Canyon Lake Home Sales May 2013 - Canyon Lake California

Canyon Lake Home Sales May 2013

By Justin Bevins | Canyon Lake Real Estate

Canyon Lake May 2013 Home Sales

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

22742Canyon Lake $      110,000
29989Windward $      200,000
30830Long Point $      220,000
22981Blue Bird $      232,596
28921Yosemite $      235,000
30058Little Harbor $      240,000
30701Emperor $      242,500
29030Vacation $      245,000
23886Outrigger $      245,000
22956Pheasant $      248,000
23466Canyon Lake $      255,000
22921Fawn Lake $      257,000
22055Saddle $      260,000
23235Canyon Lake $      265,000
29927White Wake $      269,900
30020Happy Hunter $      288,000
29483Big Range $      290,000
30525Emperor $      292,000
29810Smugglers Point $      295,000
30021Clear Water $      299,000
21710Appaloosa $      309,000
22090Village Way $      349,900
22838Canyon Lake $      350,000
24169Outrigger $      368,000
22680Blue Teal $      420,000
31431Emperor $      439,500
22615Canyon Club $      440,000
23884Continental $      455,000
22520Inspiration $      459,000
29789Redwood $      480,000
30250Red Lure $      550,000
30177Windward $      570,000
29870Longhorn $      575,000
29356Big 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® – Century 21 Full Realty Services, Ph: 951-326-0521, BRE #01407424