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

by Sharon Paxson on July 15, 2012 · 0 comments

Balboa Peninsula Homes for Sale | Balboa Peninsula in Newport Beach

Balboa Peninsula  is a beautiful 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 71 active listings on Balboa Peninsula in Newport Beach, 11 in back up status, 6 pending, and a total of 3 sales during the month of June, 2012.

The average price of homes that sold during the month of  June, 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.

Newport Beach Balboa Peninsula

The average price of homes sold the past year on the Balboa Peninsula is $2,505,088 with a price per square foot of $766.96.

71 Active listings compared to 70 in May,  2012 –  up +1
11 Back up listing compared to 6 in May, 2012 – up+5
6 Pending sale compared to 3 in May, 2012 up +3
3 Sales compared to 5 in May, 2012,  down -2

Past months market reports
May, 2012
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.

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

Absorption Rate, June, 2012
Balboa Peninsula Market Update

Information Deemed Reliable but not Guaranteed

Courtesy of www.NewportBeachRealEstateCafe.com

Info taken from CRMLS

Do Not Use Without Permission

 

 One

Month

ThreeMonths  SixMonths 

Twelve

Months 

Listings 71 71 71 71
Sold 3 17 28 47
AverageSold/Mo 3 6 5 4
Month’s Inventory 23.7 12.5 15.2 18.1

Showing properties 1 - 34 of 34. See more Balboa Peninsula Homes for Sale.
(all data current as of 5/20/2013)

  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: 3
  2. 1 bed, 1 full bath
    Home size: 684 sq ft
    Lot size: 2,178 sqft
    Year built: 1920
    Parking spots: 2
    Days on market: 7
  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: 7
  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: 12
  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: 13
  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: 15
  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: 17
  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: 20
  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: 21
  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: 23
  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: 39
  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: 39
  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: 42
  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: 50
  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: 55
  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: 56
  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: 56
  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: 60
  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: 75
  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: 75
  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: 77
  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: 82
  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: 84
  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: 110
  25. 0 beds, 1 part bath
    Lot size: 2,700 sqft
    Year built: 1953
    Parking spots: 12
    Days on market: 126
  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: 126
  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: 154
  28. 2 beds, 2 full baths
    Home size: 1,493 sq ft
    Year built: 1963
    Parking spots: 4
    Days on market: 173
  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: 286
  30. 3 beds, 1 full bath
    Year built: 1910
    Parking spots: 2
    Days on market: 334
  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: 461
  32. 5 beds, 4 full, 1 part baths
    Home size: 5,500 sq ft
    Year built: 1951
    Parking spots: 4
    Days on market: 797
  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: 1,042
  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: 1,049

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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