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Balboa Peninsula Market Update | May, 2012

Balboa Peninsula Market Update | May, 2012

Balboa Peninsula Homes for Sale | Balboa Peninsula in Newport Beach

Balboa Peninsula is a highly sought after area in Newport Beach with ocean front and bay front homes and condos for sale. There are both Newport Beach condos for sale, and  Newport Beach single family homes as well. The Balboa Peninsula in Newport Beach is a very desirable place to reside in Newport Beach.  The residents on the Balboa Peninsula live in this area for the lifestyle. 

Currently, there are 70 active listings on Balboa Peninsula in Newport Beach, 6 in back up status, 3 pending, and a total of 5 sales during the month of May 2012.

The average price of homes that sold during the month of May 2012 is $3,393,400 with an average price per square foot of $1,070.02. Sales price from last month is up. The sales price of homes sold also includes Balboa Peninsula Point which does have a higher average sales price.

The average price of homes sold the past year on the Balboa Peninsula is $2,520,887 with a price per square foot of $766.64.

70 Active listings compared to 70 in April 2012 – the same
13 Back up listing compared to 7 in April 2012 – up+6
6 Pending sale compared to 3 in April 2012 up +3
5 Sales compared to 8 in April 2012, down -3

Search the MLS for homes for sale on the Balboa Peninsula.

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ABOUT ME

Sharon Paxson is a full-time REALTOR® with EQTY | Forbes Global Properties 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

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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