Wednesday, January 16, 2013

Balboa Island Homes for Sale | Market Report - Newport Beach Real ...

Balboa Island in Newport Beach

Balboa Island in Newport Beach?is actually 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. People move to Balboa Island because of the lifestyle. 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.

Closed sales for past year has an average sales price of $2,193,144 and a price per square foot of $866.58.

In general,?Balboa Island?is showing a stable market trending towards a sellers market with the?absorption rate. Currently the inventory is as follows for December, 2012.

11 active listings
5 back up listings
0 pending sale
5 sales

11 active listings compared to 17 in November, 2012
5 back up listings compared to 4 in November, 2012
0 pending listings compared to 0 in November, 2012
4 sold listings compared to 1 in November, 2012

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Looking at the trends for the past one year on Balboa Island in Newport Beach, the month with the highest sale was in November, 2012, and that was the only sale that month. The highest price per square foot was in October with a price per square foot of over $1,000.00.

Balboa Island in Newport Beach market update

Past months market reports below.

December, 2012
November, 2012
October, 2012
September, 2012
August, 2012
July, 2012
July, 2012
June, 2012
May, 2012
April, 2012
March, 2012 Market Report
February, 2012 Market Report
January, 2012?Market Report
December, 2011 Market Report

In general,?Balboa Island?is showing ?a sellers market with the?absorption rate. ?This has shown a steady decline since January, 2012. This trend is showing a strong seller?s market in Newport Beach. There is still also a very low absorption rate.

?homes for sale on Balboa Island in newport beach

Search the MLS for Balboa Island homes for sale, and Newport Beach real estate for sale, and bayfront homes for sale in Newport Beach.

Showing properties 1 - 15 of 15. See more Balboa Island Main Homes for Sale.
(all data current as of 1/15/2013)

  1. 3 beds, 1 full, 2 part baths

    Home size: 1,212 sq ft

    Lot size: 2,550 sqft

    Year built: 1947

    Parking spots: 4

    Days on market: 2

  2. 4 beds, 3 full, 1 part baths

    Home size: 2,625 sq ft

    Lot size: 2,550 sqft

    Year built: 1968

    Parking spots: 4

    Days on market: 7

  3. 0 beds, 0 baths

    Home size: 1,920 sq ft

    Lot size: 3,825 sqft

    Year built: 1912

    Days on market: 30

  4. 0 beds, 0 baths

    Home size: 2,292 sq ft

    Lot size: 3,520 sqft

    Year built: 1952

    Parking spots: 6

    Days on market: 33

  5. 0 beds, 0 baths

    Home size: 2,305 sq ft

    Lot size: 2,250 sqft

    Year built: 1965

    Parking spots: 6

    Days on market: 34

  6. 4 beds, 3 full, 1 part baths

    Home size: 2,440 sq ft

    Lot size: 2,550 sqft

    Year built: 2012

    Parking spots: 4

    Days on market: 35

  7. 5 beds, 1 full, 3 part baths

    Home size: 2,292 sq ft

    Lot size: 3,520 sqft

    Year built: 1952

    Parking spots: 5

    Days on market: 49

  8. 3 beds, 2 full, 1 part baths

    Home size: 2,103 sq ft

    Lot size: 2,550 sqft

    Year built: 1980

    Parking spots: 4

    Days on market: 79

  9. 3 beds, 2 full, 1 part baths

    Home size: 2,174 sq ft

    Lot size: 2,550 sqft

    Year built: 1997

    Parking spots: 4

    Days on market: 99

  10. 4 beds, 1 full, 2 part baths

    Home size: 1,632 sq ft

    Lot size: 2,550 sqft

    Year built: 1930

    Parking spots: 5

    Days on market: 112

  11. 3 beds, 3 full, 1 part baths

    Home size: 3,000 sq ft

    Lot size: 2,591 sqft

    Year built: 2002

    Parking spots: 5

    Days on market: 122

  12. 3 beds, 3 full, 1 part baths

    Home size: 2,718 sq ft

    Lot size: 2,550 sqft

    Year built: 2012

    Parking spots: 4

    Days on market: 173

  13. 3 beds, 2 full, 2 part baths

    Home size: 2,718 sq ft

    Lot size: 2,550 sqft

    Year built: 2012

    Parking spots: 4

    Days on market: 260

  14. 3 beds, 2 full baths

    Lot size: 2,632 sqft

    Year built: 1912

    Parking spots: 4

    Days on market: 260

  15. 4 beds, 4 full baths

    Home size: 2,710 sq ft

    Lot size: 2,550 sqft

    Year built: 1965

    Parking spots: 4

    Days on market: 457

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Source: http://newportbeachrealestatecafe.com/2013/01/15/balboa-island-homes-for-sale-market-report-2/

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