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

Balboa Peninsula Point

Balboa Peninsula Point in Newport Beach is located on the Balboa PeninsulaBalboa Peninsula Point in Newport Beach is a highly sought after community. Balboa Peninsula Point encompasses the homes from A Street to the end of the Balboa Peninsula. On Balboa Peninsula Point, 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

Currently, Balboa Peninsula Point in Newport Beach has  26 active listings, 2 in back up status, one in pending status,  and there were 2 sales in the month of May. 2012.

Active 26
Back Up 2
Pending 1
Sold 0

Listings are down -3 since April, 2012
Back Up is the same since April, 2012
Pending is up +1 since April, 2012
Solds are down -2 from April, 2012

The average sales price for the past one year is $3,374,613 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.

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

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

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.

Absorption Rate, May, 2012
Balboa Peninsula Point Market Update

Information Deemed Reliable but not Guaranteed

Courtesy of www.NewportBeachRealEstateCafe.com

Info taken from CRMLS

Do Not Use Without Permission

 

 1

Month

3Months  6Months 

12

Months 

Listings 26 26 26 26
Sold  0 7  12  22
AverageSold/Mo 0 2  2  2
Month’s Inventory 4.0 11.1 13.0 14.2

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.

[idx-listings linkid=”122691″ count=”50″ showlargerphotos=”true”]

Leave a Comment

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.