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Agent Pronto analyzes transaction data, agent specialties, and client reviews to handpick the best agents in your area. Updated for March 2026. *
* Sales data is calculated based on transaction information available to Agent Pronto at the time of publishing and may not accurately reflect all transactions for a given agent.
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Information and statistics on the latest trends in the Balboa Island real estate market, updated for March 2026. *
Homes on Balboa Island are changing hands more quickly than they were a year ago, with the median time on market down to 38 days in February 2026, a drop of nearly 48 percent just since the prior month and over 71 percent year over year. This faster pace points to strong demand relative to the number of properties available.
Pricing has been moving up alongside that demand. The typical home value now stands around $4,662,500, up about 7.5 percent month over month and 54 percent compared with last year. Median list prices are near $4,495,000 and have climbed more than 21 percent in a month. About 20 percent of recent sales closed above list price, and homes are selling for about 96.9 percent of asking on average.
Supply remains tight on the island, with only 7 active listings in February and 11 new listings, even as inventory in the broader Newport Beach area sits much higher at 352 homes. Balboa Island’s typical home value also outpaces Newport Beach overall, which is around $3,550,000 and has been declining year over year. Looking ahead to March 2026, projections show typical values edging toward $4,825,000 with median list prices around $4,895,000 and inventory near 8 homes. With conditions firmly in a seller’s market, both buyers and sellers can turn to Agent Pronto to connect with a local agent who understands these dynamics.
Market gauge is calculated based on the the number of active listings divided by home sales over the most recently available reporting period.
Balboa Island offers residents a tight-knit, walkable community with harbor views, charming shops, ferry access, and a relaxed coastal lifestyle.
Balboa Island offers a rare blend of easygoing coastal living and everyday practicality. Mornings often start with a stroll along the bayfront boardwalk, a coffee from Balboa Island shops in hand, and views of kayakers gliding across Newport Harbor. Residents can walk to almost everything, from the Balboa Island Ferry into the Balboa Peninsula to casual eateries and neighborhood boutiques clustered along Marine Avenue.
Despite its resort-like feel, Balboa Island functions as a true community. Families appreciate access to Newport-Mesa public schools such as Newport Elementary School, while professionals value the short drive to business hubs in Newport Beach, Costa Mesa, and Irvine. Afternoons might mean a paddleboard session, walking the loop around the island, or heading to Marina Park across the harbor. Evenings are often quiet, with neighbors out walking dogs and watching the sunset reflect off the water.
Housing ranges from classic cottages to reimagined luxury homes, and every property is shaped by its proximity to the bay, beaches, and village-style amenities. Because each street, side of the island, and water orientation can influence both value and quality of life, working with a local specialist is essential. Agent Pronto connects you with a Balboa Island agent who understands the lifestyle, the micro-markets, and how to help both buyers and sellers move forward with confidence.
See why so many people rely on Agent Pronto to make their real estate journey a success.
“Jennifer Falconer has a fantastic reputation and did a wonderful job selling my home. I could not ask for anything to have gone better. I was apprehensive about the process, but Jennifer was very reassuring and made the process great.”
“I would definitely recommend Steven Padilla Adrian Garcia, and his team at Century 21.They made the process of selling our home smooth, and successful which ended with a wonderful outcome ! Thank you for going above and beyond !”
“Amy, thank you so much for all of your help in securing us another home. It's such a pleasure to work with you. Your knowledge, support, guidance and follow-through certainly made this challenging process so much smoother and manageable. And most of all we had some fun along the way too! Appreciate everything you and Brittany did for us. You're the best!”
“Nancy Andreason was engaged for the sale of a residential condo in need of significant interior repair and updating. She had excellent knowledge of the area, an impressive & lengthy history of sales, an excellent list of contacts to ready the property, and experience with probate sales. She was on top of everything from start to finish. We were kept fully informed throughout the process. She explained things in appropriate detail. Once decided that our situation would best be facilitated by an “as is” sale, there was very little we had to do. She was familiar with many of those that take interest in “as is” properties. We entered escrow about a week after listing. We were informed of every offer and appreciated her assessment in making our final choice. Escrow was fast and easy. I recommend Nancy and would use her again.”
“Selling my Holly Grove Street home with Amy Oganyan and her assistant Anthony Arabian was an outstanding experience. They were incredibly responsive, patient, and knowledgeable, guiding me through a tricky and uncertain market with confidence and clarity. Amy and Anthony arranged four open houses, coordinated 20 viewings, and stayed proactive throughout the five‑month process. Their negotiation skills even secured a lease‑back that allowed me to stay in the home while my new purchase finalized. Their professionalism, communication, and genuine care made all the difference. I couldn’t recommend them more highly”
“Lauren is very patient with me, very professional and I totally trust her.”
“We had a good time working together, the sale and the buy of houses we're pretty seamless all the documentation and the heads up of signing and sending she was on top of any questions that we needed answered if she couldn't do it in that moment, she would always get back to us promptly can't wait to get another house through Janely. Thanks again.”
“I am Very pleased to have had Joe as my agent!! He was very professional and knowledgeable and went above and beyond to get me an amazing price on my home!! Joe and his incredible team treated me like part of the family and I would definitely recommend Joe Manjarrez and his team to all my family and friends!!”
“At our first meeting Gautam had an accurate understanding of my neighborhood and it's surroundings. After walking through the house and the yards he gave a clear assessment of our home's value and the reasons why. He also had an idea of what types of buyers would likely show interest, and how to market our home to them. He had an excellent advertising package in mind. One day after being on the market we received a full-price offer. It fell through, but in line were two more full-price offers. The second potential buyer became the buyer. There were three issues with the property that arose and he handled them all. That was especially helpful as we were already out-of-state. The house sold without further issues. Gotham was easy to work with, and his expertise gave me confidence that things would be well-handled. I recommend Gautam highly, and would recommend him to family and friends.”
“Danny was excellent. I met him 10 Years ago when he helped us purchase our first home and I wouldn't go with anyone else but him. I trust him and his knowledge. We worked together again now in selling my home. Thank you for everything Danny. I highly recommend him :)”
“I would recommend Mark Anthony 1000%! He is not only professional, trustworthy and knowledgeable, but also listens to your needs and makes it happen in a timely matter! Always accessible and there when you need him, he is the Realtor you want on your side!!”
“After a year-long break due to family emergencies, we were pleasantly surprised that Alex Hunt was still willing to work with us. His willingness to continue working with us despite the challenges showed us his dedication and commitment. Throughout this whole process, he has demonstrated unwavering consideration and helpfulness, which we truly appreciate.”
“Thanks Kevin for my house”
“I recently had the pleasure of working with Nick to purchase my first home, and I couldn't be happier with the experience. From start to finish, Nick was incredibly professional and knowledgeable, guiding me through every step of the process with expertise and patience. What really stood out was Nick's ability to explain complex concepts in a way that was easy to understand. He provided me with valuable resources and connected me with individuals who helped streamline the purchase process. Thanks to his efforts, what could have been a daunting experience was actually a breeze. I highly recommend Nick to anyone in search of a dedicated, personable, and professional real estate agent. His expertise and support made buying my first home a smooth and enjoyable journey.”
“Marco checked all the boxes, was extremely helpful for us as first-time homebuyers and explained EVERYTHING to us. We never felt pressured to buy a house we didn't see fit. Marco was so patient with all the questions we had and always so quick in his responses, which is so appreciated!”
“Bob Zeller is the best! He is always responsive, on time (typically early), and very detail-oriented. I always felt like he took the time to understand my needs and explained everything in detail and in a easy-to-understand way. I would highly recommend Bob to anyone!”
“Since we contacted Pablo, we knew he was the right person to sell our house, he was trustworthy and worked hard to meet our expectations!”
“David was very good, very knowledgeable, and everything I needed. Got me a great price - would recommend him to anybody! ”
“Al quickly and professionally handled all issues with the buyer / contract and issues with the escrow agency. The sale from listing to completion was expeditious and the property sold for more than asking price. I was very pleased with the entire process.”
“Toi Holliday went above and beyond what I expected. I live in a different town from the sale of my late brother's home. She oversaw the cleaning of his home, the trimming of plants and the cutting of lawn, front and back. She held a very successful open house, with three offers coming in. It sold quickly and for a good price.”
There are more than 2 million real estate agents across the U.S., and you want to be sure the one you partner with is an experienced and trustworthy professional with strong local expertise covering the housing market in and around Balboa Island. Working with a proven agent will help you sell your home faster and for more money, and help you find your dream home at the best possible price.
Choosing a real estate agent to help you buy or sell property is one of the most important decisions you’ll make in your lifetime. You want to make sure your agent is an expert in your area, has a proven record helping people buy and sell similar homes to yours, and is well regarded by their previous clients. Let us know a few details about the property you are selling or the kind of home you want to buy, and Agent Pronto will match you with trusted real estate agents that have the experience you need. And before you interview an agent, check out our top five questions to ask a buyer’s agent and listing agent.
We consider performance metrics, close rates, specialties, and client reviews to qualify the best full-time agents. We then take the information you provide about the home you are selling or the kind of home you want to buy, and analyze the top local agents with the right experience for your specific needs. For more than a decade, we've helped hundreds of thousands of home buyers and sellers find the right agent. Get started now and find the perfect real estate agent.
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