Balboa Peninsula Point in Newport Beach
Market update for December, 2013
Balboa Peninsula Point is located in a highly desirable community in Newport Beach on the Balboa Peninsula. Balboa. Balboa Peninsula Point encompasses the homes from A Street to the end of the Balboa Peninsula. Located at Balboa Peninsula Point are bay front homes, and ocean front homes.
Balboa Peninsula Point is home to the famous Wedge. Due the direction it faces with the jetty, with a certain swell, the waves can be enormous, and truly only meant for the experience body boarder, surfer, and body surfer.
Currently, Balboa Peninsula Point in Newport Beach has 17 active listings, 2 in back up status, 0 in pending status, and there were 2 sales in the month of December 2013.
The average sales price for the past year is $2,607,738 with an average price per square foot of $1,140.55. The median price was $1,195,000 and a price per square foot of $1021.51.
The absorption rate in Balboa Peninsula Point is as follows:
Search for Balboa Peninsula Point real estate and homes for sale on Peninsula Point in Newport Beach.
