Balboa Peninsula Point in Newport Beach | Balboa Peninsula Point Homes for Sale
Market update for November, 2014 Balboa Peninsula Point is located in a highly desirable Newport Beach area. The area of Balboa Peninsula Point encompasses the homes located from A Street to the end of the Balboa Peninsula.
Balboa Peninsula Point is located on Balboa Peninsula Point are both bay front homes and ocean front homes. The Wedge is also located on the Balboa Peninsula.As a result of the direction it faces with the jetty (entrance to Newport Harbor), the waves can be enormous, and truly only meant for the experience body boarders, surfers, and body surfers.
Currently, Balboa Peninsula Point in Newport Beach has the following:
- 13 active listings
- 2 in back up status
- 1 in pending status
- 2 sales in the month of November, 2014
Sales stats for month of July, 2014 as follows:
- Average sales price for the past one year is $3,527,596
- Average price per square foot of $1,296.19
- Median price was $3,050,000
- Median price per square foot of $1,221.96
The absorption rate in Balboa Peninsula Point is as follows and is trending towards a stable to a seller’s market.
Search the MLS for Newport Beach homes for sale, and homes for sale on Peninsula Point.