Is Canyon Corridor, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
At the same time last year, Canyon Corridor was a Seller's Market.
Housing Prices in Canyon Corridor, CA
How much do homes in Canyon Corridor, CA cost?
Median Sold Price
$540,000
$361/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Canyon Corridor was $540,000 in April 2024, up 16.8% from last year, and the median price per square foot was $361.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $275K | $252K | -8.4% |
2 Bedrooms | $435K | $499K | +14.7% |
3 Bedrooms | $700K | $797K | +13.9% |
4 Bedrooms | $3.5M | $3.3M | -5.4% |
5+ Bedrooms | - | - | N/A |
Summary: Canyon Corridor housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 8.4%, 2 bedroom homes increased by 14.7%, 3 bedroom homes increased by 13.9%, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
Twin Palms | $425K | $775K | +82.4% |
Canyon Corridor | $462.5K | $540K | +16.8% |
Deepwell Estates | $539K | $550K | +2.0% |
Housing Supply in Canyon Corridor, CA
How many homes are available in Canyon Corridor, CA?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
40 | 46 | +15.0% |
Summary: The Canyon Corridor real estate market had 46 homes for sale in April 2024, a 15.0% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 6 | 5 | -16.7% |
2 Bedrooms | 16 | 23 | +43.8% |
3 Bedrooms | 15 | 15 | 0.0% |
4 Bedrooms | 3 | 3 | 0.0% |
5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Canyon Corridor housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 16.7%, 2 bedroom homes increased by 43.8%, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
3 | 4 | +33.3% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Canyon Corridor in April 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 25% were sold at asking, and 25% were sold over asking.
Days on Market for Canyon Corridor, CA
How long does it take to sell a home in Canyon Corridor, CA?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
45 Days | 38 Days | -15.2% |
Summary: Homes in Canyon Corridor had an average of 38 days on market in Apr 2024, down by 15.2% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Canyon Corridor; 25% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.