Review current Balboa Island real estate market report of up to date sales to make an important investment decision. Balboa Island is located in Newport Beach.
Video: Balboa Island Real Estate Market Report November 2020
Up to Date Statistics for All of Balboa Island in Newport Beach
I like to share the average selling prices for Balboa Island homes over a median list or sales price. I find the average home selling prices are similar to what I would share with you if I was representing you as your listing agent or buyer’s agent in a transaction.
The average selling price is $3,387,938. That is up 1.10% from 2019 at this time in November. It is taking 105 days for a Balboa Island home to receive an offer and open escrow.
Balboa Island homes are selling for 95.74% of the listed price. I always say price the home to sell and your chances of getting an offer from a buyer are high…instead of overpricing and sitting on the market for a long time.
Download a free copy of the Balboa Island Real Estate Market Report for November 2020 by Jay Valento