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.
Currently, there are 21 active listings, 4 in back up status (one is a short sale), 3 in pending status, and there were 3 sales in March, 2012.
Closed sales for past year has an average sales price of $2,222,710.00 and a price per square foot of $750.38.
Average sales price for sales in the past month was $1,754,166 with a price per square foot of $950.10.
Listings are up +1 from February, 2012
Back Up is down -2 from February, 2012
Pending sales are the same from February, 2012
Sales are the same from February, 2012
Past months market reports below.
February, 2012 Market Report
January, 2012 Market Report
December, 2011 Market Report
In general, Balboa Island is showing a stable market with the absorption rate, with an average of seven months of inventory .
Search the MLS for Balboa Island homes for sale, and Newport Beach real estate for sale.
Originally posted at NewportBeachRealEstateCafe.com
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