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Balboa Island Newport Beach

Balboa Island Real Estate Market Report

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.

 

Balboa Island Homes PDF by Jay ValentoDownload a free copy of the Balboa Island Real Estate Market Report for November 2020 by Jay Valento

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Balboa Island Stats

Balboa Island TrendsCurrent Info
Balboa Island Homes
6
Average Selling Price$3,387,938
Days on Market105
% of List Price95.74%
Months of Inventory2.50
Price Per Sq Ft$1,566
Year to Date Sales33

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Jay Valento Realty ONE Group DiamondJay Valento
California Realtor®
562-413-7655
800-300-6126
27 years of experience

 

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Realtor® — is a real estate professional who is a member of the National Association of REALTORS® and subscribes to its strict Code of Ethics.  Real estate listings and all data are provided through the California Regional Multiple Listing Service.  Real estate listings are subject to prior sale.  We do not provide accounting or legal advice.  Please seek appropriate professionals for those subject matters.

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