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 Balboa Peninsula location. It is an environment to enjoy shopping and dining on the Balboa Peninsula in Newport Beach. Currently, there are 51 active listings on Balboa Peninsula in Newport Beach, 14 in back up status, 0 pending, and a total of 8 sales during the month of October, 2012. Active listings have increased this past month and are at 51. The average price of homes that sold during the month of October, 2012 is $2,362,996 with an average price per square foot of $789.04. 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. 51 Active listings compared to 29 in September, 2012 – up +22 14 Back up listing compared to 7 in September, 2012 – up +7 0 Pending sales compared to 0 in September, 2012 – the same 8 Sales compared to 3 in September 2012, up +5 Past months market reports October, 2012 September, 2012 August, 2012 July, 2012 June, 2012 May, 2012 April, 2012 March, 2012 February, 2012 January, 2012 December, 2011 November, 2011 October, 2011 September, 2011 The absorption rate remains is trending towards a stable market on Balboa Peninsula in Newport Beach.
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