Canyon Lake Home Sales May 2013

Canyon Lake Homes SalesMay was another strong month for home sales in Canyon Lake with 34 homes closing escrow according to MLS records.  Historically, May is a strong month anyway for several reasons.  Folks start thinking about a summer move so they can get the kids signed up and ready for the upcoming school year.  Plus, in Canyon Lake, people tend to want to get moved-in for the summer boating season and this usually means a boost in waterfront home sales.

This year is a little unique because we have seen several months of rising demand with a limited supply of homes and this created a higher than usual bump in prices and a reduced number of days on market.  The average days on market in May 2013 was 72 versus an average of 88 days on market in 2012.

Prices have risen steadily in 2013 with the average price moving up from $304,000 in January to $335,000 in May.  Most of the activity is still in the lower price ranges, but with many people starting to build equity in their homes again, the mid price range is starting to heat up as well.  The table below shows homes that were sold in Canyon Lake during the month of according to the MLS.*

Canyon Lake May 2013 Home Sales

22742 Canyon Lake  $      110,000
29989 Windward  $      200,000
30830 Long Point  $      220,000
22981 Blue Bird  $      232,596
28921 Yosemite  $      235,000
30058 Little Harbor  $      240,000
30701 Emperor  $      242,500
29030 Vacation  $      245,000
23886 Outrigger  $      245,000
22956 Pheasant  $      248,000
23466 Canyon Lake  $      255,000
22921 Fawn Lake  $      257,000
22055 Saddle  $      260,000
23235 Canyon Lake  $      265,000
29927 White Wake  $      269,900
30020 Happy Hunter  $      288,000
29483 Big Range  $      290,000
30525 Emperor  $      292,000
29810 Smugglers Point  $      295,000
30021 Clear Water  $      299,000
21710 Appaloosa  $      309,000
22090 Village Way  $      349,900
22838 Canyon Lake  $      350,000
24169 Outrigger  $      368,000
22680 Blue Teal  $      420,000
31431 Emperor  $      439,500
22615 Canyon Club  $      440,000
23884 Continental  $      455,000
22520 Inspiration  $      459,000
29789 Redwood  $      480,000
30250 Red Lure  $      550,000
30177 Windward  $      570,000
29870 Longhorn  $      575,000
29356 Big Range  $      760,000

 

If you would like to keep tabs on the market, click here to see current homes for sale in Canyon Lake.

*All data is presumed accurate, but not guaranteed.

Real Estate information and data provided by:  Justin Bevins, Realtor® – Berkshire Hathaway Home Services – California Properties, Ph: 951-326-0521, BRE #01407424
2017-02-08T18:49:58+00:00

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