Balboa Peninsula Point in Newport Beach | Market Update |February, 2012

Homes for Sale on Balboa Peninsula Point in Newport Beach | Balboa Peninsula Point Homes for Sale

Balboa Peninsula Point is located at the end of the Balboa Peninsula in Newport Beach. Balboa Peninsula Point in Newport Beach is a highly sought after community. This area of Newport Beach truly represents the beach lifestyle. Balboa Peninsula Point encompasses the homes from A Street to the end of the Balboa Peninsula. There are bay view homes and oceanfront homes as well in this area.

Balboa Peninsula Point has a community association and it is optional to be a member. The name of the association is the Balboa Peninsula Point Association. The association hosts a few events per year including the Fourth of July parades, Easter egg hunt, and Tuesday evening meetups on the bayside of the beach.

Balboa Peninsula Point in Newport Beach currently has 26 active listings (down -2 from last month), 2 are pending and there were four sales in February 2012.

Active listing price per square foot – $1123.96
Pending price per square foot – $$904.40
Sale price per square foot – $1314.77

The average price of homes sold in February 2012 is $4,237,500

The absorption rate in Balboa Peninsula Point remains just under a year of inventory for a three-month trend.

Search the MLS for Balboa Peninsula Point homes for sale.

 

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ABOUT ME

Sharon Paxson is a full-time REALTOR® with Compass 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: 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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