Is Canby, OR a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Canby has remained a Seller's Market.
Key Takeaway
Canby is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Canby, OR
How much do homes in Canby, OR cost?
Median Sold Price
$609,202
$298/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
The sold price of homes in Canby has remained the same since last year.
Summary: The median home sold price in Canby was $609,202 in March 2024, up 0.4% from last year, and the median price per square foot was $298.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $325K | N/A |
| 2 Bedrooms | $403.5K | $426.9K | +5.8% |
| 3 Bedrooms | $550K | $577.9K | +5.1% |
| 4 Bedrooms | $669.9K | $655.4K | -2.2% |
| 5+ Bedrooms | $776.9K | $678.1K | -12.7% |
Summary: Canby housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 5.8%, 3 bedroom homes increased by 5.1%, 4 bedroom homes decreased by 2.2%, and 5+ bedroom homes decreased by 12.7%.
Housing Supply in Canby, OR
How many homes are available in Canby, OR?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 129 | 124 | -3.9% |
Summary: The Canby real estate market had 124 homes for sale in March 2024, a 3.9% decrease compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 2 | 0.0% |
| 2 Bedrooms | 10 | 9 | -10.0% |
| 3 Bedrooms | 69 | 68 | -1.4% |
| 4 Bedrooms | 42 | 40 | -4.8% |
| 5+ Bedrooms | 6 | 5 | -16.7% |
Summary: The Canby housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 10%, 3 bedroom homes decreased by 1.4%, 4 bedroom homes decreased by 4.8%, and 5+ bedroom homes decreased by 16.7%.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 11 | 21 | +90.9% |
Asking Price vs. Sold Price
8 Homes Were Sold
Under Asking
8 Homes Were Sold
At Asking
5 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Canby, you may be able to get a good deal. 38.1% of homes here sold below asking price last month.
Summary: A total of 21 homes were sold or pending in Canby in March 2024, up by 90.9% month-over-month. Of the 21 sold homes, 38% were sold under asking, 38% were sold at asking, and 24% were sold over asking.
Days on Market for Canby, OR
How long does it take to sell a home in Canby, OR?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 102 Days | 114 Days | +11.4% |
Summary: Homes in Canby had an average of 114 days on market in Mar 2024, up by 11.4% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
6 Homes Were Sold
In 30 - 90 Days
9 Homes Were Sold
Over 90 Days
Key Takeaway
Most homes in Canby are taking a long time to sell, it's a good idea to negotiate on homes here.
Summary: During March 2024, 21 homes were sold in Canby; 29% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 43% of homes were sold over 90 days.
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