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

by Sharon Paxson on August 29, 2012 · 0 comments

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 coveted 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.

Currently, Balboa Peninsula Point in Newport Beach has 16 active listings, 3 in back up status, 0 in pending status, and there were 6 sales in the month of July, 2012.

There are 16 Listings compared to 19 in June, 2012 – down -3
There are 3 in Back Up compared to 4 in June, 2012 – down -1
There are 0 in Pending  compared to 2 in June, 2012 – down -2
There were 6 solds compared to 2 in June, 2012 – up +4

The average sales price for the past one year is $3,131,942 with an average price per square foot of $849.95.

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

July, 2012 Market Report
June, 2012 Market Report
May, 2012 Market Report
April, 2012 Market Report
March, 2012 Market Report
February, 2012 Market Report
January, 2012 Market Report

The absorption rate in Balboa Peninsula Point continues to go decline each month.  Balboa Peninsula Point is enjoying a stable to a seller’s market.

Balboa Peninsula Point in Newport Beach

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

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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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