Balboa Peninsula in Newport Beach is a beautiful area with bayfront as well as oceanfront homes. People live in this area for the lifestyle, as it is very easy to either walk to your destination or to ride your bike to your Peninsula location. Enjoy shopping and dining on the Balboa Peninsula in Newport Beach.
There is a 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 77 active listings on the ch. That includes both condos and single family homes. Only one of the active listings is a short sale, all the others are standard sales. Since November 1, 2011 there have been 2 sales on the Peninsula.
Listings are up +5 since October, 2011
Back up are down -1 since October, 2011
Pending are the same since October, 2011
Sales are the same since October, 2011
The one-month absorption rate shows 38.5 months. One month is not generally a trend, however, the Balboa Peninsula has been selling between two and five homes per month. Real estate is cyclical also, and the number of sales may be decreasing because of the holiday season.
Search the MLS for homes for sale on the Balboa Peninsula.