Market Update on Balboa Island | February, 2013 | Homes for Sale on Balboa Island
Balboa Island in Newport Beach is a highly sought after area in which is comprised of 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.
The average sales price for the past one year is $1,840,000 and a price per square foot of $924.08 and a median price of$1,925,000 and a median price per square foot of $924.08.
There were a total of 2 short sales in the past one year on Balboa Island Homes for sale.
Past months market reports below.
March, 2012 Market Report
February, 2012 Market Report
January, 2012 Market Report
December, 2011 Market Report
This trend is showing a strong seller’s market in Newport Beach. The number of listings did increase from prior month.There is still also a very low 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.
See all Balboa Island Main Homes for Sale.
(all data current as of 12/22/2014)
$2,400,000 : 225 Marine Avenue, Newport Beach0 beds, 0 baths
$3,249,000 : 312 Collins Avenue, Newport Beach3 beds, 2 full, 3 part baths
$2,695,000 : 227 Sapphire Avenue, Newport Beach0 beds, 0 baths
$2,695,000 : 227 Sapphire Avenue, Newport Beach4 beds, 3 full, 1 part baths
$1,739,900 : 223 Ruby Avenue, Newport Beach0 beds, 0 baths
$3,080,000 : 208 Ruby Avenue, Newport Beach4 beds, 3 full, 2 part baths
$6,300,000 : 542 South Bay Front, Newport Beach5 beds, 1 full, 2 part baths
$3,995,000 : 139 North Bay Front, Newport Beach3 beds, 2 full baths
$2,950,000 : 201 Garnet Avenue, Newport Beach3 beds, 2 full, 2 part baths
$2,990,000 : 1311 North Bayfront, Newport Beach3 beds, 1 full, 2 part baths
$2,395,000 : 123 Amethyst Avenue, Newport Beach5 beds, 2 full, 3 part baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.