Is Mystic Shores at Canyon Lake, TX a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Mystic Shores at Canyon Lake is a buyer's market

Buyer's
Market

Difference Since October 2023

Since last year, Mystic Shores at Canyon Lake has remained a Buyer's Market.

Key Takeaway

Mystic Shores at Canyon Lake is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Mystic Shores at Canyon Lake, TX

How much do homes in Mystic Shores at Canyon Lake, TX cost?

Median Sold Price

$735,000

$261/sqft

Based on all homes sold in the last 12 months.

Difference Since October 2023

-$129,500(-15.0%)

Key Takeaway

Homes in Mystic Shores at Canyon Lake have sold for 15% less than they did a year ago.

Summary: The median home sold price in Mystic Shores at Canyon Lake was $735,000 in October 2024, down 15% from last year, and the median price per square foot was $261.

Median Sold Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 --
N/A
2 --
N/A
3 $800K$700K
-12.5%
4 $785K$740K
-5.7%
5+ $1.2M$1.2M
+1.7%

Summary: Mystic Shores at Canyon Lake housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 12.5%, 4 bedroom homes decreased by 5.7%, and 5+ bedroom homes increased by 1.7%.

Housing Supply in Mystic Shores at Canyon Lake, TX

How many homes are available in Mystic Shores at Canyon Lake, TX?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
4847-2.1%

Summary: The Mystic Shores at Canyon Lake real estate market had 47 homes for sale in October 2024, a 2.1% decrease compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 00
0.0%
2 00
0.0%
3 1815
-16.7%
4 2123
+9.5%
5+ 99
0.0%

Summary: The Mystic Shores at Canyon Lake 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 remained the same, 3 bedroom homes decreased by 16.7%, 4 bedroom homes increased by 9.5%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Sep 2024Oct 2024CHANGE
53-40.0%

Asking Price vs. Sold Price

3 Homes Were Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Mystic Shores at Canyon Lake, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 3 homes were sold or pending in Mystic Shores at Canyon Lake in October 2024, down by 40.0% month-over-month. Of the 3 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Mystic Shores at Canyon Lake, TX

How long does it take to sell a home in Mystic Shores at Canyon Lake, TX?

Average Sale Time

Oct 2023Oct 2024CHANGE
102 Days180 Days+76.8%

Summary: Homes in Mystic Shores at Canyon Lake had an average of 180 days on market in Oct 2024, up by 76.8% compared to last year.

Breakdown of Home Sale Times

0 Homes Were Sold
Under 30 Days

0 Homes Were Sold
In 30 - 90 Days

3 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Most homes in Mystic Shores at Canyon Lake are taking a long time to sell, it's a good idea to negotiate on homes here.

Summary: During October 2024, 3 homes were sold in Mystic Shores at Canyon Lake; 0% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 100% 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 22 Days Ago

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