Balboa Peninsula Homes for Sale | Balboa Peninsula in Newport Beach
Balboa Peninsula is a highly sought after area in Newport Beach with ocean front and bay 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 very desirable place to reside in Newport Beach. The residents on the Balboa Peninsula live in this area for the lifestyle. 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.
Currently, there are 70 active listings on Balboa Peninsula in Newport Beach, 6 in back up status, 3 pending, and a total of 5 sales during the month of May, 2012.
The average price of homes that sold during the month of May, 2012 is $3,393,400 with an average price per square foot of $1,070.02. Sales price from last month is up. Sales price of homes sold also includes Balboa Peninsula Point which do have a higher average sales price.
The average price of homes sold the past year on the Balboa Peninsula is $2,520,887 with a price per square foot of $766.64.
70 Active listings compared to 70 in April, 2012 – the same
13 Back up listing compared to 7 in April, 2012 – up+6
6 Pending sale compared to 3 in April, 2012 up +3
5 Sales compared to 8 in April, 2012, down -3
Past months market reports
April, 2012
March, 2012
February, 2012
January, 2012
December, 2011
November, 2011
October, 2011
September, 2011
The absorption rate remains high on Balboa Peninsula in Newport Beach, however it is trending down from last month. Homes are selling. Six months ago, the market absorption rate for November, 2011 was 17.8 months for a 3 month average. Now it is down to 8.4 for three months.
| Absorption Rate, May, 2012 | ||||
| Balboa Peninsula Market Update | ||||
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Information Deemed Reliable but not Guaranteed Courtesy of www.NewportBeachRealEstateCafe.com Info taken from CRMLS Do Not Use Without Permission |
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One Month |
Three
Months |
Six
Months |
Twelve Months |
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| Listings | 70 | 70 | 70 | 70 |
| Sold | 5 | 25 | 30 | 52 |
| AverageSold/Mo | 5 | 8 | 5 | 4 |
| Month’s Inventory | 14.0 | 8.4 | 14.0 | 16.2 |
Showing properties
1 - 34 of 34.
See more Balboa Peninsula Homes for Sale.
(all data current as of
5/20/2013)
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$3,395,000 : 2202 West Oceanfront, Newport Beach5 beds, 3 full baths
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$1,150,000 : 120 East Balboa Boulevard, Newport Beach1 bed, 1 full bath
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$3,759,000 : 1711 East Ocean Boulevard, Newport Beach4 beds, 2 full, 3 part baths
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$17,900,000 : 2210 Channel Road, Newport Beach6 beds, 4 full, 4 part baths
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$3,995,000 : 1565 East Ocean Boulevard, Newport Beach5 beds, 4 full baths
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$8,750,000 : 1700 East Oceanfront, Newport Beach3 beds, 1 full, 2 part baths
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$2,799,000 : 1111 W Balboa Boulevard, Newport Beach4 beds, 4 full baths
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$5,245,000 : 1570 East Oceanfront, Newport Beach3 beds, 2 full, 1 part baths
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$950,000 : 607 East Balboa Boulevard #A, Newport Beach2 beds, 2 full, 1 part baths
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$1,188,000 : 1817 A West Bay Avenue #3, Newport Beach2 beds, 2 full, 1 part baths
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$6,750,000 : 2242 Channel Road, Newport Beach4 beds, 3 full, 2 part baths
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$4,695,000 : 5305 Seashore Drive, Newport Beach5 beds, 4 full baths
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$4,595,000 : 1730 East Oceanfront, Newport Beach3 beds, 1 full, 1 part baths
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$4,950,000 : 1124 East Balboa, Newport Beach3 beds, 1 full, 3 part baths
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$1,799,995 : 1501 East Balboa Boulevard #1, Newport Beach5 beds, 1 full, 3 part baths
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$2,550,000 : 1738 East Ocean Boulevard, Newport Beach3 beds, 3 full baths
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$4,895,000 : 1022 East Balboa Boulevard, Newport Beach4 beds, 5 full, 1 part baths
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$1,850,000 : 2126 Miramar Drive, Newport Beach3 beds, 1 full, 2 part baths
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$1,995,000 : 1536 East Ocean Boulevard, Newport Beach4 beds, 3 full baths
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$1,850,000 : 1911 East Balboa Boulevard, Newport Beach3 beds, 3 full baths
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$6,199,000 : 1216 West Oceanfront, Newport Beach4 beds, 3 full, 1 part baths
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$1,725,000 : 1323 West Bay Avenue, Newport Beach3 beds, 2 full, 1 part baths
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$2,395,000 : 1525 OCEAN, Newport Beach3 beds, 3 full baths
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$3,495,000 : 300 Bay Avenue, Newport Beach5 beds, 3 full, 2 part baths
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$1,195,000 : 1414 E BALBOA Boulevard, Newport Beach0 beds, 1 part bath
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$3,995,000 : 1415 E BAY Avenue, Newport Beach5 beds, 2 full, 3 part baths
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$3,650,000 : 2101 SEVILLE, Newport Beach4 beds, 4 full, 1 part baths
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$1,995,000 : 310 FERNANDO Street #410, Newport Beach2 beds, 2 full baths
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$9,295,000 : 2144 East OCEANFRONT, Newport Beach3 beds, 3 full, 1 part baths
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$2,699,000 : 1910 West OCEANFRONT, Newport Beach3 beds, 1 full bath
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$11,500,000 : 1709 E Bay AVE, Newport Beach5 beds, 5 full, 2 part baths
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$9,900,000 : 1509 East BAY Avenue, Newport Beach5 beds, 4 full, 1 part baths
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$6,495,000 : 1115 East BALBOA Boulevard, Newport Beach3 beds, 4 full baths
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$7,650,000 : 1114 East BALBOA Boulevard, Newport Beach7 beds, 3 full, 1 part baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.




