Big Canyon in Newport Beach is a highly sought after area in Newport Beach. This market report encompasses all the builder tracts of Big Canyon and there are a total of 6. Some are gated, and there are some that are not such as Big Canyon Villas. If you are searching for a Newport Beach golf course home or a Newport Beach condo, consider Big Canyon. Search for Newport Beach golf course homes, and homes in a Newport Beach gated community in Big Canyon.
The Big Canyon area in Newport Beach is bordered by Ford Road, MacArthur, San Joaquin and Jamboree. Big Canyon is located on the Big Canyon golf course at the Big Canyon Country Club which is a members only club
Currently, there are 14 active listings in Big Canyon in Newport Beach, one in back up status, 1 pending, 5 sales for the month of July, 2012.
Listings are down -2 since July, 2012
Back Up is up +4 since July, 2012
Pending is the same since July, 2012
Solds are up +1 since July, 2012
The absorption rate in Big Canyon shows 4.0 months for a three month trend, and overall low absorption rate with number of homes selling over the past one year. The market in Big Canyon is a seller’s market.
The absorption rate is continuing to decline. Last month the one month absorption rate was 4.0 and now it is 2.8. It is a seller’s market and with the low inventory, buyers need to consider putting their best offer on the table because it is not unusual to see multiple offers on property, or back up offers.
| Absorption Rate, July, 2012 | ||||
| Big Canyon Market Update | ||||
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Information Deemed Reliable but not Guaranteed Courtesy of www.NewportBeachRealEstateCafe.com Info taken from CRMLS Do Not Use Without Permission |
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One Month |
ThreeMonths | SixMonths |
Twelve Months |
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| Listings | 14 | 14 | 14 | 14 |
| Sold | 5 | 11 | 21 | 42 |
| AverageSold/Mo | 5 | 4 | 4 | 4 |
| Month’s Inventory | 2.8 | 3.8 | 4.0 | 4.0 |
Past months market reports:
June, 2012
May, 2012
April, 2012
February, 2012
January, 2012
December, 2011
November, 2011
October, 2011
September, 2011
Showing properties
1 - 17 of 17.
See more Big Canyon Homes for Sale in Newport Beach.
(all data current as of
5/23/2013)
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$739,500 : 26 Sea Island Drive, Newport Beach2 beds, 2 full, 1 part baths
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$2,495,000 : 6 Rue Montreux, Newport Beach3 beds, 3 full baths
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$4,995,000 : 4 Royal Saint George Road, Newport Beach5 beds, 4 full, 1 part baths
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$1,195,000 : 4 Rue Fontainbleau, Newport Beach2 beds, 2 full baths
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$1,999,000 : 2 Rue Du Parc, Newport Beach4 beds, 3 full, 1 part baths
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$3,300,000 : 3 Rue Villars, Newport Beach3 beds, 2 full, 1 part baths
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$799,900 : 38 Canyon #38, Newport Beach3 beds, 2 full, 1 part baths
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$4,300,000 : 20 Burning Tree Road, Newport Beach5 beds, 4 full, 1 part baths
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$1,999,000 : 25 Rue Grand Ducal, Newport Beach3 beds, 3 full baths
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$4,699,000 : 14 Oak Crest Lane, Newport Beach5 beds, 6 full, 1 part baths
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$765,000 : 60 SeaIsland Drive, Newport Beach3 beds, 3 full, 1 part baths
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$3,395,000 : 80 Royal Saint George Road, Newport Beach4 beds, 2 full, 1 part baths
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$5,395,000 : 27 Inverness Lane, Newport Beach5 beds, 4 full, 2 part baths
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$595,000 : 15 Canyon Island Drive #15, Newport Beach2 beds, 2 full baths
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$6,895,000 : 4 Canyon Fairway Drive, Newport Beach6 beds, 5 full, 3 part baths
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$3,695,000 : 52 Burning Tree Road, Newport Beach3 beds, 1 full, 3 part baths
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$5,295,000 : 3 CYPRESS POINT Lane, Newport Beach4 beds, 4 full, 1 part baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
