Newport Beach Islands Real Estate Update

Daily I get asked about different areas of Newport Beach so today I have decided to write about 3 Islands. Balboa Island, Linda Island, and Lido Island.

Presently on Balboa Island you will find:

35 Active listings ranging from $1,095,000- $10,900,000.

4 Pending sales ranging from $1,295,000-$3,999,000

11 closed sales in the past 90 days, from $1,450,000-$5,030,000

If living on Balboa Island has ever been your dream, as it is mine, take a look at the pricing. I have posted a chart below comparing prices today  to 2 years ago. It's a great time to buy a second home. Balboa Island has some of the most expensive homes in Newport. There's nothing like living Bay front on Balboa Island.

On Lido Island we have about the same amount of homes for sale. But not as many sold. Lido has been affected recently. Although we haven't sold as many homes the prices of the listed homes seem to have been creeping up.

34 Active Listings priced from $1,295,000-$9,950,000

3 Pending Sales from $1,849,000-$6,890,000

5 closed sales in the past 90 days. $1,200,000-$4,900,000

Lastly we have Linda Island. Because there are only 106 homes on the island you don't get as much to select from. Presently there are only:

10 Active listings from $4,250,000-$10,995,000

1 Sold home in the past 90 days- $9,500,000. As I recall this home started at $17,000,000 about 2 years ago.

For more information on Newport Beach feel free to contact me, visit my website,or sign up for my market snapshot report, IT'S FREE! NO OBLIGATION  and it comes to you via email automatically. Just fill in the form and get ready to receive one of the most informative reports available for any area.

Comment Notification

Subscribe to this post's comments using RSS