Big Canyon Homes for Sale | Big Canyon Newport Beach Market Update | April 2014
Big Canyon in Newport Beach is a highly desirable Newport Beach community. This market report includes the builder tracts of Big Canyon and there are a total of six builder tracts which include Big Canyon Custom, Big Canyon Deane, Big Canyon Villas, Big Canyon McClain, Big Canyon Fairway One. (Big Canyon has both custom homes and condos for sale). Some of these tracts are Newport Beach gated communities.
There is also a beautiful private golf course called Big Canyon Golf Course which is a members-only club and has a stunning golf course.
The area of Big Canyon in Newport Beach is bordered by MacArthur, Ford Road, San Joaquin and Jamboree.
Stats as of April 2014
- Active listings 17
- Back up listings 3
- Pending listings 4
- Sold listings 2
Compared to listings in April, 2013
- 11 active listings compared to 8 active listings in March, 2013
- 6 back up listings compared to 6 back up in March, 2013
- 2 pending listings compared to 3 pending listing in March, 2013
- 9 sales since compared to 2 sales in March, 2013
- Average sales price in April, 2014 $1,548,300
- Average price per square foot $562.02
- Median sales price April, 2014 $1,225,000
- Median sales price per square foot $503.89
The absorption rate in Big Canyon is trending towards a stable market. One month does not create a trend.