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 reside in this area for the lifestyle. Enjoy shopping and dining on the Balboa Peninsula in Newport Beach. It is a lifestyle.
Currently, there are 26 active listings on Balboa Peninsula in Newport Beach, 6 in back up status, 0 pending, and a total of 2 sales during the month of September, 2012. Active listings have declined and are now at 26.
The average price of homes that sold during the month of October, 2012 is $2,320,062 with an average price per square foot of $804.02 (up from prior month). Sales price of homes sold also includes Balboa Peninsula Point which do have a higher average sales price.
26 Active listings compared to 29 in October, 2012 -down -3
6 Back up listing compared to 7 in October, 2012 – down -1
0 Pending sales compared to 0 in October, 2012 – the same
2 Sales compared to 3 in October, 2012, down -1
Past months market reports
The absorption rate remains is trending towards a sellers/stable market on Balboa Peninsula in Newport Beach.
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