Let’s review home sales on Balboa Island Sales for July 2022 in Newport Beach, California. 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 $4,605,837. That is up 18.70% in July 2022 from 2021.
It is taking 31 days for a Balboa Island home to receive an offer and open escrow.
Balboa Island homes are selling for 98.70% 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.
Video: Balboa Island Home Sales for July 2022
I created this short video to give you insights into the Balboa Island Housing Market for this Newport Beach neighborhood.
Review all of the Balboa Island homes for sale on our website.
Data is from the California Regional multiple listing service.
