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 their 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.
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 the past year have an average sales price of $2140993 and a price per square foot of $844.38.
In general Balboa Island is trending towards a seller’s market with an 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
Search the MLS for Balboa Island homes for sale.