All About Newport Beach

head_left_image

Balboa Peninsula in Newport Beach Market Update- October, 2011


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.

Balboa Peninsula boardwalk

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.

Balboa Peninsula

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


Balboa Peninsula Market Update

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.

Balboa Peninsula absorption 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.

Balboa peninsula home search

 

Return to the Newport Beach Real Estate Home Page

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

6 commentsSharon Paxson Newport Beach Real Estate • November 20 2011 12:41AM

Comments

Sharon, Nice Market report!  It is a very beautiful area that you work and live in!  Have a great day!

Posted by Tony Cannon, e-PRO & Darcy Cannon, SFR - The C Team (RE/Max Velocity Realty) 6 months ago

Sharon - you are making us on the east coast a little bit envious of the sunshine and the beach. have a great weekend.

Posted by Larry Brewer Nashville Real Estate (Benchmark Realty LLc) 6 months ago

Hi Tony and Darcy - thank you so much!

Hi Larry - nothing to be envious of today - rainy and cold!

Posted by Sharon Paxson Newport Beach Real Estate (Prudential California Realty, DRE License 01501912) 6 months ago
I thought I'd have to read a book for a dcisoevry like this!
Posted by Doc 5 months ago
EHeNPb tmhcsdviawju
Posted by sljavocddi 5 months ago
ieXQdx , [url=http://lsryipnjgatd.com/]lsryipnjgatd[/url], [link=http://esdfoiaowqbs.com/]esdfoiaowqbs[/link], http://jwhtjxyschvp.com/
Posted by yaadkkku 5 months ago

This blog does not allow anonymous comments