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Balboa Island Homes for Sale and Market Update | April, 2015

Balboa Island Homes for Sale and Market Update | April, 2015

Balboa Island Homes for Sale | Market Update | April, 2015

Balboa Island homes in Newport Beach

Balboa Island is a highly sought after area of Newport Beach. Balboa Island in Newport Beach is located in the Lower Newport Bay in Newport Beach, and consists 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.  Buyers move to Balboa Island because of the lifestyle. Balboa Island has 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.

Balboa Island in Newport Beach

Balboa Island in Newport Beach definitely is a destination area, and many visitors vacation in this area, and want to enjoy the lifestyle. Marine Avenue on Balboa Island does have upscale dining and shopping.

Balboa Island does have bay front homes which do have gorgeous Newport Harbor views. Many bay front homes in Newport Beach do have with boat slips.

The statistics for Balboa Island are as follows for the month of  April, 2015:

Active:   14
Back up: 4
Pending: 3
Sold:        3

Average sales price for month of April, 2015 is $2,499,324 with a price per square foot of $1,098.31.

Median sales price for month of April, 2015 is $2,262,500 with a price per square foot of $1,006.44.

Average DOM/CDOM: 99/148

The highest priced home sold in the past year on Balboa Island sold on 10/20/2014 for $7,200,000 and the house was on 810 South Bayfront.

In general, Balboa Island is showing a seller’s market trending with the absorption rate.

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ABOUT ME

Sharon Paxson is a full-time REALTOR® with EQTY | Forbes Global Properties and has been specializing in residential real estate throughout the Newport Beach area since 2005 assisting Buyer’s, Seller’s, Landlords, and Tenants with their real estate needs.

If you are thinking about buying, selling or renting your home, condo or other Real Estate in the following areas including Newport Beach, Newport Coast, Corona del Mar, Huntington Beach there are thousands of Realtors to choose from. However, it doesn't cost you any more to work with a top Newport Beach CA Realtor. We welcome the opportunity to show you how we get outstanding real estate results with specific and targeted marketing. If you are looking for a top real estate agent who will make a difference you have come to the right place. Use this real estate website to learn about communities and homes for sale.

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DISCLAIMER: All information, photographs & content contained on this site is the property of Sharon Paxson. You must obtain written permission from Sharon Paxson if you would like to use any of this content contained herein. Opinions expressed are those of Sharon Paxson and may not necessarily be opinions of past and present brokers. Articles may be time and date sensitive. All statistical information utilized to create market reports has been obtained from the CRMLS. Information Deemed Reliable but not Guaranteed.

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