All About Newport Beach

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 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. The photo below is a photo of the clubhouse which was recently built.

Currently, there are 21 active listings in Big Canyon in Newport Beach (9 are condos), five in back up status (4 are condos), 2 pending (both condos - and 1 REO), 3 sales for the month of February, and 1 is a condo.

Listings are up +1 from January, 2012
Back Up are listings are up +3 from January, 2012
Pending is the same as January, 2012
Sold properties are the same as January, 2012

Distressed property information as follows:

Listings 3 of 21 total
Back up is 3 of 5 total
Pending is 1 of 2 total
Sold properties is 2 of 3 total

The absorption rate is as follows. One month does not indicate a trend, however, three months of sales show a high absorption rate indicating a buyers market.

Average price per square foot of homes sold in Big Canyon in Newport Beach in February, 2012 is $1,626,666 with a price per square foot of $618.03.

Find lifestyle information below  about Big Canyon in Newport Beach.

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

Posted at NewportBeachRealEstateCafe.com

Balboa Peninsula  is a highly sought after area in Newport Beach with bay front as well as ocean front homes and condos for sale. There are both Newport Beach condos for sale, and  Newport Beach single family homes as well. The Balboa Peninsula in Newport Beach is a great place  to reside in Newport Beach.  The residents on the Balboa Peninsula live in this area for the lifestyle, as it is very easy to either walk to your destination, or to ride your bike to your Peninsula location. Enjoy shopping and dining on the Balboa Peninsula in Newport Beach.

There is a Pavillion’s grocery store at 32nd Street, in Newport Beach, Chipotle, and some boutique shops at 32nd Street. Also there are many restaurants including El Ranchito, and Ho Sum Bistro just to name a few.

Currently, there are 68 active listings on Balboa Peninsula in Newport Beach, 2 in back up status, 6 pending, and a total of 8 sales in the month of February.

There are 58 single family active listings, 2 back up, 6 pending, and 6 sales.

RE: the condo market on the Balboa Peninsula, 10 are active listings, and 2 of the sales were condos in February.

The average price of homes that sold during the month of February is $3,214,800.

68 Active listings compared to 68 in January, 2012 - the same
2 Back up listing compared to 3 in January, 2012 -1
6 Pending sales compared to 5 in January, 2012 +1
6 Sales compared to 2 in January, 2012, +4

The absorption rate remains high on Balboa Peninsula in Newport Beach, however it is trending down from last month. Last month (January, 2012) the three month absorption rate was 18.5 months, and in February, 2012 it is now 15 months. Homes are selling.

Search the MLS for homes for sale on the Balboa Peninsula, and condos for sale on the Balboa Peninsula in Newport Beach.

Originally posted at NewportBeachRealEstateCafe.com

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.

Find lifestyle information below in Big Canyon in Newport Beach.

Currently, there are 20 active listings in Big Canyon in Newport Beach. Of those 20 listings, 4 are short sales. There are 2 in back up (one is a short sale), 3 pending (1 is a short sale) and there has been one sale in the month of November, 2011.

Listings are the same as October, 2011
Back Up are down -3 October, 2011
Pending is the same as October, 2011
Sold is down -6 from October, 2011

The absorption rate for the Big Canyon area of Newport Beach is showing a stable market. There are distressed property as stated above.

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