Balboa Island Real Estate Market Report December 2023. What are homes on Balboa Island selling for in Newport Beach, California? Review quick insights and trends.
Balboa Island Real Estate Market Report Comparing December 2023 vs December 2022
Balboa Island Real Estate Statistics | December 2023 | December 2022 |
---|---|---|
Average selling prices of houses | $4,539,258 | $5,640,868 |
Average days on market before receiving an offer | 20 | 27 |
Amount of Inventory for sale in months of time | 3.60 | 1.20 |
List to Sale Ratio: 100% equals full price offers accepted | 98.80% | 98.60% |
Average price per square foot of home sales | $2,010.00 | $2,368.00 |
Quick Summary of Balboa Island Real Estate
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.
Balboa Island homes are selling for 98.50% 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.
In-depth Balboa Island Housing Prices
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