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Balboa Peninsula Market Update | Homes for Sale on Balboa Peninsula

Balboa Peninsula Market Update | Homes for Sale on Balboa Peninsula

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Balboa Peninsula in Newport Beach | Market Update | October, 2013

Balboa Peninsula is a highly sought-after area in Newport Beach. The Balboa Peninsula is diverse and offers different styles of homes. There are bayfront homes, oceanfront homes and there are both condos and single-family homes for sale. Consider living in a Balboa Peninsula condo, Newport Beach oceanfront home or even consider living on the bayfront.

Currently, there are 36 active listings on Balboa Peninsula in Newport Beach, 6 in back up status, 2 pending, and a total of 8 sales during the month of October, 2013. Average price for the past one year was $1,308,337 and average price per square foot of $688.65. Median price was $1,310,000 and price per square foot of $640.65. Average days on market for the past one year is 165.

The absorption rate is trending towards a stable to a seller’s market.

Search the MLS for homes for sale on the Balboa Peninsula in Newport Beach.

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ABOUT ME

Sharon Paxson is a full-time REALTOR® with Coldwell Banker 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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