November 2016 Balboa Island Real Estate Market Update

[section_title heading=”h1″ style=”1″ text_align=”center”]What happened in November on Balboa Island?[/section_title]

November was a very busy month on the island for real estate! There were 6 new listings for sale (3 bay fronts) on Balboa Island and 3 lease listings. No homes on Balboa Island had a price reduction. 2 homes accepted an offer and are soliciting backup offers. 2 homes in escrow had their buyers remove contingencies and are scheduled to close. 4 homes on Balboa Island sold this month, 1 was leased, 1 fell out of escrow and 1 expired. Search All Balboa Island Real Estate | Check Your Home Value

[section_title heading=”h1″ style=”1″ text_align=”center”]New Listings for Sale on Balboa Island[/section_title]

[section_title heading=”h1″ style=”1″ text_align=”center”]New Listings For Rent[/section_title]

[section_title heading=”h1″ style=”1″ text_align=”center”]Balboa Island Price Changes[/section_title]

  • No Price Changes in November

[section_title heading=”h1″ style=”1″ text_align=”center”]Balboa Island Homes accepting Backup Offers[/section_title]

  • 1706 Park – $2,875,000 (Corner Duplex on the Little Island)

[section_title heading=”h1″ style=”1″ text_align=”center”]Balboa Island Properties About to Close (Buyer Removed Contingencies)[/section_title]

  • 114 Ruby – $2,375,000 (4 Bedroom Cottage)
  • 333 Amethyst – $3,495,000 (Custom Home Built in 2000 On an Oversized Lot)

[section_title heading=”h1″ style=”1″ text_align=”center”]Balboa Island Homes that Fell Out of Escrow[/section_title]

[section_title heading=”h1″ style=”1″ text_align=”center”]Balboa Island Homes that Sold[/section_title]

  • 108 Topaz – $1,950,000 (Duplex, 1 House from South Bay Front)
  • 107 Amethyst – $2,550,000 (Bay View Duplex)
  • 123 Ruby – $2,660,000 (Large Duplex)
  • 126 Abalone – $3,100,000 (2 Units on the Little Island)

[section_title heading=”h1″ style=”1″ text_align=”center”]Balboa Island Homes that Were Leased[/section_title]

  • 118 1/2 Opal – $2,850/month (2 Bedrooms with a Large Outdoor Patio and Private Garage with Laundry)

[section_title heading=”h1″ style=”1″ text_align=”center”]Balboa Island Properties Expired, Cancelled and Withdrawn[/section_title]

  • 311 Ruby – $3,300,000 (2 Units on an Oversized Lot)

[section_title heading=”h1″ style=”1″ text_align=”center”]What’s your Home Worth?[/section_title]

Thinking about selling? Find out your home value instantly at www.balboaislandhomevalue.com

[section_title heading=”h1″ style=”1″ text_align=”center”]Homes Currently For Sale or Lease on Balboa Island[/section_title]

[idx-listings zip=”92662″ statuses=”1″ propertytypes=”513,514,807″ orderby=”Price” orderdir=”DESC” count=”50″ showlargerphotos=”true”]