Balboa Peninsula in Newport Beach | Market Update | January, 2013
Balboa Peninsula is a highly sought after 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. Living on the Balboa Peninsula is a lifestyle.
Currently, there are 46 active listings on Balboa Peninsula in Newport Beach, 5 in back up status, 2 pending, and a total of 4 sales during the month of January, 2013.
Average home sale price for the past one year is $825,216 with an average price per square foot of $579.70. Median price is $840,000 with a median price per square foot of $519.08.
Past months market reports
The absorption rate remains is trending towards a stable market on Balboa Peninsula in Newport Beach.
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