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 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.

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.

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

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

Originally posted at NewportBeachRealEstateCafe.com