Balboa Peninsula Point | Newport Beach | Market Update | May, 2012

by Sharon Paxson on June 18, 2012 · 0 comments

Homes for Sale on Balboa Peninsula Point in Newport Beach | Balboa Peninsula Point Homes for Sale

Balboa Peninsula Point

Balboa Peninsula Point in Newport Beach is located on the Balboa PeninsulaBalboa Peninsula Point in Newport Beach is a highly sought after community. Balboa Peninsula Point encompasses the homes from A Street to the end of the Balboa Peninsula. On Balboa Peninsula Point, there are bay view homes and ocean front homes as well in this area. The homes that are ocean front are right on the beach, and there is no boardwalk in front of these homes.

peninsula point in newport beach

Currently, Balboa Peninsula Point in Newport Beach has  26 active listings, 2 in back up status, one in pending status,  and there were 2 sales in the month of May. 2012.

Active 26
Back Up 2
Pending 1
Sold 0

Listings are down -3 since April, 2012
Back Up is the same since April, 2012
Pending is up +1 since April, 2012
Solds are down -2 from April, 2012

The average sales price for the past one year is $3,374,613 with an average price per square foot of $841.08.

The absorption rate in Balboa Peninsula Point shows 15 months for a three month trend.

View Balboa Peninsula Point in Newport Beach past month’s market reports.

April, 2012 Market Report
March, 2012 Market Report
February, 2012 Market Report
January, 2012 Market Report

The absorption rate in Balboa Peninsula Point remains just at a year of inventory for a three month trend, and the trend goes higher for six and 12 months.

Absorption Rate, May, 2012
Balboa Peninsula Point Market Update

Information Deemed Reliable but not Guaranteed

Courtesy of www.NewportBeachRealEstateCafe.com

Info taken from CRMLS

Do Not Use Without Permission

 

 1

Month

3Months  6Months 

12

Months 

Listings 26 26 26 26
Sold  0 7  12  22
AverageSold/Mo 0 2  2  2
Month’s Inventory 4.0 11.1 13.0 14.2

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

Showing properties 1 - 20 of 20. See more Peninsula Point Homes for Sale in Newport Beach.
(all data current as of 5/21/2013)

  1. 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: 8
  2. 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: 13
  3. 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: 14
  4. 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: 16
  5. 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: 21
  6. 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: 40
  7. 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: 43
  8. 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: 51
  9. 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: 56
  10. 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: 57
  11. 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: 61
  12. 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: 76
  13. 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: 76
  14. 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: 85
  15. 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: 127
  16. 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: 155
  17. 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: 287
  18. 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: 462
  19. 5 beds, 4 full, 1 part baths
    Home size: 5,500 sq ft
    Year built: 1951
    Parking spots: 4
    Days on market: 798
  20. 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: 1,050

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

More Posts - Website - Twitter - Facebook - LinkedIn - Pinterest - Google Plus

Leave a Comment

Please type the characters of this captcha image in the input box

Please type the characters of this captcha image in the input box

CommentLuv badge

Previous post:

Next post: