Is Canyon Country, CA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Canyon Country is a seller's market

Buyer's
Market

Difference Since October 2023

Since last year, Canyon Country has remained a Seller's Market.

Key Takeaway

Canyon Country is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Canyon Country, CA

How much do homes in Canyon Country, CA cost?

Median Sold Price

$740,666

$440/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

+$70,666(+10.5%)

Key Takeaway

Homes in Canyon Country have sold for 10.5% more than they did a year ago.

Summary: The median home sold price in Canyon Country was $740,666 in October 2024, up 10.5% from last year, and the median price per square foot was $440.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 $329.9K$363K
+10.0%
2 $444.9K$455K
+2.3%
3 $661.5K$700K
+5.8%
4 $787.7K$820K
+4.1%
5+ $1.0M$1.0M
+2.7%

Summary: Canyon Country housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes increased by 10%, 2 bedroom homes increased by 2.3%, 3 bedroom homes increased by 5.8%, 4 bedroom homes increased by 4.1%, and 5+ bedroom homes increased by 2.7%.

Median Sold Price Compared To Nearby Neighborhoods

Canyon Country
+10.5%
Saugus
+2.6%

Housing Supply in Canyon Country, CA

How many homes are available in Canyon Country, CA?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
213216+1.4%

Summary: The Canyon Country real estate market had 216 homes for sale in October 2024, a 1.4% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 11
0.0%
2 5253
+1.9%
3 9086
-4.4%
4 5051
+2.0%
5+ 2025
+25.0%

Summary: The Canyon Country housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 1.9%, 3 bedroom homes decreased by 4.4%, 4 bedroom homes increased by 2%, and 5+ bedroom homes increased by 25%.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
5345-15.1%

Asking Price vs. Sold Price

14 Homes Were Sold
Under Asking

11 Homes Were Sold
At Asking

20 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Canyon Country, you could pay more than the asking price. 44.4% of homes here sold above asking price last month.

Summary: A total of 45 homes were sold or pending in Canyon Country in October 2024, down by 15.1% month-over-month. Of the 45 sold homes, 31% were sold under asking, 24% were sold at asking, and 44% were sold over asking.

Days on Market for Canyon Country, CA

How long does it take to sell a home in Canyon Country, CA?

Average Sale Time

Oct 2023Oct 2024CHANGE
29 Days44 Days+50.7%

Summary: Homes in Canyon Country had an average of 44 days on market in Oct 2024, up by 50.7% compared to last year.

Breakdown of Home Sale Times

25 Homes Were Sold
Under 30 Days

13 Homes Were Sold
In 30 - 90 Days

7 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Canyon Country are selling fast, if you're buying plan to act quickly.

Summary: During October 2024, 45 homes were sold in Canyon Country; 56% of homes were sold within 30 days, 29% of homes were sold within 30 to 90 days, and 16% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 16 Days Ago

Newest Listings in Canyon Country, CA

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