Balboa Island Sales for November 2020 in Newport Beach California

Before you decide to invest in a Newport Beach home on Balboa Island, I thought you should learn about the current pricing trends for this neighborhood.

In November 2020, the average selling price was $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. The days on market is lower for homes that are price below $800,000 in the city. The higher price ranged properties take longer to sell.

Balboa Island homes are selling for 95.74% of the listed price. I find this is good to know when it comes to negotiating a price to offer.

Review current homes for sale on Balboa Island by all real estate companies:
https://www.redwagonteam.com/balboa-island-real-estate-homes/

When you are ready to invest in Balboa Island real estate or another Newport Beach neighborhood, contact me, Jay Valento of Fathom Realty Group at 562-413-7655.

Website: https://www.RedWagonTeam.com

Jay Valento
Happy Realtor at Fathom Realty Group
covering beach cities real estate in Southern California.
Licensed since 1993 in California
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