Homes for Sale on Balboa Island in Newport Beach | Balboa Island Homes for Sale
Balboa Island in Newport Beach is actually a set of three islands in Newport Beach and they 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. Balboa Island is a unique area of Newport Beach with close proximity to Fashion Island in Newport Beach and take the ferry across to the Balboa Peninsula to visit the beach and the Wedge.
Balboa Island in Newport Beach currently has 20 active listings 5 in back up status (one is a short sale) 3 in pending status and 3 sales in February 2012.
Closed sales for past month February 2012 has an average price of $1550000 and a price per square foot of $924.28.
Closed sales for past year has an average sales price of $2198626.00 and a price per square foot of $734.11.
Listings are down -5 from January 2012
Back Up is the up +4 from January 2012
Pending sales are up +2 from January 2012
Sales are the same from January 2012
Only one of all the listings on Balboa Island in Newport Beach is a distressed sale and that property is located on 1702 Park Ave. and is a short sale.
In general Balboa Island is showing a stable market with the absorption rate with an average of six months of inventory.
Search the MLS for Balboa Island homes for sale.
