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Balboa Peninsula Point Homes for Sale | Market Report | June, 2012

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.

Currently, Balboa Peninsula Point in Newport Beach has  19 active listings, 4 in back up status, 2 in pending status, and there were 2 sales in the month of June, 2012.

Active 19
Back Up 4
Pending 2
Sold 2

Listings are down -6 since May, 2012
Back Up is +2 since May, 2012
Pending is up +1 since May, 2012
Solds are up +2 from May, 2012

The average sales price for the past one year is $3,095,500 with an average price per square foot of $859.84

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

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

The absorption rate in Balboa Peninsula Point continues to go down each month. 

Absorption Rate, June, 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

3

Months 

6

Months 

12

Months 

Listings 19 19 19 19
Sold  2 4  9  20
AverageSold/Mo 2 1  2  2
Month's Inventory 9.5 14.3 12.7 9.5

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.

Originally posted at NewportBeachRealEstateCafe.com

Comment balloon 4 commentsSharon Paxson • July 28 2012 01:49PM
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