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Sharon Paxson's Blog

By Sharon Paxson | Agent in Newport Beach, CA

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

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

Balboa Peninsula Point in Newport Beach is on the Balboa Peninsula. Balboa Peninsula Point in Newport Beach is a highly desirable area. Balboa Peninsula Point encompasses the homes from A Street to the end of the Balboa Peninsula. There are bay view homes and ocean front homes on Balboa Peninsula Point.  The homes that are ocean front are right on the beach, and there is no boardwalk in front.

Currently, Balboa Peninsula Point in Newport Beach has 15 active listings, 2 in back up status, 0 in pending status, and there were 3 sales in the month of August, 2012.

There are 15 Listings compared to 16 in July, 2012 - down -1
There are 2 in Back Up compared to 3 in July, 2012 - down -1
There are 0 in Pending  compared to 0 in July, 2012 - the same
There were 3 solds compared to 6 in July, 2012 - down -3

The average sales price for the past one year is $2,909,220 with an average price per square foot of $851.06.

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

August, 2012 Market Report
July, 2012 Market Report
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 decline each month.  Balboa Peninsula Point is enjoying a stable market.



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

Comments

By Renee Burrows,  Sat Sep 15 2012, 06:43
That looks like a very healthy PPSF in Balboa Peninsula Point!

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