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Peninsula Point Newport Beach Market Update July 2012

Peninsula Point Newport Beach Market Update July 2012

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

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 sold 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.

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.

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.

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ABOUT ME

Sharon Paxson is a full-time REALTOR® with EQTY | Forbes Global Properties and has been specializing in residential real estate throughout the Newport Beach area since 2005 assisting Buyer’s, Seller’s, Landlords, and Tenants with their real estate needs.

If you are thinking about buying, selling or renting your home, condo or other Real Estate in the following areas including Newport Beach, Newport Coast, Corona del Mar, Huntington Beach there are thousands of Realtors to choose from. However, it doesn't cost you any more to work with a top Newport Beach CA Realtor. We welcome the opportunity to show you how we get outstanding real estate results with specific and targeted marketing. If you are looking for a top real estate agent who will make a difference you have come to the right place. Use this real estate website to learn about communities and homes for sale.

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DISCLAIMER

DISCLAIMER: All information, photographs & content contained on this site is the property of Sharon Paxson. You must obtain written permission from Sharon Paxson if you would like to use any of this content contained herein. Opinions expressed are those of Sharon Paxson and may not necessarily be opinions of past and present brokers. Articles may be time and date sensitive. All statistical information utilized to create market reports has been obtained from the CRMLS. Information Deemed Reliable but not Guaranteed.

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