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Sharon Paxson's Blog

By Sharon Paxson | Agent in Newport Beach, CA

Big Canyon in Newport Beach | Market Update | March, 2013

Big Canyon in Newport Beach is a high sought after area in Newport Beach. This market report encompasses the builder tracts of Big Canyon and there are a total of 6 builder tracts including Big Canyon Custom, Big Canyon Deane, Big Canyon Villas, Big Canyon McClain, Big Canyon Fairway One. Some of these tracts 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  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 golf club.

Currently, there are 8 active listings in Big Canyon in Newport Beach, 6 in back up status, 3 pending, 2 sales for the month of March, 2013.

The average price of homes sold over the past year in Big Canyon is $1,454,210 with an average prive per square foot of $489.71.

The median price in Big Canyon was $1,030,000 with a price per square foot of $460.46. Of the homes sold in the past one year, two were short sales, and one was an REO sale.

8 active listings compared to 10 active listings in February, 2013
6 back up listings compared to 5 back up in February, 2013
3 pending listings compared to 5 pending listing in February, 2013
2 sales since compared to 3 sales in February, 2013

The absorption rate in Big Canyon is trending towards a seller market.

 

Past Month's Market Reports

March, 2013
February, 2013
January, 2013
December, 2012
November, 2012
October, 2012
September, 2012
August, 2012
July, 2012
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.

Originally posted at NewportBeachRealEstateCafe.com

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