$3,859 Closing Credit*
$325,000
1,024 SqFt
2 Beds
•2 Full Baths
Michael Layton, Listing Office: PS Agent
Is Canyon Corridor, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
At the same time last year, Canyon Corridor was a Seller's Market.
Key Takeaway
Canyon Corridor is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Housing Prices in Canyon Corridor, CA
How much do homes in Canyon Corridor, CA cost?
Median Sold Price
$575,000
$375/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$110,000(+23.7%)
Key Takeaway
Homes in Canyon Corridor have sold for 23.7% more than they did a year ago.
Summary: The median home sold price in Canyon Corridor was $575,000 in November 2024, up 23.7% from last year, and the median price per square foot was $375.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $269K | $275K | +2.2% |
| 2 Bedrooms | $460K | $444K | -3.5% |
| 3 Bedrooms | $915K | $912.5K | -0.3% |
| 4 Bedrooms | $3.2M | $3.2M | -0.7% |
| 5+ Bedrooms | - | $1.4M | N/A |
Summary: Canyon Corridor housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes increased by 2.2%, 2 bedroom homes decreased by 3.5%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes decreased by 0.7%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Neighborhoods
| Canyon Corridor | $465K | $575K | +23.7% |
| Deepwell Estates | $535K | $617.5K | +15.4% |
Housing Supply in Canyon Corridor, CA
How many homes are available in Canyon Corridor, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 42 | 42 | 0.0% |
Summary: The Canyon Corridor real estate market had 42 homes for sale in November 2024, the same as October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 4 | +33.3% |
| 2 Bedrooms | 25 | 25 | 0.0% |
| 3 Bedrooms | 11 | 10 | -9.1% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Canyon Corridor housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 33.3%, 2 bedroom homes remained the same, 3 bedroom homes decreased by 9.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 4 | 7 | +75.0% |
Asking Price vs. Sold Price
5 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Canyon Corridor, you may be able to get a good deal. 71.4% of homes here sold below asking price last month.
Summary: A total of 7 homes were sold or pending in Canyon Corridor in November 2024, up by 75.0% month-over-month. Of the 7 sold homes, 71% were sold under asking, 14% were sold at asking, and 14% were sold over asking.
Days on Market for Canyon Corridor, CA
How long does it take to sell a home in Canyon Corridor, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 88 Days | 24 Days | -72.5% |
Summary: Homes in Canyon Corridor had an average of 24 days on market in Nov 2024, down by 72.5% compared to last year.
Breakdown of Home Sale Times
4 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Canyon Corridor are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 7 homes were sold in Canyon Corridor; 57% of homes were sold within 30 days, 43% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.