Lake Balboa Real Estate Market

Lake Balboa Market

The median sale price for homes in Lake Balboa over the last 12 months is $312,792.


The median mortgage debt is $161,563.

Additional Statistics for Single Family Homes and Condos in Lake Balboa, CA
$341,000
Median Listing Price
79
Median Days on Market
31
Active Listings
22.6%
Distressed Listings
(foreclosures and short sales)
Lake Balboa, CA Price Trends - Sold vs. Listed
The median list price in May for single family homes in Lake Balboa is $359,000. The list prices increased by 2.57% from the previous month.

The price per square foot for listings in this area is $269.

The median sale price in December for single family homes is $429,000. The sale prices increased by 26.54% from the previous month.

The price per square foot for sales in this area is $324.

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Lake Balboa, CA Market Inventory Trends

The number of active listings in Lake Balboa dropped by 18.2% from the previous month.

The median number of days active properties have been listed is 83. This is significantly shorter than the national average.

The number of sales increased by 200% from the previous month.

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Lake Balboa, CA Property Ownership

The percent of unoccupied properties is very low in Lake Balboa. It is -10.08% below the national average.

The percent of owner occupied properties in Lake Balboa is 24% below the national average.

The percent of rental properties in Lake Balboa is 36.89% above the national average which is typical for urban areas.

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Neighborhood and valuation information provided by Onboard Informatics ©2012 Onboard informatics. Information deemed reliable but not guaranteed.