REAL-TIME MARKET NUMBERS

Canyon Country, CA 91387

Single-Family Homes

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Canyon Country, CA 91387

Thu Nov 21 2024
This week the median list price for Canyon Country, CA 91387 is $966,900 with the market action index hovering around 43. This is less than last month's market action index of 47. Inventory has decreased to 48. Click here to stay informed with the Canyon Country market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Canyon Country, CA 91387

Thu Nov 21 2024
This week the median list price for Canyon Country, CA 91387 is $966,900 with the market action index hovering around 43. This is less than last month's market action index of 47. Inventory has decreased to 48. Click here to stay informed with the Canyon Country market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

Market Narrative

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Canyon Country market.
Median List Price $966,900
Median Price of New Listings $795,000
Per Square Foot $422
Average Days on Market 86
Median Days on Market 63
Price Decreased 38%
Price Increased 2%
Relisted 8%
Inventory 48
Median Rent
Market Action 43
Slight Seller's Advantage

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,974,400 4,619 1 - 2.5 acres 5 4.8 30 1 0 31
$1,089,500 2,984 6,500 - 8,000 sqft 4 3 22 2 5 52
$882,499 2,172 8,000 - 10,000 sqft 4 3 35 0 1 63
$727,450 1,474 0.25 - 0.5 acre 3 2 46 4 4 87