Is Canyon Lake Hill, TX 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 Lake Hill was a Seller's Market.
Housing Prices in Canyon Lake Hill, TX
How much do homes in Canyon Lake Hill, TX cost?
Median Sold Price
$348,500
$240/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2023
Summary: The median home sold price in Canyon Lake Hill was $348,500 in April 2024, down 7.7% from last year, and the median price per square foot was $240.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | $340K | $243.5K | -28.4% |
3 Bedrooms | $387.8K | $348K | -10.3% |
4 Bedrooms | $400K | $959.9K | +140.0% |
5+ Bedrooms | $1.3M | - | N/A |
Summary: Canyon Lake Hill housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 28.4%, 3 bedroom homes decreased by 10.3%, 4 bedroom homes increased by 140%, and 5+ bedroom homes did not change.
Housing Supply in Canyon Lake Hill, TX
How many homes are available in Canyon Lake Hill, TX?
Number of Homes For Sale
Mar 2024 | Apr 2024 | CHANGE |
---|---|---|
66 | 73 | +10.6% |
Summary: The Canyon Lake Hill real estate market had 73 homes for sale in April 2024, a 10.6% increase compared to March 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 1 | 0.0% |
2 Bedrooms | 2 | 3 | +50.0% |
3 Bedrooms | 43 | 49 | +14.0% |
4 Bedrooms | 13 | 13 | 0.0% |
5+ Bedrooms | 7 | 7 | 0.0% |
Summary: The Canyon Lake Hill housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 14%, 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
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Canyon Lake Hill in April 2024, up by 33.3% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Canyon Lake Hill, TX
How long does it take to sell a home in Canyon Lake Hill, TX?
Average Sale Time
Apr 2023 | Apr 2024 | CHANGE |
---|---|---|
88 Days | 98 Days | +11.4% |
Summary: Homes in Canyon Lake Hill had an average of 98 days on market in Apr 2024, up by 11.4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Summary: During April 2024, 4 homes were sold in Canyon Lake Hill; 50% of homes were sold within 30 days, 25% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.