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Balboa Peninsula (NP) Home Values and Market Report

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Report prepared by Listwithlunaoc.com SERHANT. | Sylvia Luna Real Estate
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Market at a glance

Over the last 12 months, homes sold for 96.2% of list price in 61 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.

138homes
Active52 · 38%
Under contract7 · 5%
Sold (12 mo)79 · 57%

Buyer's or seller's market?

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

8.2months of inventory
Seller's, under 4BalancedBuyer's, over 6

Buyers have room to negotiate in this market.

Average price by status

Active$7.6M
Under contract$7.07M
Sold$6.54M

Average days on market

Active145 days
Under contract48 days
Sold61 days

Browse homes by status

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

Active homes

Currently for sale
Homes for sale 52
Average list price $7,604,357
Avg. days on market 145 days
Avg. price per ft² $2,836 Based on 38 of 52 homes
Avg. living area 2,976 ft² Based on 38 of 52 homes
Avg. beds / baths 4.2 / 4.2

Price vs. living area

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

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

$60M$40M$20M$0

Price vs. living area: 38 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.

14 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
5109 Seashore$4,358
928 E Balboa Boulevard$4,279
21 Bay Island$3,811

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
121 34th Street Unit 1Newport Beach, CA 92663 22886$2,600,000$2,9343 days
1200 W BalboaNewport Beach, CA 92661 ———$3,295,000—2 days
5109 SeashoreNewport Beach, CA 92663 341,973$8,600,000$4,35821 days
510 E BalboaNewport Beach, CA 92661 ———$7,499,000—4 days
111 38thNewport Beach, CA 92663 ———$5,995,000—7 days
310 Fernando Street Unit 208Newport Beach, CA 92661 221,278$2,150,000$1,68210 days
306 E OceanfrontNewport Beach, CA 92661 452,520$8,250,000$3,2738 days
418 Belvue LaneNewport Beach, CA 92661 432,306$5,995,000$2,59913 days
1904 W OceanfrontNewport Beach, CA 92663 331,953$11,500,000$5,88822 days
2155 MiramarNewport Beach, CA 92661 421,299$3,925,000$3,02116 days
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Questions about this market?

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These numbers move every month. For what they mean for your home, or for a home you have your eye on, get in touch.

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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.