Big Canyon in Newport Beach has several different builder tracts. Whether you are considering a custom Newport Beach golf course home or a Newport Beach condo, Big Canyon is a highly sought after area.
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. The photo below is a photo of the clubhouse which was recently built.
There are many beautiful golf course homes which are located in Big Canyon. Big Canyon in Newport Beach has beautiful custom homes located on the golf course in Big Canyon. Big Canyon in Newport Beach is walking distance to Fashion Island in Newport Beach which features upscale dining and shopping. Enjoy one of the many activities at Fashion Island in Newport Beach including the Fashion Island tree lighting ceremony which is an annual event which takes place in November of every year.
There are currently 25 active listings in Big Canyon in Newport Beach, four in back up, three in pending, and there was one sale in December, 2011.
The absorption rate is as follows. The rate is showing a stable market trending towards a seller's market in Big Canyon in Newport Beach.
Compared to last month, the sales were as follows:
Listings are down by -20 which is a huge number from December, 2010
Back Up is the same as November, 2011
Pending is down from last month -1 from November, 2011
Sold is up from last month +3 from November, 2011
In the past one year, of the 35 sales, there were nine distressed sales. They were all short sales with the exception of one which was an REO sale.
In my opinion, the trend will continue with regards to the stable market and trending towards the sellers market.
Find lifestyle information about Big Canyon in Newport Beach.
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Originally posted at NewportBeachRealEstateCafe.com
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