Balboa Island in Newport Beach | Market Update | October, 2012

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

Balboa Island in Newport Beach is actually three islands in Newport Beach and the islands 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. People move to Balboa Island because of the lifestyle. 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.

Balboa Island in Newport Beach

Currently, there are 14 active listings, 3 in back up, 1 in pending, and there were 5 sales in the month of October, 2012. The active inventory of property available for sale on Balboa Island has declined.

Closed sales for past year has an average sales price of $2,140,993 and a price per square foot of $844.38.

In general, Balboa Island is trending towards a sellers market with the absorption rate

14 active listings compared to 11 active listings in September, 2012 –  up +3
3 back up listings compared to 2 back up in September, 2012, – down -1
1 pending sale compared to 2 pending sale in September, 2012 – down -1
5 sales compared to 5 sales in September,  2012, – the same

Past months market reports below.

October, 2012
September, 2012
August, 2012
July, 2012
July, 2012
June, 2012
May, 2012
April, 2012
March, 2012 Market Report
February, 2012 Market Report
January, 2012 Market Report
December, 2011 Market Report

In general, Balboa Island is showing  a sellers market with the absorption rate.  This has shown a steady decline since January, 2012. This trend is showing a strong seller’s market in Newport Beach. 

Balboa Island in Newport Beach Market Update

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

  1. 4 beds, 3 full, 1 part baths
    Home size: 2,668 sq ft
    Lot size: 2,614 sqft
    Year built: 1950
    Parking spots: 4
    Days on market: 2
  2. 3 beds, 2 full baths
    Home size: 1,397 sq ft
    Lot size: 2,614 sqft
    Year built: 1951
    Parking spots: 2
    Days on market: 8
  3. 3 beds, 1 full, 3 part baths
    Home size: 2,459 sq ft
    Lot size: 2,614 sqft
    Year built: 2005
    Parking spots: 4
    Days on market: 16
  4. 5 beds, 2 full, 3 part baths
    Home size: 2,805 sq ft
    Lot size: 2,614 sqft
    Year built: 1967
    Parking spots: 4
    Days on market: 26
  5. 0 beds, 0 baths
    Home size: 2,900 sq ft
    Lot size: 2,900 sqft
    Year built: 1956
    Parking spots: 3
    Days on market: 50
  6. 5 beds, 4 full baths
    Home size: 2,900 sq ft
    Lot size: 2,614 sqft
    Year built: 1956
    Parking spots: 5
    Days on market: 56
  7. 3 beds, 3 full baths
    Home size: 2,375 sq ft
    Lot size: 2,614 sqft
    Year built: 1992
    Parking spots: 4
    Days on market: 69
  8. 0 beds, 0 baths
    Home size: 2,598 sq ft
    Lot size: 2,614 sqft
    Year built: 1971
    Parking spots: 6
    Days on market: 91
  9. 4 beds, 4 full, 1 part baths
    Home size: 3,981 sq ft
    Lot size: 4,420 sqft
    Year built: 2008
    Parking spots: 5
    Days on market: 93
  10. 7 beds, 4 full baths
    Home size: 2,598 sq ft
    Lot size: 2,614 sqft
    Year built: 1971
    Parking spots: 6
    Days on market: 93
  11. 0 beds, 0 baths
    Home size: 2,693 sq ft
    Lot size: 2,614 sqft
    Year built: 1968
    Parking spots: 4
    Days on market: 114
  12. 5 beds, 5 full, 1 part baths
    Home size: 4,030 sq ft
    Lot size: 4,356 sqft
    Year built: 2004
    Parking spots: 6
    Days on market: 122
  13. 3 beds, 2 full baths
    Home size: 910 sq ft
    Lot size: 2,564 sqft
    Year built: 1948
    Parking spots: 4
    Days on market: 125
  14. 3 beds, 1 full, 2 part baths
    Home size: 2,152 sq ft
    Lot size: 2,550 sqft
    Year built: 1986
    Parking spots: 4
    Days on market: 135
  15. 3 beds, 2 full, 1 part baths
    Home size: 2,100 sq ft
    Lot size: 2,614 sqft
    Year built: 1979
    Parking spots: 4
    Days on market: 165
  16. 3 beds, 1 full, 2 part baths
    Home size: 1,472 sq ft
    Lot size: 2,614 sqft
    Year built: 1939
    Parking spots: 4
    Days on market: 177
  17. 0 beds, 0 baths
    Home size: 2,490 sq ft
    Lot size: 2,614 sqft
    Year built: 1934
    Parking spots: 2
    Days on market: 275

See all Balboa Island Main Homes for Sale.
(all data current as of 9/4/2015)

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

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