Balboa Island Real Estate Trends July 2022 shares with you the insights into housing prices in Newport Beach, California.
Housing Prices on Balboa Island
|Real Estate Statistics||July 2022||July 2021|
|Average selling prices of houses||$4,605,837||$3,881,204|
|Average days on market before receiving an offer||31||44|
|Amount of Inventory for sale in months of time||1.10||3.90|
|Number of homes on Balboa Island that sold year to date||21||33|
|List to Sale Ratio: 100% equals full price offers accepted||98.70%||96.90%|
|Average price per square foot of home sales||$2,175.00||$1,872.00|
Video: Balboa Island Real Estate Trends July 2022
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.