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 11/27/2014)

  1. 4 beds, 1 full, 2 part baths
    Home size: 2,672 sq ft
    Lot size: 2,614 sqft
    Year built: 1951
    Parking spots: 4
    Days on market: 2
  2. 3 beds, 2 full, 3 part baths
    Home size: 2,711 sq ft
    Lot size: 2,550 sqft
    Year built: 2014
    Parking spots: 4
    Days on market: 35
  3. 4 beds, 3 full, 1 part baths
    Home size: 2,850 sq ft
    Lot size: 2,614 sqft
    Year built: 1976
    Parking spots: 6
    Days on market: 42
  4. 4 beds, 2 full, 2 part baths
    Home size: 3,362 sq ft
    Lot size: 3,187 sqft
    Year built: 2008
    Parking spots: 4
    Days on market: 57
  5. 6 beds, 4 full, 1 part baths
    Home size: 3,342 sq ft
    Lot size: 3,485 sqft
    Year built: 2000
    Parking spots: 6
    Days on market: 85
  6. 4 beds, 3 full, 2 part baths
    Home size: 2,880 sq ft
    Lot size: 2,614 sqft
    Year built: 2014
    Parking spots: 4
    Days on market: 99
  7. 5 beds, 1 full, 2 part baths
    Home size: 2,592 sq ft
    Lot size: 2,614 sqft
    Year built: 1931
    Parking spots: 4
    Days on market: 104
  8. 5 beds, 3 part baths
    Home size: 1,728 sq ft
    Lot size: 2,614 sqft
    Year built: 1938
    Days on market: 129
  9. 3 beds, 2 full baths
    Home size: 2,248 sq ft
    Lot size: 2,614 sqft
    Year built: 1966
    Parking spots: 4
    Days on market: 157
  10. 3 beds, 3 full, 1 part baths
    Home size: 2,614 sq ft
    Lot size: 2,370 sqft
    Year built: 1948
    Parking spots: 4
    Days on market: 162
  11. 3 beds, 2 full baths
    Home size: 696 sq ft
    Lot size: 2,614 sqft
    Year built: 1948
    Parking spots: 4
    Days on market: 192
  12. 3 beds, 2 full, 2 part baths
    Home size: 2,720 sq ft
    Lot size: 2,550 sqft
    Year built: 2003
    Parking spots: 5
    Days on market: 225
  13. 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: 258
  14. 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: 269
  15. 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: 276
  16. 4 beds, 3 full, 1 part baths
    Home size: 2,750 sq ft
    Lot size: 3,485 sqft
    Year built: 1991
    Parking spots: 4
    Days on market: 392
  17. 6 beds, 2 full, 2 part baths
    Home size: 2,528 sq ft
    Lot size: 2,614 sqft
    Year built: 1963
    Parking spots: 4
    Days on market: 422
  18. 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: 436
  19. 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: 471

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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