Canyon Lake, CA
Housing market overview · Updated weekly
$686,000median sale price
Homes sold
14
Last 12 weeks
Days on market
85
Average pace
Active listings
82
5.9 months supply
Sale-to-list
99.6%
Below asking
The Canyon Lake housing market is currently classified as a buyer's market with a median sale price of $686,000. Prices have fallen 7.0% compared to last year, with homes spending an average of 85 days on market, indicating 5.9 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in Canyon Lake
There are currently 82 homes listed for sale in Canyon Lake, California. The median listing price is $762K.
Active listings
82
Homes on market
Median list price
$762K
Avg. days on market
85
Days until sale
New this week
34
Newly listed
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Frequently asked questions
What is the average home price in Canyon Lake?
The median home sale price in Canyon Lake is $686,000, down 7.0% from last year.
How long do homes stay on market in Canyon Lake?
Homes typically spend 85 days on market before going under contract.
Is Canyon Lake a buyer's or seller's market?
With 5.9 months of supply, Canyon Lake is currently a buyer's market.
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