About Newport Beach's Balboa Island

Homes for Sale on Balboa Island in Newport Beach | Balboa Island Homes for Sale

Balboa Island in Newport Beach is a man made set of three islands in Newport Beach and they include the main island, the little island and Collins Island. Collins Island in Newport Beach is a gated community and has only 8 homes located on it. The homes on Collins Island have incredible views of Newport Harbor. Balboa Island is a highly sought after area of Newport Beach.

If you are considering making a visit Balboa Island in Newport Beach, then you can take the Balboa Island Ferry which makes a very short journey from the Balboa Peninsula in Newport Beach. It is about a 3 or 4 minute trip, but extremely enjoyable. The ferry transports three autos, bicycles, and pedestrians. Living on Balboa Island allows the residents to enjoy the bay, and it is a quick trip over to the Balboa Peninsula takes you to the sandy beaches and waves.

Currently there are 25 active listings on Balboa Island in Newport Beach (including the Little island and Collins Island), 1 in back up (short sale), 1 pending, and there were 3 sales in January, 2012.

Listings are up +10 from December, 2011
Back Up is the same from December, 2011
Pending sales are down -1 from December, 2011
Sales are the same from December, 2011

In general, Balboa Island is showing a stable to a buyers market with the absorption rate, and this may be due to the increase of listings in the past one month.

Search the MLS for Balboa Island homes for sale, and Newport Beach real estate for sale.

Balboa Island in Newport Beach is a man made set of three islands in Newport Beach and they include the main island, the little island and Collins Island. Collins Island in Newport Beach is a gated community and has only 8 homes located on it. The homes on Collins Island have incredible views of Newport Harbor. Balboa Island is a highly sought after area of Newport Beach.

Are you looking to visit Balboa Island in Newport Beach, then you can take the Balboa Island Ferry which makes a very short passage from the Balboa Peninsula in Newport Beach. It is about a 3 or 4 minute trip, but well worth it. The ferry transports three autos, bicycles, and pedestrians. The beauty if living on Balboa Island is enjoying the bay life style and a quick trip over to the Balboa Peninsula takes you to the sandy beaches and waves.

Currently, there are 15 active listings, 1 is in back up, 2 are pending and there were three sales in the month of December, 2011. The sales have increased from the prior month.

Listings are down -7 from November, 2011

Back up is down from November, 2011
Pending is down -1 from November, 2011
Sold is up +3 from November, 2011

Of the 42 sold homes in the past one year, there were seven distressed sales - six were short sales, and one was a bank owned or REO property. In general, Balboa Island is showing a stable to a seller's market with the absorption rate.

In my opinion, the stable market will continue and we may see a positive trend towards a seller's market with the declining inventory and the increase in sales.

Search the MLS for Balboa Island homes for sale, and Balboa Island real estate.

Originally posted at NewportBeachRealEstateCafe.com

Balboa Island in Newport Beach is a man made set of three islands in Newport Beach and they include the main island, the little island and Collins Island. Collins Island in Newport Beach is a gated community and has only 8 homes located on it. The homes on Collins Island have incredible views of Newport Harbor. Balboa Island is a highly sought after area of Newport Beach.

There are two ways to arrive on Balboa Island in Newport Beach, one is on the Balboa Island Ferry which makes a very short passage from the Balboa Peninsula in Newport Beach. It is about a 3 or 4 minute trip, but well worth it. The ferry transports three autos, bicycles, and pedestrians. The beauty if living on Balboa Island is enjoying the bay life style and a quick trip over to the Balboa Peninsula takes you to the sandy beaches and waves.

There is a boardwalk around Balboa Island, and you will see people beginning their day by walking, jogging, or walking their dog around both the main island and the little island of Balboa Island in Newport Beach.

Currently, there are 22 active listings, 2 are in back up, (one of the properties in back up is a short sale), 3 are pending and three was one sale in the month of November, 2011. The sales have dropped from prior months of approximately four sales per month.

Listings are down -2 from October, 2011
Back up sales are the same from October, 2011
Pending sales are the same from October, 2011
Solds are down -3 from October, 2011

Because there was only one sale last month, the absorption rate increased from approximately five months which is a stable market to a buyers market with 11 months of inventory. In my opinion, this may be cyclical because of the holiday season. When compared to last November, 2010 - sales are down -1, as there were two sales in November, of 2010.

Search the MLS for Newport Beach homes for sale on Balboa Island, and Balboa Island homes for sale in Newport Beach.

Originally posted at NewportBeachRealEstateCafe.com

The Balboa Island Home Walking tour is coming up on this weekend on December 11, 2011. This is a one of the favorite Newport Beach holiday activities. There will be eight decorated beach cottages and bayfront homes on Balboa Island in Newport Beach. These homes will be decorated in a unique manner, and to continue to enjoy the holiday season in Newport Beach.

Make sure that you visit the stores and shops on Marine Avenue for all of your Holiday shopping. Also enjoy refreshments as well.

The walking holiday home tour is a great opportunity to continue with the holiday activities and enjoy the community. The walking holiday home tour is held on Balboa Island in Newport Beach.

The Balboa Island Walking Holiday Home Tour is a home tour, and an opportunity to view some of the beautiful homes that are decorated with holiday decor. And enjoy the holiday spirit!

The tickets for the event are $25 per person. The following Balboa Island stores including Even Sisters, Island Home, Martha’s Bookstore, Persimmon Tree, and The Gift Box will have tickets available for this event. If you need Will Call Tickets: Please send checks to PO Box 5593, Balboa Island, CA 92662 make out to "BIIA"

Sponsored by the Balboa Island Improvement Association.

Tickets will be available for pick up at The Persimmon Tree.

Hope to see you at the Balboa Island Walking Home tour this Sunday!

This post is included in the December Season of Sharing contest, and I believe this is a great event which allows friends and families to get together and enjoy the local activity on Balboa Island in Newport Beach.

Originally posted at NewportBeachRealEstateCafe.com

Christmas Lights in Newport Beach

The holidays are here whether you are ready for them or not. Man the older we get the faster the years go by. There is one thing in life that really makes me feel like a kid again and really get into the Holiday Season, and that is going and looking at lights. It always seems to put a smile on my face no matter what might be going on in our busy day to day lives. I am going to share with you some of my favorite Christmas lights in Newport Beach.

The first and foremost Christmas lights in Newport Beach to see is the "Boat Parade" starting on Wednesday, Dec. 14 and ends Sunday Dec. 18. The parade starts off Bay Island at 6:30pm and finishes at the same site around 9:00pm. If you have not experienced this yet it is a must. Residents of Newport Beach prepare for this months in advance and spare no expenses. Grab some hot chocolate from one of the cute kids selling around the island and just stroll along the island, there is plenty to see. Even the houses are all decorated with elaborate decor and more moving parts then a science experiment. Get there early because it definitely gets busy and parking gets hard to find. One trick I like to do is park at the Newport Hyatt and walk down, just to avoid all the traffic on the island. These are Christmas lights in Newport Beach you don't want to miss.

The next Christmas lights in Newport Beach I am going to share with you is a road trip. Yippee!!! Grab all the kids and pack the family in the car and check out these few houses that are worth going and seeing. First is the "Zimmerman" Christmas lights in Newport Beach. The house is located on 327 Sapphire Ave. Balboa Island, decked out with music to go along with all the lights and has all the glitz to go along. While you are down on Balboa Island, roam the streets and see what other houses have going on. Their is lots to see. Next drive on over to East side Costa Mesa and see 2249 Santa Ana. Don't forget Santa will be there from 7pm-9pm up until the 23rd. Then drive down Santa Ana to Lilac and cruise the neighborhoods and meander the cul de sacs. There are tons of Christmas lights in Newport Beach to see there. Just be careful that if you are driving to keep your eyes on the road and not the lights as there are lots of people walking. And last, if you are feeling adventurous take a drive down to Belmont Shores. It isn't Christmas lights in Newport Beach but it is only a 20 minute drive away. This is another great place to park the car and cruise the Island of Belmont Shores and check out all the beautiful lights. You wont be disappointed, and if you haven't done this drive it is definitely a must. Great for a date night as well.

Make sure you respond with your own Christmas lights in Newport Beach to see or anywhere near by worth driving to. Happy Holidays.