Canyon Lake, CA

Buyer's market-7.0% YoY

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

Price drops:28.1%of listings
Sale-to-list:99.6%

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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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