: 30
  16. 4 beds, 2 full baths
    Home size: 2,572 sq ft
    Lot size: 7,452 sqft
    Year built: 1920
    Parking spots: 7
    Days on market: 44
  17. 3 beds, 2 full, 1 part baths
    Home size: 2,000 sq ft
    Lot size: 2,000 sqft
    Year built: 1986
    Parking spots: 4
    Days on market: 44
  18. 4 beds, 1 full, 3 part baths
    Home size: 2,600 sq ft
    Lot size: 1,742 sqft
    Year built: 1955
    Parking spots: 3
    Days on market: 44
  19. 3 beds, 5 full, 1 part baths
    Home size: 2,912 sq ft
    Lot size: 2,178 sqft
    Year built: 2014
    Parking spots: 4
    Days on market: 50
  20. 6 beds, 4 full baths
    Home size: 2,576 sq ft
    Lot size: 3,049 sqft
    Year built: 1978
    Parking spots: 8
    Days on market: 71
  21. 4 beds, 2 full baths
    Home size: 1,800 sq ft
    Lot size: 2,614 sqft
    Year built: 1914
    Parking spots: 4
    Days on market: 75
  22. 4 beds, 4 full, 1 part baths
    Home size: 2,963 sq ft
    Lot size: 3,049 sqft
    Year built: 2014
    Parking spots: 6
    Days on market: 93
  23. 5 beds, 4 full baths
    Home size: 1,938 sq ft
    Lot size: 1,875 sqft
    Year built: 1971
    Parking spots: 4
    Days on market: 127
  24. 5 beds, 5 full baths
    Home size: 3,200 sq ft
    Lot size: 2,178 sqft
    Year built: 2000
    Parking spots: 4
    Days on market: 133
  25. 3 beds, 2 full, 1 part baths
    Home size: 3,200 sq ft
    Lot size: 3,200 sqft
    Year built: 1951
    Parking spots: 4
    Days on market: 157
  26. 4 beds, 5 full, 1 part baths
    Home size: 5,314 sq ft
    Lot size: 3,200 sqft
    Year built: 2005
    Parking spots: 6
    Days on market: 160
  27. 3 beds, 1 full bath
    Home size: 850 sq ft
    Lot size: 2,000 sqft
    Year built: 1910
    Parking spots: 2
    Days on market: 183
  28. 4 beds, 2 full, 1 part baths
    Home size: 2,213 sq ft
    Lot size: 2,614 sqft
    Year built: 2013
    Parking spots: 4
    Days on market: 210
  29. 4 beds, 4 full baths
    Home size: 3,500 sq ft
    Lot size: 3,400 sqft
    Year built: 1990
    Parking spots: 6
    Days on market: 219
  30. 3 beds, 2 full baths
    Home size: 1,662 sq ft
    Lot size: 3,060 sqft
    Year built: 1935
    Parking spots: 2
    Days on market: 240
  31. 4 beds, 3 full baths
    Home size: 2,834 sq ft
    Lot size: 3,920 sqft
    Year built: 1969
    Parking spots: 6
    Days on market: 281
  32. 4 beds, 2 full, 2 part baths
    Home size: 2,900 sq ft
    Lot size: 2,614 sqft
    Year built: 2006
    Parking spots: 4
    Days on market: 317
  33. 5 beds, 2 full, 2 part baths
    Home size: 2,600 sq ft
    Lot size: 3,049 sqft
    Year built: 1976
    Parking spots: 8
    Days on market: 323
  34. 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: 343
  35. 4 beds, 5 full, 1 part baths
    Home size: 2,608 sq ft
    Lot size: 3,522 sqft
    Year built: 1977
    Parking spots: 4
    Days on market: 387

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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