Balboa Island Real Estate Market Report 2024. What are homes on Balboa Island selling for in Newport Beach, California? Review quick insights and trends.
Housing Report: Balboa Island Real Estate Market by Jay Valento
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Quick Summary of Balboa Island Newport Beach CA Housing Report
- Let’s review home sales on Balboa Island in Newport Beach, California. The average selling price is $5,422,045.
- It is taking 93 days for a Balboa Island home to receive an offer and open escrow.
- Balboa Island homes are selling for 96.56% 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.
Frequently Asked Questions
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Which houses are currently for sale on Balboa Island?
I created a list of all Balboa Island houses for sale. Search by your price range too on RedWagonTeam.com.
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Which Streets have Homes with Boat Docks?
North Bay front Street, South Bay Front Street, The Grand Canal, Collins Island, and East Bay Front Street.
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What is the property tax rate on Balboa Island?
Figure that as an estimate at 1.25% of the purchase price.
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Where can I find all Newport Beach homes with private boat docks?
Newport Beach homes boat docks offer you the boating lifestyle and convenience to park your boat over having it on a mooring in the Newport Harbour.
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Is it expensive to live on Balboa Island?
Yes. Review the recent sales above.
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I was thinking of renting a house on Balboa Island, what price ranges are available?
The average rental pricing on Balboa Island is between $6,200 to $120,000 per month. The terms of the leases can be a week, month or 12 months. If you are looking for a weekly rental, try Airbnb or Vrbo.com. I have a real estate friend that specializes in rentals in Newport Beach if you need some help, call me at 562-413-7655.
What are you looking for in a Newport Beach home?
When you are ready to invest in Balboa Island real estate or another Newport Beach neighborhood, contact me, Jay Valento at 562-413-7655.
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Newport Beach Lifestyles
- Newport Beach Beachfront Homes
- Newport Beach Luxury Homes
- Newport Beach Single Story Homes
- Newport Beach Ocean View Homes
- Newport Beach Mansions for Sale
View Balboa Island Map and Directions to the Island.
