Homes for Sale on Balboa Peninsula and Market Report | May, 2015
Balboa Peninsula is a very desirable Newport Beach location and is the ultimate in the beach style living. Balboa Peninsula in Newport Beach offers mixed use property, condos, bay front homes, ocean front homes, condos, and condos with boat slips.
The Balboa Peninsula has shopping and dining also.
Currently there are 13 active listings, 3 in back up, 2 in pending and there were 6 sales in May, 2015.
The average sales price was $2,331,626 with a price per square foot of $1,091.10, and the median price of $1,750,000 and the median price per square foot of $918.48.
The market is trending towards a seller’s market.