Homes for Sale on Balboa Island in Newport Beach | Balboa Island Homes for Sale
Balboa Island in Newport Beach is 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 beautiful area of Newport Beach and unique charm, 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 15 active listings, 6 in back up, 2 in pending, and there were 5 sales in the month of May, 2012.
Closed sales for past year has an average sales price of $2,170,023 and a price per square foot of $815.72.
Average sales price for sales in April, 2012 was $1,656,666 with a price per square foot of $985.57. Average sales price for May, 2012 was $1,932,000 with an average price per square foot of $896.78. There was an overall increase from the prior month.
In general, Balboa Island is showing a stable market trending towards a sellers market with the absorption rate.
Listings are down -1 from April, 2012
Back Up is the same from April, 2012
Pending sales are up +1 from April, 2012
Sales are up +3 from April, 2012
Past months market reports below.
March, 2012 Market Report
February, 2012 Market Report
January, 2012 Market Report
December, 2011 Market Report
In general, Balboa Island is showing a stable market trending towards a sellers market with the absorption rate.
| Absorption Rate, May, 2012 | ||||
| Balboa Island Market Update | ||||
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Information Deemed Reliable but not Guaranteed Courtesy of www.NewportBeachRealEstateCafe.com Info taken from CRMLS Do Not Use Without Permission |
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One Month |
ThreeMonths | SixMonths |
Twelve Months |
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| Listings | 15 | 15 | 15 | 15 |
| Sold | 5 | 17 | 24 | 42 |
| AverageSold/Mo | 5 | 6 | 4 | 4 |
| Month’s Inventory | 3.0 | .2 | 3.8 | 4.3 |
Search the MLS for Balboa Island homes for sale, and Newport Beach real estate for sale, and bayfront homes for sale in Newport Beach.
Showing properties
1 - 11 of 11.
See more Balboa Island Homes for Sale .
(all data current as of
5/22/2013)
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$9,000,000 : 530 South Bay Front, Newport Beach7 beds, 3 full, 2 part baths
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$7,250,000 : 800 South Bayfront, Newport Beach4 beds, 1 full, 3 part baths
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$2,085,000 : 224 Opal Avenue, Newport Beach3 beds, 2 full, 1 part baths
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$2,699,000 : 318 Amethyst, Newport Beach3 beds, 3 full, 1 part baths
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$4,995,000 : 701 North Bay Front, Newport Beach3 beds, 4 full baths
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$3,750,000 : 209 APOLENA Avenue, Newport Beach3 beds, 1 full, 3 part baths
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$2,195,000 : 226 Ruby Avenue, Newport Beach2 beds, 2 full baths
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$2,850,000 : 1311 North BAY FRONT, Newport Beach3 beds, 1 full, 2 part baths
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$2,995,000 : 212 Crystal AVE, Newport Beach3 beds, 3 full, 1 part baths
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$2,799,000 : 113 JADE Avenue, Newport Beach5 beds, 4 part baths
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$1,499,000 : 231 AGATE Avenue, Newport Beach4 beds, 1 full, 2 part baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
