Question 1

What is the median sold price in Canyon Heights?

Accepted Answer

The median sold price in Canyon Heights is $932,000 based on 4 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 Canyon Heights?

Accepted Answer

The average sold price in Canyon Heights is $1,054,000. Note that the average ($1,054,000) is higher than the median ($932,000), which indicates some higher-priced luxury sales pulling up the average.

Question 3

What is the price range for homes in Canyon Heights?

Accepted Answer

Home prices in Canyon Heights range from $877,000 to $1,475,000 based on recent sales data. This $598,000 spread reflects the variety of property types and sizes available, from starter homes to luxury properties.

Question 4

Are homes in Canyon Heights selling above or below asking price?

Accepted Answer

On average, homes in Canyon Heights are selling at 98.7% 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 Canyon Heights?

Accepted Answer

Homes in Canyon Heights are selling in an average of 56 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 Canyon Heights?

Accepted Answer

The average price per square foot in Canyon Heights is $551. 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 $1,102,000.

Question 7

How active is the real estate market in Canyon Heights?

Accepted Answer

The Canyon Heights market has seen 4 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 Canyon Heights?

Accepted Answer

The most common property types selling in Canyon Heights are: detached single family (3 sold, avg $1,113,000), agriculture / farm (1 sold, avg $877,000). Each property type has different price points and characteristics to consider when buying or selling.

Question 9

How much do detached homes cost in Canyon Heights?

Accepted Answer

Detached homes in Canyon Heights are selling for an average of $1,113,000, with 3 sales over the past 2 years.

Question 10

Are home prices rising or falling in Canyon Heights?

Accepted Answer

Home prices in Canyon Heights have decreased by 40.5% over the past 2 years. The average sold price moved from $1,475,000 to $877,000. This downward trend may present buying opportunities for purchasers.

Question 11

Is Canyon Heights a buyer's or seller's market?

Accepted Answer

Based on current data, Canyon Heights is a balanced market. Homes are selling in 56 days on average and at 98.7% of asking price. Both buyers and sellers have reasonable negotiating positions in current conditions.

Question 12

What percentage of homes sell above asking price in Canyon Heights?

Accepted Answer

In Canyon Heights, 0% of homes sold above asking price, while 75% sold below asking. Most homes sell at or below their listed price, giving buyers room to negotiate.

Question 13

What are the average property taxes in Canyon Heights?

Accepted Answer

The average annual property tax in Canyon Heights is $5,886, with a median of $5,230. Property taxes vary based on the assessed value of the home and are an important factor when calculating your total monthly housing costs.

Question 14

What size homes are selling in Canyon Heights?

Accepted Answer

Homes selling in Canyon Heights range from 1,412 to 2,228 square feet. This variety means you can find everything from compact condos and starter homes to spacious family residences and luxury properties.

Question 15

How much do home prices vary in Canyon Heights?

Accepted Answer

Canyon Heights shows relatively consistent pricing with a standard deviation of $247,178 around the average price of $1,054,000. Prices are fairly consistent, making it easier to predict what you'll pay for a home in this area.

Question 16

How do I find out how much a house sold for in Canyon Heights?

Accepted Answer

Simply search our Canyon Heights 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 17

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 Canyon Heights will show you the "Sale-to-List Ratio," helping you understand the negotiation gap.

Question 18

Do you show all MLS® sold listings for Canyon Heights?

Accepted Answer

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

Houses Sold in Canyon Heights — What Buyers Paid

Canyon Heights Sold Data Overview

Recently Sold in Canyon Heights

Canyon Heights Market Insights

All Property Types

2-Year Market Trends: All Property Types

Negotiation & Cost Insights

How does Canyon Heights compare to Rural Red Deer County?

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