Real Estate Market

Canyon Springs Real Estate Market

Live stats and monthly reports across Canyon Springs Nav serves — updated every 5 minutes from MLS® data.

Buyer's Market14.5 mo supply — Buyer's

In Aug, 2 homes sold across Canyon Springs at an average price of $613,000 — down 37.0% from the prior month. Properties averaged 9 days on market.

Browse Homes For Sale
$613Kavg price · last month
Mar6-month avg price trend · MLS®Aug
2
Homes Sold
last 30 days
$613K
Avg Sold Price
last 30 days · sold properties
9d
Avg Days on Market
last 30 days · listed to sold
29
Active Inventory
live MLS · updated every 5 min
14.5 mo
Months of Supply
current absorption rate
View Homes For SaleRecently SoldFree Home EvaluationMonthly Reports →
3-Year Price Trend
$613K
Avg sold price by type · last 36 months · MLS® data

Benchmark Prices by Property Type

Canyon Springs · Last 30 days
Property TypeAvg Sold PriceAvg $/sqftYoY ChangeCondition
Townhouses$816K$816,000+43.2%Strong Seller's Market
Condos$410K$594-20.2%Buyer's Market
Market Insight

Condos are the most accessible entry point in Canyon Springs, currently averaging $410,000 — well below the cost of a detached home.

Townhouses have appreciated the most over the past year at +43.2%, while Condos saw the weakest movement at -20.2%.

For investors, townhouses have shown the strongest price appreciation — buyers looking for long-term value may want to prioritise this segment.

Last 30 Days — By Property Type

Sold properties only

Apartment:Buyer's Market
House:Buyer's Market
Townhouse:Seller's Market

What Does Each Home Cost?

By bedrooms & property type · Last 30 days sold

Type1 Bed2 Bed3 Bed4+ Bed
Apartment
$548K
$820/ft²
41 sold
$698K
$752/ft²
63 sold
$889K
$721/ft²
18 sold
$1.12M
$690/ft²
5 sold
Townhouse
$699K
$698/ft²
8 sold
$879K
$672/ft²
31 sold
$1.08M
$645/ft²
44 sold
$1.25M
$612/ft²
14 sold
House
$1.19M
$580/ft²
6 sold
$1.49M
$558/ft²
22 sold
$2.25M
$498/ft²
18 sold

Studio = 0 bedrooms. 4+ Bed includes all homes with 4 or more bedrooms.

How does this period compare?

MetricAug · Last 30 daysJulJul (LY)
Homes Sold2-71.4%77
Avg Sold Price$613K-37.0%$974K$704K
Avg Days on Market9d-75.7%37d45d

By Property Type

All property types
Property Type
TypeSold (30d)Avg SoldAvg DOMActiveMarket
Apartment1$410,0009d20Buyer's Market
House0N/A0d8Buyer's Market
Townhouse1$816,0009d1Strong Seller's Market

Recently Sold

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Deep Breakdown

Age, bathrooms, storeys, and lot size — how each factor shapes the sale price in Canyon Springs.

Age of Home — Does Year Built Affect Price?

Avg Sold Price & Days on Market by Year Built · Last 30 Days · Sold Properties

Insight: 1980s homes command the highest avg price at $816,000 in Canyon Springs. 1990s homes sell the fastest — avg 9 days on market. Prices fell 50% from 1980s to 1990s.
Avg Sold PriceAvg Days on Market
$816,000$410,0009d9d1980s1990s
1 sold1 sold

By Bathroom Count

Avg Sold Price by Bathrooms · Last 30 Days · Sold Properties

1 bath1 sold
9d$410,000
2 baths1 sold
9d$816,000

Frequently Asked Questions — Canyon Springs Market

Is Canyon Springs a buyer's or seller's market right now?+
Canyon Springs is currently a buyer's market. The absorption rate — the pace at which active listings are being absorbed by buyers — points to more supply than demand, giving buyers more negotiating room. There are 29 active listings and 2 homes sold in the last 30 days.
What is the average home price in Canyon Springs?+
The average sold price in Canyon Springs is currently $613,000, based on sales over the past 30 days. Prices vary significantly by property type — condominiums and townhouses typically start lower, while detached homes command a premium.
What does the absorption rate mean for Canyon Springs?+
Canyon Springs has a sales-to-active listings ratio (SALR) of 6.9%, below the 12% threshold that defines a buyer's market. There are more homes available relative to demand, giving buyers more time to consider their options and more room to negotiate on price and conditions. Sellers may need to price competitively to attract offers.
How long do homes stay on the market in Canyon Springs?+
Homes in Canyon Springs are selling in an average of 9 days on market. Properties that are priced correctly and presented well tend to attract offers faster, sometimes within the first week of listing.
What is the average price of a house, townhouse, and condo in Canyon Springs?+
Townhouses average $816,000. Condos average $410,000. These figures reflect sold prices over the past 30 days from MLS® records and are updated monthly. Prices vary by neighbourhood, size, and condition — contact Nav for a personalised estimate.
Which property type has appreciated the most in Canyon Springs?+
Based on MLS® data, townhouses have shown the strongest year-over-year price movement in Canyon Springs at +43.2% compared to the same period last year. This outperformance makes townhouses a compelling segment for buyers focused on long-term value. Consult a local agent for current conditions before making investment decisions.
How many homes sold in Canyon Springs last month?+
2 homes sold in Canyon Springs over the past 30 days. Tracking monthly sales volume is one of the best indicators of market momentum — rising sales generally signal growing buyer confidence, while declining volume can signal hesitancy or seasonal slowdown.
What does "months of supply" mean in Canyon Springs?+
Months of supply measures how long it would take to sell all current active listings at the current pace of sales. Under 4 months is a seller's market; 4–6 months is balanced; over 6 months favours buyers. In Canyon Springs, the current absorption rate of 14.5 months reflects a buyer's market.
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