All About Newport Beach

Balboa Peninsula  is a beautiful area in Newport Beach with bay front as well as ocean front homes. There are both Newport Beach condos for sale, and  Newport Beach single family homes as well. The Balboa Peninsula in Newport Beach is a great place a highly sought after area to reside in Newport Beach.  The residents on the Balboa Peninsula live in this area for the lifestyle, as it is very easy to either walk to your destination, or to ride your bike to your Peninsula location. Enjoy shopping and dining on the Balboa Peninsula in Newport Beach.

There is a brand new Pavillion’s grocery store at 32nd Street, in Newport Beach, Chipotle, and some boutique shops at 32nd Street. Also there are many restaurants including El Ranchito, and Ho Sum Bistro just to name a few. If you are looking for more upscale dining, then you might consider Ocean Front 21 located by the Newport Beach Pier.

The Balboa Peninsula is home to the Pavillion in Newport Beach.

Currently, there are 68 active listings (including condos and single family homes) on the Balboa Peninsula in Newport Beach. That includes both condos and single family homes. Only one of the active listings is a short sale, all the others are standard sales. Since December 1, 2011 there have been 2 sales on the Balboa Peninsula in Newport Beach.

Of the active listings on the Balboa Peninsula, six of the active are condos, and one of the pending sales is also a condo. All the others properties for sale are single family homes. Additionally, of all the active, back up, pending and solds, only one is a short sale, all other are listed as standard sales.

68 Active listings compared to 72 in November, 2011 -4
1 Back up listing compared to 2 in November, 2011 +1
2 Pending sales compared to 1 in November, 2011 +1
2 Sales which is the same as November, 2011

It is a positive trend to see the listings down from November, however this can be cyclical due to the holiday season. The absorption rate remains high on Balboa Peninsula in Newport Beach, where one month is generally not a trend, however the rate to absorb the inventory at the rate the homes are selling is 22 months over the past one year.

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

Balboa Peninsula in Newport Beach  is a beautiful area with bay front as well as ocean front homes. There are both Newport Beach condos for sale, and  Newport Beach single family homes as well. The Balboa Peninsula in Newport Beach is a great place a highly sought after area to reside in Newport Beach.  People live in this area for the lifestyle, as it is very easy to either walk to your destination, or to ride your bike to your Peninsula location. Enjoy shopping and dining on the Balboa Peninsula in Newport Beach.

There is a brand new Pavilion’s grocery store at 32nd Street, in Newport Beach, and several fantastic restaurants including El Ranchito, and Ho Sum Bistro just to name a few. If you are looking for more upscale dining, then you might consider Ocean Front 21 located by the Newport Beach Pier.

The Balboa Peninsula is home to the Pavillion in Newport Beach.

Currently, there are 77 active listings on the Balboa Peninsula in Newport Beach. That includes both condos and single family homes. Only one of the active listings is a short sale, all the others are standard sales. Since November 1, 2011 there have been 2 sales on the Balboa Peninsula in Newport Beach.

Listings are up +5 since October, 2011
Back up are down -1 since October, 2011
Pending are the same since October, 2011
Sales are the same since October, 2011

The one month absorption rate shows 38.5 months. One month is not generally a trend, however, the Balboa Peninsula has been selling between two and five homes per month. Real estate is cyclical also, and the number of sales may be decreasing because of the holiday season.

Search the MLS for Balboa Peninsula homes sale, and Newport Beach homes for sale.

Balboa Peninsula is a unique area of Newport Beach and offers a variety of lifestyles. There are homes that are Newport Beach ocean front homes, and Newport Beach homes with boat slips also. There are both condos for sale on the Balboa Peninsula in Newport Beach, and single family homes as well. The Balboa Peninsula is a highly sought after area.

Currently, there are 72 active listings on the Balboa Peninsula in Newport Beach. There were two sales last month. That makes for a very high absorption rate. I did some research back to 2002, to look at the trends including the median price, and number of units sold on the Balboa Peninsula. The graphic includes date from 2011, and I will update it once the year is over.

In 2011, there have been 35 sales on the Peninsula in Newport Beach. The largest number of units sold over the past 9 years was in 2003 when 85 properties were sold. The highest median price was in 2007. And it has declined, however the median price is higher in 2011 versus 2010. Also, looking at the number of units in the city of Newport Beach, it is interesting to see the trends.

The number of units that have sold in Newport Beach has declined since 2002, with 2008 being the lowest year.

It will be interesting to see how many more homes will sell before the end of the year and it 2011 will have more home sales than 2010. Buyers are taking advantage of the softened home prices, and the low interest rates.

If I can answer any questions about Newport Beach homes for sale, or trends, please contact me.

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

Originally posted at NewportBeachRealEstateCafe.com

Balboa Peninsula in Newport Beach  is a beautiful area with bay front as well as ocean front homes. There are both Newport Beach condos for sale, and  Newport Beach single family homes as well. The Balboa Peninsula in Newport Beach is a great place a highly sought after area to reside in Newport Beach.  People live in this area for the lifestyle, as it is very easy to either walk to your destination, or to ride your bike. There is shopping and dining on the Balboa Peninsula in Newport Beach.

There is a brand new Pavillion's grocery store at 32nd Street, in Newport Beach, and several fantastic restaurants including El Ranchito, and Ho Sum Bistro just to name a few. If you are looking for more upscale dining, then you might consider Ocean Front 21 located by the Newport Beach Pier. The Balboa Peninsula is home to the Pavillion in Newport Beach.

Currently, there are 72 active listings on the Balboa Peninsula in Newport Beach. That includes both condos and single family homes. They are all standard sales. Since October 1, 2011 there have been 2 sales on the Balboa Peninsula in Newport Beach. Active Listings on the Balboa Peninsula are up +2 from September, 2011 Sold Listings on the Balboa Peninsula are down -4 from September, 2011

There is currently a market absorption rateof 14.4 months - which means if no other new properties are added, then it will take 14.4 months to sell the existing inventory at the current rate.

The inventory of homes has increased on the Balboa Peninsula in Newport Beach, and the sales have decreased.

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

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We can assist buyers in all forms of Newport Beach relocation needs including new construction houses, condos, for sale by owner homes, residential lots, lofts, and new homes in various subdivisions across the Newport Beach area. If you are interested in foreclosure homes including pre-foreclosures, short sales, REO properties, bank owned properties and other types of foreclosure properties, then we can assist you.  If you’re searching for Newport Beach, CA foreclosures, then we invite you to view the listings in this or any of the Newport Beach popular communities on our site. Search the MLS by zip code in Orange County, CA.  And if you’re searching for condos for sale in the Newport Beach, feel free to browse our updated listings of Newport Beach condos for sale on our site.

Information on this page is based on information on real estate for sale in Newport Beach area per the CRMLS and is deemed reliable but, not guaranteed. Originally posted at

Newport Beach Open House | Sunday, October 30, 2011 1:30 to 4:00 pm

Come and view these beautiful Newport Beach three bedroom condos, two bathroom condos located on the Balboa Peninsula. They are in an ideal location, walking distance to the fun zone, Balboa Island ferry, the beach and bay. Enjoy dining and shopping all within walking distance of these great Newport Beach condos for sale.

The addresses are:

206 Adams Street
Newport Beach
3 bedroom, two bathroom
$795,000 - Lowest priced three bedroom condo on the Balboa Peninsula in Newport Beach

206.5  Adams Street
Newport Beach
3 bedrooms, 2 bathrooms
$995,000

Originally posted at NewportBeachRealEstateCafe.com

Are you interested in Balboa Peninsula investment property? If so, come and view these beautiful three bedroom condos located on the Balboa Peninsula. They are in an ideal location, walking distance to the fun zone, Balboa Island ferry, the beach and bay. Enjoy dining and shopping all within walking distance of these great Newport Beach condos for sale.

The addresses are:

206 Adams Street

Newport Beach
3 bedroom, two bathroom

$795,000 - Lowest priced three bedroom condo on the Balboa Peninsula in Newport Beach

206.5  Adams Street

Newport Beach
3 bedrooms, 2 bathrooms
$995,000

Both properties will lbe on Broker Preview/Open House tomorrow October 28, 2011 from 11 to 2 pm. Lunch will be served, so come on buy and see these spectacular properties.

For more information, view the property website at BalboaPeninsulaCondos.com.

Showing properties 1 - 2 of 2. See more 206 & 206.5 Adams. 
(all data current as of 10/27/2011)

1. $995,000 : 206.5 Adams St, Newport Beach
   
   3 beds, 2 full baths

   Home size: 1,580 sq ft

   Lot size: 3,000 sq ft

   Year built: 2010

   Parking spots: 4

   Days on market: 92
    
2. $795,000 : 206 Adams, Newport Beach
   
   3 beds, 2 full baths

   Home size: 1,180 sq ft

   Lot size: 3,000 sq ft

   Year built: 2010

   Parking spots: 4

   Days on market: 92
    

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Read more: http://newportbeachrealestatecafe.com/2011/10/27/balboa-peninsula-investment-property-broker-preview/#ixzz1bzv0bnu4

Investors in Newport Beach | Newport Beach Investors

Are you searching for a Newport Beach investment property? Consider 206 Adams Street in Newport Beach.  This three bedroom, two bathroom condo is ideal for a Newport Beach investor who is looking for residential investment property. This Newport Beach condo for sale features three bedrooms, and two bathrooms. This condo is the lowest priced three bedroom condo on the Peninsula in Newport Beach. It is being offered at $795,000.

This Newport Beach investment property can be utilized for summer rentals if desired.

The location of this is fantastic, as you can walk to the beach, the bay, shopping and dining.

Please contact me if you would like to view the Newport Beach investment property.

Originally posted at NewportBeachRealEstateCafe.com

This completely remodeled three bedroom, two bathroom condo located on the Balboa Peninsula in Newport Beach has just had a price reduction. This property located at 206.5 Adams Street in Newport Beach is now being offered at $995,000.

This Newport Beach condo for sale has vaulted ceilings in the living room with a fireplace. There is stunning crown molding throughout. The beautiful travertine floors are throughout this Newport Beach condo for sale.

This Balboa Peninsula condo is walking distance to the beach and the bay. Also, walking distance to the Pavillion on the Balboa Peninsula, and shopping and dining. This is located in an ideal location.

Additionally, this condo has a front balcony that does have a peek a boo bay view, and there is a large deck off the master to enjoy the Newport Beach climate.

For more information on this beautiful Newport Beach condo for sale, view the property website atBalboaPeninsulaCondos.com.

To schedule a private showing, please contact me.

Originally posted at NewportBeachRealEstateCafe.com

This beautiful three bedroom, two bathroom condo for sale in Newport Beach has just had a price adjustment to $795,000.

Located at 206 Adams Street in Newport Beach, CA on the Balboa Peninsula in Newport Beach.

This Newport Beach condo for sale has been completely upgraded. Enjoy beach living in this Newport Beach condo. Walk to the beach, bay and enjoy shopping and dining all within walking distance of this Newport Beach condo for sale.

This spectacular condo for sale in Newport Beach has a great patio to enjoy the beach climate in Newport Beach.

For more information on this beautiful Newport Beach condo for sale, please view the property website atBalboaPeninsulaCondos.com.

To schedule a private showing of this Newport Beach condo for sale, please contact me.

Originally posted at NewportBeachRealEstateCafe.com