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Balboa Peninsula Market Update – Newport Beach Real Estate

Balboa Peninsula Market Update – Newport Beach Real Estate

Balboa Peninsula in Newport Beach  is a beautiful area with bay front as well as ocean front homes. There are both Newport Beach condos for sale, and  Newport Beach single family homes as well. The Balboa Peninsula in Newport Beach is a great place a highly sought after area to reside in Newport Beach.  People live in this area for the lifestyle, as it is very easy to either walk to your destination, or to ride your bike. There is shopping and dining on the Balboa Peninsula in Newport Beach.

Balboa Peninsula boardwalk

There is a brand new Pavillion’s grocery store at 32nd Street, in Newport Beach, and several fantastic restaurants including El Ranchito, and Ho Sum Bistro just to name a few. If you are looking for more upscale dining, then you might consider Ocean Front 21 located by the Newport Beach Pier.

The Balboa Peninsula is home to the Pavillion in Newport Beach.

Balboa Peninsula

Currently, there are 70 active listings on the Balboa Peninsula in Newport Beach. That includes both condos and single family homes. 57 of those active listings are single family homes, and 13 are condos which are available for sale. They are all standard sales. Since July 1, 2011 there have been 15 sales on the Balboa Peninsula in Newport Beach.

The market absorption on the Balboa Peninsula is currently at 11.7 months.

There are similarly priced condos and single-family homes. Even though there are fewer condos for sale, they still compete with the similar size single-family homes. Additionally, all these properties are standard sales. Search the MLS for homes for sale on the Balboa Peninsula.

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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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