Homes for Sale on Balboa Peninsula Point in Newport Beach | Balboa Peninsula Point Homes for Sale
Balboa Peninsula Point in Newport Beach is located on the Balboa Peninsula. Balboa 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 oceanfront homes as well in this area. The homes that are oceanfront are right on the beach, and there is no boardwalk in front of these homes.
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.
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 |
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1 Month |
3
Months |
6
Months |
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.