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 17 active listings, 5 in back up, 2 in pending, and there were 5 sales in the month of June, 2012.
Closed sales for past year has an average sales price of $2,18,576 and a price per square foot of $819.56.
Average sales price for June was $1,901,500 with an average price per square foot of $668.05. Average sales price for May, 2012 was $1,932,000 with an average price per square foot of $896.78.
In general, Balboa Island is showing a stable market trending towards a sellers market with the absorption rate.
Listings are up +2 since May, 2012
Back Up is down -1 from May, 2012
Pending sales are the same since May, 2012
Sales are the same since May, 2012
In general, Balboa Island is showing a stable market trending towards a sellers market with the absorption rate.
Search the MLS for Balboa Island homes for sale, and Newport Beach real estate for sale, and bayfront homes for sale in Newport Beach.
