Market Update

Big Canyon Real Estate Market Update: October 2026

This is the October 2026 market update for Big Canyon, Newport Beach: what sold, for how much and how quickly, how the month compares with a year earlier, and what it takes in income to buy here at today’s rates. The figures are closed sales recorded in CRMLS.

Big Canyon Home Sales in October 2026

0

Homes Sold

3 in Oct 2025

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Median Price

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Median $/Sq Ft

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Median Days on Market

21 in Oct 2025

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Sale-to-List

97.4% in Oct 2025

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Sales Volume

No homes closed in Big Canyon in October 2026, too few for a reliable monthly median, so this update leans on the three months from August through October. Over those three months, 6 homes sold at a median price of $4,895,000.

Over the three months, the typical home sold in 74 days at 100.0% of its final asking price. Homes were selling at or above asking, a sign of competition for the best listings. Many sellers cut their price before selling: measured against the original asking price, the typical home sold at 94.2%.

For context, the median across all of Newport Beach was $4,112,500 in October, so Big Canyon ran 19% above the city as a whole.

What It Means

For buyers. You have leverage. Homes are taking longer to sell and closing below asking, so there is room to negotiate on price, credits and terms, especially on homes that have sat.

For sellers. Price from the recent sales, not the hoped-for number. Homes that start too high tend to sit and sell for less after price cuts.

The Year in Big Canyon

Month by month over the past year, from CRMLS closed sales. A dash means fewer than three sales behind the figure.

Median sold price by month
$2M$3M$4M$5M$6MOct '25Dec '25Feb '26Apr '26Jun '26Aug '26Oct '26$4.47M
Median price per sq ft by month
$800$1,000$1,200$1,400Oct '25Dec '25Feb '26Apr '26Jun '26Aug '26Oct '26$1,265
Homes sold by month
01234Oct '25Dec '25Feb '26Apr '26Jun '26Aug '26Oct '26
Sale-to-list price by month
94.0%96.0%98.0%100.0%102.0%Oct '25Dec '25Feb '26Apr '26Jun '26Aug '26Oct '26100.0%
Big Canyon home sales by month
MonthSoldMedian Price$/Sq FtDays
October 20260–––
September 20264$4.47M$1,265100
August 20262–––
July 20262–––
June 20264$2.65M$1,10826
May 20263$4.43M$98560
April 20262–––
March 20264$4.82M$1,4004
February 20260–––
January 20260–––
December 20251–––
November 20253$4.28M$1,27161
October 20253$5.6M$1,45121

How Much Income Do You Need to Buy a Home in Big Canyon?

At Big Canyon’s median over the last three months of $4,895,000, a buyer putting 20% down would need a household income of about $115,708 a month, or $1,388,499 a year, to keep housing costs near 28% of gross income, the traditional lending guideline.

Buying at the median: a monthly estimate
Purchase price$4,895,000
Down payment (20%)$979,000
Loan amount$3,916,000
Principal and interest (7.24%, 30-year fixed)$26,687
Property tax (about 1.1% a year)$4,487
Homeowners insurance (estimate)$1,224
Monthly housing cost$32,398
Income needed, monthly$115,708
Income needed, yearly$1,388,499

An illustration only, not an offer of credit or a loan estimate. It assumes the 7.24% average 30-year fixed rate from the Freddie Mac Primary Mortgage Market Survey for October 29, 2026; jumbo loans, points, credit and down payment change the actual rate and APR. Property tax and insurance are estimates, and HOA dues and Mello-Roos taxes are not included. Many lenders allow a higher share of income for housing, and a larger down payment lowers the income needed.

Closed sales of single-family homes, condos and townhomes recorded in CRMLS, as of 2026-11-13. Sale-to-list compares each sale price with the final asking price. Figures are deemed reliable but not guaranteed.

See the Big Canyon guide for homes for sale and the market right now.

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Kyle Shutts, Real Estate Professional

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Kyle Shutts

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Whether you’re buying your first home, upgrading, or selling a high-value property, my goal is simple: to protect your interests, maximize your outcome, and make the experience as smooth and stress-free as possible.

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