$10,000 Closing Credit*
$850,000
2,112 SqFt
3 Beds
•2 Full Baths
BRENT LEE, Listing Office: Windermere Tower Properties
Is Canyon Crest, CA a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Canyon Crest has remained a Seller's Market.
Key Takeaway
Canyon Crest is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Canyon Crest, CA
How much do homes in Canyon Crest, CA cost?
Median Sold Price
$710,000
$366/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$47,500(+7.2%)
Key Takeaway
Homes in Canyon Crest have sold for 7.2% more than they did a year ago.
Summary: The median home sold price in Canyon Crest was $710,000 in November 2024, up 7.2% from last year, and the median price per square foot was $366.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $350K | $350K | 0.0% |
| 2 Bedrooms | $404.1K | $437.5K | +8.3% |
| 3 Bedrooms | $620K | $650K | +4.8% |
| 4 Bedrooms | $771K | $795K | +3.1% |
| 5+ Bedrooms | $915K | $950K | +3.8% |
Summary: Canyon Crest housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.3%, 3 bedroom homes increased by 4.8%, 4 bedroom homes increased by 3.1%, and 5+ bedroom homes increased by 3.8%.
Median Sold Price Compared To Nearby Neighborhoods
| Canyon Crest | $662.5K | $710K | +7.2% |
| Mission Grove | $712K | $755K | +6.0% |
| University - Riverside | $551K | $580K | +5.3% |
Housing Supply in Canyon Crest, CA
How many homes are available in Canyon Crest, CA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 73 | 71 | -2.7% |
Summary: The Canyon Crest real estate market had 71 homes for sale in November 2024, a 2.7% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 3 | 3 | 0.0% |
| 2 Bedrooms | 9 | 7 | -22.2% |
| 3 Bedrooms | 23 | 22 | -4.3% |
| 4 Bedrooms | 25 | 24 | -4.0% |
| 5+ Bedrooms | 13 | 15 | +15.4% |
Summary: The Canyon Crest housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 22.2%, 3 bedroom homes decreased by 4.3%, 4 bedroom homes decreased by 4%, and 5+ bedroom homes increased by 15.4%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 14 | 13 | -7.1% |
Asking Price vs. Sold Price
3 Homes Were Sold
Under Asking
6 Homes Were Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Canyon Crest, expect to pay close to the asking price. 46.2% of homes here sold near the asking price last month.
Summary: A total of 13 homes were sold or pending in Canyon Crest in November 2024, down by 7.1% month-over-month. Of the 13 sold homes, 23% were sold under asking, 46% were sold at asking, and 31% were sold over asking.
Days on Market for Canyon Crest, CA
How long does it take to sell a home in Canyon Crest, CA?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 14 Days | 36 Days | +161.5% |
Summary: Homes in Canyon Crest had an average of 36 days on market in Nov 2024, up by 161.5% compared to last year.
Breakdown of Home Sale Times
10 Homes Were Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Canyon Crest are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 13 homes were sold in Canyon Crest; 77% of homes were sold within 30 days, 8% of homes were sold within 30 to 90 days, and 15% 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.