March started off strong this year with 7 closed sales already in the first 9 days. There were 3 homes that went into escrow this week and there are currently a total of 24 homes under contract so that bodes well for a strong March and likely April too.
There were several new listings this last week (a total of 10), which indicates that Sellers are warming up the market for Spring. Only a few price adjustments this last week as the market waits see how the next few months go.
Here's an interesting statistic: Canyon Lake's Average Days On Market is at it's lowest level in the last 10 years. Homes are selling faster now than in the last decade as you can see from the chart below. If you're a seller wanting to move quick, this is the best it's been in a while. Call us if you're thinking of listing and we can walk you through the process and provide a free equity analysis.
Looks like the weather is going to be good this weekend for the Spring opening of the pool. The water is heated so get down there and enjoy it before the summer crowds start to roll in. While you're in teh vicinity of the lodge, check out the local tennis players in the club tourney on Saturday.
Enjoy your weekend and don't hesitate to give us a call if you would like to see some properties.
- Click here for new Canyon Lake listings in the past week.
- Click here for the latest price adjusted Canyon Lake Homes.
- Click here to see Canyon Lake homes that went under contract this week.
- Click here for the latest sold homes in Canyon Lake.