Market Update on Balboa Island | Homes for Sale on Balboa Island
Balboa Island in Newport Beach is a charming Newport Beach community made up of three islands in Newport Beach. 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 has unique charm with close proximity to Fashion Island in Newport Beach and takes the ferry across to the Balboa Peninsula to visit the beach.
Closed sales for the past year have an average sales price of $2233546 and a price per square foot of $831.28.
In general Balboa Island is showing a stable market trending towards a sellers market with the absorption rate. Currently the inventory is as follows for November 2012.
17 active listings
4 back up listings
0 pending sale
1 sales
Past months market reports below.
October 2012
September 2012
August 2012
Search the MLS for Balboa Island homes for sale.