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Balboa Peninsula Homes for Sale & Market Update

Balboa Peninsula Homes for Sale & Market Update

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Balboa Peninsula in Newport Beach | Market Update | April, 2014

Balboa Peninsula  is a very desirable area in Newport Beach. The Balboa Peninsula offers diverse living with condos and single family homes. There are bay front homes, ocean front homes and there are both condos and single family homes for sale. Consider living in a Balboa Peninsula condo, Newport Beach oceanfront home or even consider living on the bay front.

Currently, there are 35 active listings on Balboa Peninsula in Newport Beach, 4 in back up status, 6 pending, and a total of 6 sales during the month of April, 2014.

  • Average price for the past one year was $2,671,302
  • Average price per square foot of $1,058.65
  • Median price was $2,150,000
  • Median price per square foot of $920.00

Compare the 2014 data to April, 2013 below:

  • Average home sale price for the past one year is $2,178,120
  • Average price per square foot of $880.99
  • Median price is $1,460,000
  • Median price per square foot of $730.77

The average and median prices have increased since last year.

 

 

Balboa Peninsula in Newport Beach

The absorption rate is trending towards a stable market.

Search the MLS for homes for sale on the Balboa Peninsula in Newport Beach.

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2 thoughts on “Balboa Peninsula Homes for Sale & Market Update”

  1. Avatar of Larry Brewer
    Larry Brewer

    If I were a buyers agent in Newport beach, I would be looking for air conditioning right now. Here it’s 70 degrees and raining, I’m sure you could use some of that

    Reply

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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: 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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