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Balboa Peninsula Point Homes for Sale and Market Update | November, 2014

Balboa Peninsula Point Homes for Sale and Market Update | November, 2014

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.

 

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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

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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