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

by Sharon Paxson on August 29, 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 35 active listings on Balboa Peninsula in Newport Beach, 4 in back up status, 3 pending, and a total of 7 sales during the month of July, 2012. Active listings have declined and are now at 35.

The average price of homes that sold during the month of July, 2012 is $1,801,607 with an average price per square foot of $888.23. Sales price from last month is down. 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.

35 Active listings compared to 71 in June, 2012 -down -36
6 Back up listing compared to 11 in June, 2012 – down -5
3 Pending sale compared to 6 in June, 2012 down -3
7 Sales compared to 3 in June, 2012, up +4

Past months market reports
June, 2012
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, and the inventory is declining.

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 11/26/2014)

  1. 4 beds, 3 full, 1 part baths
    Home size: 2,800 sq ft
    Lot size: 2,400 sqft
  2. 3 beds, 2 full, 1 part baths
    Home size: 1,681 sq ft
    Lot size: 3,049 sqft
  3. 3 beds, 3 full, 1 part baths
    Home size: 1,842 sq ft
    Lot size: 3,049 sqft
  4. 4 beds, 3 full baths
    Home size: 2,132 sq ft
    Lot size: 2,100 sqft
  5. 3 beds, 2 full, 1 part baths
    Home size: 3,072 sq ft
    Lot size: 2,614 sqft
  6. 4 beds, 3 full baths
    Home size: 1,800 sq ft
    Lot size: 2,400 sqft
  7. 4 beds, 3 full, 1 part baths
    Home size: 1,988 sq ft
    Lot size: 2,145 sqft
  8. 6 beds, 1 full, 3 part baths
    Home size: 2,500 sq ft
    Lot size: 2,450 sqft
  9. 3 beds, 2 full baths
    Home size: 1,800 sq ft
    Lot size: 2,178 sqft
  10. 3 beds, 3 full baths
    Home size: 2,160 sq ft
    Lot size: 2,100 sqft
  11. 2 beds, 2 full baths
    Home size: 1,246 sq ft
    Lot size: 2,178 sqft
  12. 4 beds, 3 full baths
    Home size: 2,834 sq ft
    Lot size: 3,920 sqft

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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