Homes for Sale on Balboa Island in Newport Beach | Balboa Island Homes for Sale
Balboa Island in Newport Beach is made up 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. 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 11 active listings, 4 in back up, 1 is pending, and there were 7 sales in the month of July 2012. The active inventory of property available for sale on Balboa Island has declined.
Closed sales for past year has an average sales price of $1,928,712 and a price per square foot of $839.36.
In general, Balboa Island is showing a stable market trending towards a seller’s market with the absorption rate.
Listings are down -6 since June, 2012
Back Up is down -1 from June, 2012
Pending sales are down -2 since June, 2012
Sales are up +2 since June, 2012
Past months market reports below.
Search the MLS for Balboa Island homes for sale.
