Balboa Island Homes for Sale in Newport Beach | Market Update

by Sharon Paxson on July 11, 2013 · 0 comments

Homes for Sale in Balboa Island in Newport Beach | Market Report June, 2013

Balboa Island Homes for Sale | Market Update | June, 2013

Balboa Island in Newport Beach

Balboa Island in Newport Beach is a charming area of Newport Beach. Balboa Island consists 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 has an amazing lifestyle and is unique charm, with close proximity to upscale shopping and dining in Newport Beach. And take the ferry across to the Balboa Peninsula to visit the beach.

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 June, 2013. There are currently 9 active listings, 1 in back up, 2 pending sales, and 2 sold properties on Balboa Island.

9 active listings compared to 12 in May, 2013
1 back up listings compared to 0 in May, 2013
2  pending sale compared to 1 in May, 2013
2 sales compared to 6 sales in  May, 2013

The average sales price for the past one year is 2,292,777 and a price per square foot of $995.31 and a median price of$1,825,000 and a median price per square foot of $941.92. Both the average and the median price are up over last month.

Past months market reports below.

July, 2013
June, 2013
April, 2013
March, 2013
February, 2013
January, 2013
December, 2012
November, 2012
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 

This trend is showing a strong seller’s market in Newport Beach.  The number of listings did decrease from prior month.There is still also a very low absorption rate.

Houses for sale on Balboa Island

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

See all Balboa Island Homes for Sale .
(all data current as of 10/21/2014)

  1. 4 beds, 3 full, 1 part baths
    Home size: 2,850 sq ft
    Lot size: 2,614 sqft
    Year built: 1976
    Parking spots: 6
    Days on market: 6
  2. 5 beds, 2 full, 2 part baths
    Home size: 2,088 sq ft
    Lot size: 2,550 sqft
    Year built: 1926
    Parking spots: 4
    Days on market: 14
  3. 4 beds, 2 full, 2 part baths
    Home size: 2,819 sq ft
    Lot size: 3,187 sqft
    Year built: 2008
    Parking spots: 4
    Days on market: 20
  4. 5 beds, 2 full, 3 part baths
    Home size: 2,550 sq ft
    Lot size: 2,614 sqft
    Year built: 1990
    Parking spots: 8
    Days on market: 26
  5. 6 beds, 4 full, 1 part baths
    Home size: 3,342 sq ft
    Lot size: 3,485 sqft
    Year built: 2000
    Parking spots: 6
    Days on market: 48
  6. 4 beds, 3 full, 2 part baths
    Home size: 2,880 sq ft
    Lot size: 2,614 sqft
    Year built: 2014
    Parking spots: 4
    Days on market: 62
  7. 5 beds, 1 full, 2 part baths
    Home size: 2,592 sq ft
    Lot size: 2,614 sqft
    Year built: 1931
    Parking spots: 4
    Days on market: 67
  8. 5 beds, 3 part baths
    Home size: 1,728 sq ft
    Lot size: 2,614 sqft
    Year built: 1938
    Days on market: 93
  9. 3 beds, 2 full baths
    Home size: 2,248 sq ft
    Lot size: 2,614 sqft
    Year built: 1966
    Parking spots: 4
    Days on market: 120
  10. 3 beds, 3 full, 1 part baths
    Home size: 2,614 sq ft
    Lot size: 2,370 sqft
    Year built: 1948
    Parking spots: 4
    Days on market: 125
  11. 3 beds, 2 full baths
    Home size: 696 sq ft
    Lot size: 2,614 sqft
    Year built: 1948
    Parking spots: 4
    Days on market: 155
  12. 3 beds, 2 full, 2 part baths
    Home size: 2,720 sq ft
    Lot size: 2,550 sqft
    Year built: 2003
    Parking spots: 5
    Days on market: 189
  13. 3 beds, 2 full, 1 part baths
    Home size: 2,100 sq ft
    Lot size: 2,550 sqft
    Year built: 1979
    Parking spots: 2
    Days on market: 221
  14. 3 beds, 1 full, 2 part baths
    Home size: 1,212 sq ft
    Lot size: 2,614 sqft
    Year built: 1947
    Parking spots: 4
    Days on market: 232
  15. 3 beds, 1 full, 1 part baths
    Home size: 1,044 sq ft
    Lot size: 2,614 sqft
    Year built: 1951
    Parking spots: 4
    Days on market: 239
  16. 4 beds, 3 full, 1 part baths
    Home size: 2,750 sq ft
    Lot size: 3,485 sqft
    Year built: 1991
    Parking spots: 4
    Days on market: 355
  17. 6 beds, 2 full, 2 part baths
    Home size: 2,528 sq ft
    Lot size: 2,614 sqft
    Year built: 1963
    Parking spots: 4
    Days on market: 385
  18. 4 beds, 1 full, 3 part baths
    Home size: 3,635 sq ft
    Lot size: 4,094 sqft
    Year built: 1960
    Parking spots: 4
    Days on market: 399
  19. 5 beds, 2 full, 3 part baths
    Home size: 2,105 sq ft
    Lot size: 2,614 sqft
    Year built: 1959
    Parking spots: 5
    Days on market: 434
  20. 7 beds, 3 full, 2 part baths
    Home size: 4,482 sq ft
    Lot size: 4,356 sqft
    Year built: 1965
    Parking spots: 4
    Days on market: 519

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

Sharon Paxson

I write about my passion of living the SoCal lifestyle in beautiful Newport Beach. I like to write about the local events, beaches, restaurants, and real estate updates in the area. Call or text me - 949.280.0681

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