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Balboa Peninsula Point in Newport Beach | Market Update | January, 2012

Homes for Sale on Balboa Peninsula Point in Newport Beach | Balboa Peninsula Point Homes for Sale

Balboa Peninsula Point

Balboa Peninsula Point is located at the end of the Balboa Peninsula in Newport Beach. Balboa Peninsula Point in Newport Beach is a highly sought after community. This area of Newport Beach truly represents the beach lifestyle. Balboa Peninsula Point encompasses the homes from A Street to the end of the Balboa Peninsula. There are bay view homes, interior 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.

peninsula point in newport beach

Balboa Peninsula Point has a community association and it  is voluntary to be a member. The name of the association is the Balboa Peninsula Point Association. The association hosts a few events per year including the Fourth of July parades, Easter egg hunt, and Tuesday evening meet ups on the bay side of the beach.

Balboa Peninsula Point in Newport Beach currently has 28 active listings, and there were 5 sales from October, 1, 2011 until January 31, 2012. None of the properties sold during this time period were short sales or distressed sales.  There was one sale in January, 2012 and it was a standard sale.

Balboa Peninsula Point Market report

The absorption rate in Balboa Peninsula Point remains high with roughly over one year of inventory.

Balboa Peninsula Point Market absorption rate

Search the MLS for Balboa Peninsula Point homes for sale in Newport Beach, and Peninsula Point real estate.

Originally posted at NewportBeachRealEstateCafe.com

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Search for Homes by Community in Newport Beach

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6 comments • Sharon Paxson Newport Beach Real Estate • February 10 2012 01:06AM

Comments

Yeah I am good with that location where do I sign!?!?!

 

Posted by US Mortgages - David Shamansky 4 months ago

Hi Dave - well I am so glad you are good with great location!! Ha!! Come on out!

Posted by Sharon Paxson Newport Beach Real Estate (Prudential California Realty, DRE License 01501912) 4 months ago

Sharon,

               I love these homes what are the price ranges? Sounds like a great place to live. I am not sure we would leave with some of the views these homes offer.

Posted by Yolanda Cordova-Gilbert David Weekley Homes in Cinco Ranch (David Weekley Homes) 4 months ago

Sharon, That is a good market report!  That really is such a beautiful area.  I will be honest, I wish that I were there or somewhere near there right now!

Posted by Tony Cannon, e-PRO & Darcy Cannon, SFR - The C Team (RE/Max Velocity Realty) 3 months ago

Sharon - I can see why people fall in love with Newport Beach.  You're photos show us why it's so desirable.  Great, local neighborhood community review and market report!

Posted by Laura Allen, Lake Tahoe Homes, Property for Sale. www.TahoeLauraLuxuryHomes.com (Coldwell Banker, Tahoe City, CA (530) 414-1260) 3 months ago

Hi Yolanda - there is the range of prices but that area is highly desirable and sought after. Love it if you lived here!

Hi Tony and Darcy - thanks and love to have you guys come and visit us!

HI Laura - thanks so much!!

Posted by Sharon Paxson Newport Beach Real Estate (Prudential California Realty, DRE License 01501912) 3 months ago

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