Big Canyon in Newport Beach | Market Update | July, 2012

by Sharon Paxson on August 28, 2012 · 0 comments

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.

big canyon in Newport Beach

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

Information Deemed Reliable but not Guaranteed

Courtesy of www.NewportBeachRealEstateCafe.com

Info taken from CRMLS

Do Not Use Without Permission

 

 One

Month

ThreeMonths  SixMonths 

Twelve

Months 

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

Search the MLS for Big Canyon homes and condos for sale in Newport Beach, and Newport Beach real estate.

See all Big Canyon Homes for Sale in Newport Beach.
(all data current as of 7/22/2014)

  1. 3 beds, 3 full baths
    Home size: 2,500 sq ft
    Lot size: 4,792 sqft
    Year built: 1973
    Parking spots: 2
    Days on market: 1
  2. 3 beds, 4 full, 1 part baths
    Home size: 4,134 sq ft
    Lot size: 10,454 sqft
    Year built: 1972
    Parking spots: 2
    Days on market: 16
  3. 3 beds, 2 full, 1 part baths
    Home size: 1,750 sq ft
    Lot size: 1,750 sqft
    Year built: 1989
    Parking spots: 2
    Days on market: 19
  4. 3 beds, 3 full, 1 part baths
    Home size: 3,011 sq ft
    Lot size: 6,534 sqft
    Year built: 1973
    Parking spots: 3
    Days on market: 26
  5. 2 beds, 2 full baths
    Home size: 1,493 sq ft
    Year built: 1976
    Parking spots: 2
    Days on market: 28
  6. 4 beds, 4 full, 1 part baths
    Home size: 4,600 sq ft
    Lot size: 11,000 sqft
    Year built: 1973
    Parking spots: 3
    Days on market: 28
  7. 4 beds, 4 full, 1 part baths
    Home size: 5,675 sq ft
    Lot size: 14,019 sqft
    Year built: 1972
    Parking spots: 3
    Days on market: 33
  8. 5 beds, 4 full, 1 part baths
    Home size: 7,369 sq ft
    Lot size: 19,234 sqft
    Year built: 1993
    Parking spots: 3
    Days on market: 41
  9. 2 beds, 2 full, 1 part baths
    Home size: 4,285 sq ft
    Lot size: 11,400 sqft
    Year built: 1973
    Parking spots: 2
    Days on market: 44
  10. 5 beds, 5 full, 2 part baths
    Home size: 6,260 sq ft
    Lot size: 17,115 sqft
    Year built: 1977
    Parking spots: 6
    Days on market: 44
  11. 4 beds, 3 full baths
    Home size: 2,555 sq ft
    Lot size: 6,534 sqft
    Year built: 1973
    Parking spots: 2
    Days on market: 47
  12. 3 beds, 1 full, 2 part baths
    Home size: 2,981 sq ft
    Lot size: 6,098 sqft
    Year built: 1973
    Parking spots: 2
    Days on market: 56
  13. 2 beds, 2 full, 1 part baths
    Home size: 1,760 sq ft
    Year built: 1989
    Parking spots: 2
    Days on market: 63
  14. 4 beds, 1 full, 2 part baths
    Home size: 3,011 sq ft
    Lot size: 6,098 sqft
    Year built: 1973
    Parking spots: 3
    Days on market: 85
  15. 6 beds, 5 full, 1 part baths
    Home size: 4,500 sq ft
    Lot size: 12,600 sqft
    Year built: 1971
    Parking spots: 3
    Days on market: 93
  16. 5 beds, 7 full, 1 part baths
    Home size: 5,960 sq ft
    Lot size: 8,712 sqft
    Year built: 1974
    Parking spots: 3
    Days on market: 94
  17. 3 beds, 2 full, 1 part baths
    Home size: 1,764 sq ft
    Year built: 1977
    Parking spots: 2
    Days on market: 99
  18. 5 beds, 4 full, 2 part baths
    Home size: 7,067 sq ft
    Lot size: 10,115 sqft
    Year built: 1978
    Parking spots: 3
    Days on market: 109
  19. 3 beds, 2 full, 1 part baths
    Home size: 1,764 sq ft
    Lot size: 1,000 sqft
    Year built: 1976
    Parking spots: 2
    Days on market: 133
  20. 4 beds, 2 full, 3 part baths
    Home size: 4,044 sq ft
    Lot size: 7,405 sqft
    Year built: 1973
    Parking spots: 3
    Days on market: 153
  21. 3 beds, 3 full, 1 part baths
    Home size: 4,500 sq ft
    Lot size: 10,454 sqft
    Year built: 1973
    Parking spots: 3
    Days on market: 170
  22. 4 beds, 2 full, 3 part baths
    Home size: 5,372 sq ft
    Lot size: 15,246 sqft
    Year built: 1972
    Parking spots: 6
    Days on market: 177
  23. 4 beds, 3 full baths
    Home size: 3,219 sq ft
    Lot size: 11,326 sqft
    Year built: 1971
    Parking spots: 3
    Days on market: 310

Listing information deemed reliable but not guaranteed. Read full disclaimer.

Sharon Paxson

I write about my passion of living the SoCal lifestyle in beautiful Newport Beach. I like to write about the local events, beaches, restaurants, and real estate updates in the area. Call or text me - 949.280.0681

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