Balboa Peninsula in Newport Beach is a beautiful area with bayfront as well as oceanfront 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.
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.
Currently, there are 72 active listings on the Balboa Peninsula in Newport Beach. That includes both condos and single family homes. They are all standard sales. Since October 1, 2011, there have been 2 sales on the Balboa Peninsula.
Active Listings on the Balboa Peninsula are up +2 from September, 2011
Sold Listings on the Balboa Peninsula are down -4 from September, 2011
There is currently a market absorption rate of 14.4 months – which means if no other new properties are added, then it will take 14.4 months to sell the existing inventory at the current rate.
The inventory of homes has increased on the Balboa Peninsula in Newport Beach, and the sales have decreased.
Search the MLS for homes for sale on the Balboa Peninsula.
