Is Canby, OR 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, Canby was a Seller's Market.
Key Takeaway
Canby is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Housing Prices in Canby, OR
How much do homes in Canby, OR cost?
Median Sold Price
$609,900
$299/sqft
Based on all homes sold in the last 12 months.
Difference Since April 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 $609,900 in April 2024, down 0.1% from last year, and the median price per square foot was $299.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $325K | N/A |
| 2 Bedrooms | $397K | $422.4K | +6.4% |
| 3 Bedrooms | $550K | $580K | +5.5% |
| 4 Bedrooms | $665.9K | $658K | -1.2% |
| 5+ Bedrooms | $729.9K | $678.1K | -7.1% |
Summary: Canby 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 increased by 6.4%, 3 bedroom homes increased by 5.5%, 4 bedroom homes decreased by 1.2%, and 5+ bedroom homes decreased by 7.1%.
Housing Supply in Canby, OR
How many homes are available in Canby, OR?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 94 | 89 | -5.3% |
Summary: The Canby real estate market had 89 homes for sale in April 2024, a 5.3% decrease compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 2 | 1 | -50.0% |
| 2 Bedrooms | 9 | 6 | -33.3% |
| 3 Bedrooms | 50 | 43 | -14.0% |
| 4 Bedrooms | 30 | 35 | +16.7% |
| 5+ Bedrooms | 3 | 4 | +33.3% |
Summary: The Canby housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 50%, 2 bedroom homes decreased by 33.3%, 3 bedroom homes decreased by 14%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes increased by 33.3%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 24 | 11 | -54.2% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Canby, expect to pay close to the asking price. 54.5% of homes here sold near the asking price last month.
Summary: A total of 11 homes were sold or pending in Canby in April 2024, down by 54.2% month-over-month. Of the 11 sold homes, 27% were sold under asking, 55% were sold at asking, and 18% 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
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 72 Days | 123 Days | +70.3% |
Summary: Homes in Canby had an average of 123 days on market in Apr 2024, up by 70.3% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
6 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 April 2024, 11 homes were sold in Canby; 27% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 55% of homes were sold over 90 days.
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