Balboa Island in Newport Beach, CA | Market Report | March, 2012

by Sharon Paxson on April 9, 2012 · 0 comments

Homes for Sale on Balboa Island in Newport Beach | Balboa Island Homes for Sale

Balboa Island in Newport Beach is actually a set of three islands in Newport Beach and they include the main island, the little island and Collins Island. Collins Island in Newport Beach is a gated community and has only 8 homes located on it, and these homes on Collins Island have incredible views of Newport Harbor. Balboa Island is a highly sought after area of Newport Beach. Balboa Island is a unique area of Newport Beach with close proximity to Fashion Island in Newport Beach, and take the ferry across to the Balboa Peninsula to visit the beach, and the Wedge.

Currently, there are 21 active listings, 4 in back up status (one is a short sale), 3 in pending status, and there were 3 sales in March, 2012.

Balboa Island market report

Closed sales for past year has an average sales price of $2,222,710.00 and a price per square foot of $750.38.

Average sales price for sales in the past month was $1,754,166 with a price per square foot of $950.10.

Listings are up  +1 from February, 2012
Back Up is down -2 from February, 2012
Pending sales are the same from February, 2012
Sales are the same from February, 2012

Past months market reports below.

February, 2012 Market Report
January, 2012 Market Report
December, 2011 Market Report

In general, Balboa Island is showing a stable market with the absorption ratewith an average of seven months of inventory .

Balboa Island market absorption rate

Search the MLS for Balboa Island homes for sale, and Newport Beach real estate for sale.

See all Balboa Island Homes for Sale .
(all data current as of 4/18/2014)

  1. 7 beds, 2 full, 2 part baths
    Home size: 2,836 sq ft
    Lot size: 6,060 sqft
    Year built: 1964
    Parking spots: 4
    Days on market: 3
  2. 5 beds, 3 full, 2 part baths
    Home size: 2,200 sq ft
    Lot size: 2,570 sqft
    Year built: 1993
    Parking spots: 6
    Days on market: 16
  3. 3 beds, 2 full, 2 part baths
    Home size: 2,309 sq ft
    Lot size: 2,614 sqft
    Year built: 1978
    Parking spots: 5
    Days on market: 21
  4. 3 beds, 1 full, 2 part baths
    Home size: 1,900 sq ft
    Lot size: 2,614 sqft
    Year built: 1965
    Parking spots: 4
    Days on market: 25
  5. 3 beds, 3 full baths
    Home size: 1,970 sq ft
    Lot size: 2,614 sqft
    Year built: 1951
    Parking spots: 5
    Days on market: 31
  6. 5 beds, 1 full, 2 part baths
    Home size: 2,105 sq ft
    Lot size: 2,550 sqft
    Year built: 1939
    Parking spots: 4
    Days on market: 32
  7. 4 beds, 3 full, 1 part baths
    Home size: 2,572 sq ft
    Lot size: 2,614 sqft
    Year built: 1971
    Parking spots: 4
    Days on market: 33
  8. 3 beds, 2 full, 1 part baths
    Home size: 2,100 sq ft
    Lot size: 2,550 sqft
    Year built: 1979
    Parking spots: 2
    Days on market: 35
  9. 2 beds, 2 full baths
    Home size: 2,275 sq ft
    Lot size: 2,614 sqft
    Year built: 1930
    Parking spots: 4
    Days on market: 37
  10. 3 beds, 3 full, 1 part baths
    Home size: 3,180 sq ft
    Lot size: 2,591 sqft
    Year built: 2008
    Parking spots: 4
    Days on market: 44
  11. 4 beds, 2 full, 1 part baths
    Home size: 2,017 sq ft
    Lot size: 2,550 sqft
    Year built: 1957
    Parking spots: 4
    Days on market: 45
  12. 3 beds, 1 full, 2 part baths
    Home size: 1,212 sq ft
    Lot size: 2,614 sqft
    Year built: 1947
    Parking spots: 4
    Days on market: 46
  13. 3 beds, 2 full, 2 part baths
    Home size: 2,750 sq ft
    Lot size: 2,614 sqft
    Year built: 2005
    Parking spots: 4
    Days on market: 53
  14. 3 beds, 1 full, 1 part baths
    Home size: 1,044 sq ft
    Lot size: 2,614 sqft
    Year built: 1951
    Parking spots: 4
    Days on market: 53
  15. 6 beds, 2 full, 4 part baths
    Home size: 2,600 sq ft
    Lot size: 2,550 sqft
    Year built: 1979
    Parking spots: 4
    Days on market: 62
  16. 3 beds, 2 full, 2 part baths
    Home size: 2,296 sq ft
    Lot size: 2,550 sqft
    Year built: 2014
    Parking spots: 4
    Days on market: 73
  17. 4 beds, 3 full baths
    Home size: 2,128 sq ft
    Lot size: 2,614 sqft
    Year built: 1976
    Parking spots: 5
    Days on market: 123
  18. 3 beds, 1 full, 2 part baths
    Home size: 3,196 sq ft
    Lot size: 2,250 sqft
    Year built: 1948
    Parking spots: 4
    Days on market: 125
  19. 3 beds, 3 part baths
    Home size: 2,281 sq ft
    Lot size: 2,614 sqft
    Year built: 1930
    Parking spots: 5
    Days on market: 133
  20. 3 beds, 3 full, 1 part baths
    Home size: 3,275 sq ft
    Lot size: 2,250 sqft
    Year built: 2001
    Parking spots: 4
    Days on market: 154
  21. 4 beds, 3 full, 1 part baths
    Home size: 3,200 sq ft
    Lot size: 3,485 sqft
    Year built: 1991
    Parking spots: 4
    Days on market: 170
  22. 3 beds, 3 full, 1 part baths
    Home size: 2,276 sq ft
    Lot size: 2,550 sqft
    Year built: 2010
    Parking spots: 4
    Days on market: 171
  23. 6 beds, 2 full, 2 part baths
    Home size: 2,528 sq ft
    Lot size: 2,614 sqft
    Year built: 1963
    Parking spots: 2
    Days on market: 199
  24. 4 beds, 1 full, 3 part baths
    Home size: 3,635 sq ft
    Lot size: 4,094 sqft
    Year built: 1960
    Parking spots: 4
    Days on market: 213
  25. 5 beds, 2 full, 3 part baths
    Home size: 2,105 sq ft
    Lot size: 2,614 sqft
    Year built: 1959
    Parking spots: 5
    Days on market: 248
  26. 4 beds, 2 full, 2 part baths
    Home size: 2,133 sq ft
    Lot size: 2,614 sqft
    Year built: 1948
    Parking spots: 4
    Days on market: 253
  27. 7 beds, 3 full, 2 part baths
    Home size: 4,482 sq ft
    Lot size: 4,356 sqft
    Year built: 1965
    Parking spots: 2
    Days on market: 333

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Sharon Paxson

I write about my passion of living the SoCal lifestyle in beautiful Newport Beach. I like to write about the local events, beaches, restaurants, and real estate updates in the area. Call or text me - 949.280.0681

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