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 of 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