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Balboa Peninsula (NP) Home Values and Market Report

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Livingbythefoothills.com
Report prepared by Livingbythefoothills.com Gilbert Garcia
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Market at a glance

Over the last 12 months, homes sold for 96.6% of list price in 59 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $5.5M Sold · $5.5M
$19M$14M$9M$4M
NovDecJanFebMarAprMayJunJulAugSepOct

Homes sold per month

Closed sales, last 12 months.

Peak: 10 sales in Nov. Last month: 6.

Where the market stands

All homes in this report, by status.

133homes
Active48 · 36%
Under contract4 · 3%
Sold (12 mo)81 · 61%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

7.6months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$7.8M
Under contract$7.07M
Sold$6.45M

Average days on market

Active148 days
Under contract59 days
Sold59 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 48
Average list price $7,804,950
Avg. days on market 148 days
Avg. price per ft² $2,783 Based on 36 of 48 homes
Avg. living area 3,080 ft² Based on 36 of 48 homes
Avg. beds / baths 4.3 / 4.3

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

12 homes didn’t report living area and aren’t shown.

$60M$40M$20M$0

Price vs. living area: 36 homes plotted, up to $60M and 15,000 ft².

0 ft²5,00010,00015,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

12 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

1245 W Balboa Boulevard$8,680
1904 W Oceanfront$5,888
1324 E Balboa Boulevard$4,583
1220 W Bay Avenue$4,510
928 E Balboa Boulevard$4,279
21 Bay Island$3,811
7204 W Oceanfront$3,729

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
1220 W Bay AvenueNewport Beach, CA 92661 6812,749$57,500,000$4,510145 days
1504 W Oceanfront Unit 5Newport Beach, CA 92663 667,609$27,950,000$3,673282 days
1324 E Balboa BoulevardNewport Beach, CA 92661 565,453$24,995,000$4,583111 days
21 Bay IslandNewport Beach, CA 92661 464,395$16,750,000$3,81172 days
928 E Balboa BoulevardNewport Beach, CA 92661 463,341$14,299,000$4,27965 days
1554 E OceanfrontNewport Beach, CA 92661 563,649$13,500,000$3,699148 days
1201 W Bay AvenueNewport Beach, CA 92661 564,532$12,995,000$2,86720 days
1904 W OceanfrontNewport Beach, CA 92663 331,953$11,500,000$5,88817 days
7204 W OceanfrontNewport Beach, CA 92663 542,814$10,495,000$3,729123 days
1416 E Balboa BoulevardNewport Beach, CA 92661 563,349$8,980,000$2,68153 days
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.