Question 1

What is the median sold price in Canon Lake Estates?

Accepted Answer

The median sold price in Canon Lake Estates is $573,900 based on 3 home sales over the past 2 years. The median represents the middle price point where half of homes sold for more and half sold for less, making it a reliable indicator of typical home values in the area.

Question 2

What is the average home price in Canon Lake Estates?

Accepted Answer

The average sold price in Canon Lake Estates is $486,800. Note that the average ($486,800) is lower than the median ($573,900), which suggests the market has a fairly even distribution of home prices.

Question 3

What is the price range for homes in Canon Lake Estates?

Accepted Answer

Home prices in Canon Lake Estates range from $134,000 to $752,500 based on recent sales data. This $618,500 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Canon Lake Estates selling above or below asking price?

Accepted Answer

On average, homes in Canon Lake Estates are selling at 98.0% of their asking price. This means homes are selling very close to asking price with minimal negotiation room. Buyers may have room to negotiate on price.

Question 5

How long do homes take to sell in Canon Lake Estates?

Accepted Answer

Homes in Canon Lake Estates are selling in an average of 54 days. This indicates a balanced market with moderate competition. Buyers have reasonable time to make decisions without feeling rushed.

Question 6

What is the price per square foot in Canon Lake Estates?

Accepted Answer

The average price per square foot in Canon Lake Estates is $449. This metric helps you compare homes of different sizes on an equal basis. For example, a 2,000 sq ft home at this rate would cost approximately $898,000.

Question 7

How active is the real estate market in Canon Lake Estates?

Accepted Answer

The Canon Lake Estates market has seen 3 home sales over the past 2 years, with 2 properties currently for sale. With ample inventory available, buyers have plenty of options to choose from.

Question 8

What types of properties are selling in Canon Lake Estates?

Accepted Answer

The most common property types selling in Canon Lake Estates are: detached single family (2 sold, avg $663,200), vacant lot (1 sold, avg $134,000). Each property type has different price points and characteristics to consider when buying or selling.

Question 9

How much do detached homes cost in Canon Lake Estates?

Accepted Answer

Detached homes in Canon Lake Estates are selling for an average of $663,200, with 2 sales over the past 2 years.

Question 10

Is Canon Lake Estates a buyer's or seller's market?

Accepted Answer

Based on current data, Canon Lake Estates is a balanced market. Homes are selling in 54 days on average and at 98.0% of asking price. Both buyers and sellers have reasonable negotiating positions in current conditions.

Question 11

What percentage of homes sell above asking price in Canon Lake Estates?

Accepted Answer

In Canon Lake Estates, 0% of homes sold above asking price, while 100% sold below asking. Most homes sell at or below their listed price, giving buyers room to negotiate.

Question 12

What are the average property taxes in Canon Lake Estates?

Accepted Answer

The average annual property tax in Canon Lake Estates is $2,885, with a median of $3,217. Property taxes vary based on the assessed value of the home and are an important factor when calculating your total monthly housing costs.

Question 13

What size homes are selling in Canon Lake Estates?

Accepted Answer

Homes selling in Canon Lake Estates range from 1,287 to 1,665 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 14

How much do home prices vary in Canon Lake Estates?

Accepted Answer

Canon Lake Estates shows moderate price diversity with a standard deviation of $259,904 around the average price of $486,800. This wide range indicates a diverse market with options at many price points.

Question 15

How do I find out how much a house sold for in Canon Lake Estates?

Accepted Answer

Simply search our Canon Lake Estates sold archive. We index recently sold homes specifically by neighbourhood so you can compare apples-to-apples. If you see a "Sold" sign up the street, our MLS® sold listings data will tell you the exact closing price.

Question 16

Are sold prices different from the list price?

Accepted Answer

Often, yes. In competitive markets, house sale prices can be higher than the list price, while in slower markets, they may be lower. Viewing recently sold homes in Canon Lake Estates will show you the "Sale-to-List Ratio," helping you understand the negotiation gap.

Question 17

Do you show all MLS® sold listings for Canon Lake Estates?

Accepted Answer

Our feed captures all MLS® listings sold page data available for Canon Lake Estates. This includes detached homes, condos, and duplexes, ensuring you don't miss any sold real estate listings relevant to your search.

Canon Lake Estates Homes Sold in the Last 30 Days

Canon Lake Estates Sold Data Overview

Recently Sold in Canon Lake Estates

Understanding the Canon Lake Estates Market

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2-Year Market Trends: All Property Types

Negotiation & Cost Insights

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