Homes for Sale on Balboa Island in Newport Beach | Balboa Island Homes for Sale
Balboa Island in Newport Beach is a man-made set of three islands in Newport Haqrbor 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 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 and the Wedge.
Currently there are 20 active listings 4 in back up 4 in pending and there were six sales in the month of April 2012.
Closed sales for past year has an average sales price of $2153620 and a price per square foot of $792.96.
Average sales price for sales in the past month was $1656666 with a price per square foot of $985.57.
In general Balboa Island is showing a stable market trending towards a sellers market with the absorption rate.
Listings are down –1 from March 2012
Back Up is the same from March 2012
Pending sales are up +1 from March 2012
Sales are up +3 from March 2012
In general Balboa Island is showing a stable market trending towards a seller’s market with the absorption rate.
Search the MLS for Balboa Island homes for sale.
