July 2017 Balboa Island Real Estate Market Update

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

The local real estate market was on fire in July! There were 12 new listings for sale on Balboa Island and 9 are already in escrow or sold. 4 homes on Balboa Island had a price reduction. 4 homes accepted an offer and are soliciting backup offers. 5 homes in escrow had their buyers remove contingencies and are scheduled to close. 3 homes on Balboa Island sold this month. Search All Balboa Island Real Estate

[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”]Balboa Island Price Changes[/section_title]

  • 1520 Abalone – Dropped 300k to $2,950,000. 70 Days on Market
  • 215 Amethyst – Dropped 126k to $3,349,000. 70 Days on Market
  • 227 Onyx – Dropped 100k to $3,695,000. 161 Days on Market
  • 132 South Bayfront – Dropped 705k to $7,295,000. 605 Days on Market

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

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

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

  • 804 Park – $1,448,875 – 2BR on a Half Lot. 85 Days on Market
  • 214 Agate – $1,730,000 – Lot Value. 3 days on Market
  • 203 Sapphire – $1,916,000. Lot Value. 67 Days on Market

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

Thinking about selling? Contact me for a free market analysis. 949-375-4430 or steve@balboaisland.com

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

[section_title heading=”h1″ style=”1″ text_align=”center”]Client Testimonials[/section_title]

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