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

Balboa Peninsula Point

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 ocean front homes as well in this area. The homes that are ocean front are right on the beach, and there is no boardwalk in front of these homes.

peninsula point in newport beach

Balboa Peninsula Point has a community association and the name of the association is the Balboa Peninsula Point.

Currently, Balboa Peninsula Point in Newport Beach has  29 active listings, 2 in back up status, and there were 2 sales in the month of April, 2012.

Balboa Peninsula Point market report

Listings are down -2 since March, 2012
Back Up is up +1 since March, 2012
Pending is 0 since March, 2012
Solds are up +1 from March, 2012

The average sales price for the past one year is $3,087,727 with an average price per square foot of $841.08.

The absorption rate in Balboa Peninsula Point shows 15 months for a three month trend.

Balboa Peninsula point market absorption rate

View Balboa Peninsula in Newport Beach past month’s market reports.

March, 2012 Market Report
February, 2012 Market Report
January, 2012 Market Report

Regarding the 22 sales for the past year, one was an REO or bank owned property, and there was one probate. All the other sales were standard sales.

The absorption rate in Balboa Peninsula Point remains just at a year of inventory for a three month trend, and the trend goes higher for six and 12 months.

Search the MLS for Balboa Peninsula Point homes for sale in Newport Beach, and Peninsula Point real estate. Search for Balboa Peninsula Point real estate and homes for sale on Peninsula Point in Newport Beach.

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