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.

Balanced Market7.8 mo supply — Balanced

In Jul, 4 homes sold across Canyon Springs at an average price of $626,625 — up 17.1% from the prior month. Properties averaged 32 days on market.

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$974Kavg price · last month
Feb6-month avg price trend · MLS®Jul
4
Homes Sold
last 30 days
$627K
Avg Sold Price
last 30 days · sold properties
32d
Avg Days on Market
last 30 days · listed to sold
31
Active Inventory
live MLS · updated every 5 min
7.8 mo
Months of Supply
current absorption rate
View Homes For SaleRecently SoldFree Home EvaluationMonthly Reports →
3-Year Price Trend
$974K
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$1.13M$564,500+14.0%Strong Seller's Market
Condos$459K$177,060-12.8%Balanced Market
Market Insight

Condos are the most accessible entry point in Canyon Springs, currently averaging $459,167 — well below the cost of a detached home.

Townhouses have appreciated the most over the past year at +14.0%, while Condos saw the weakest movement at -12.8%.

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?

MetricJul · Last 30 daysJunJun (LY)
Homes Sold7+133.3%35
Avg Sold Price$974K+17.1%$832K$712K
Avg Days on Market37d+32.1%28d26d

By Property Type

All property types
Property Type
TypeSold (30d)Avg SoldAvg DOMActiveMarket
Apartment3$459,16742d19Balanced Market
House0N/A0d10Buyer's Market
Townhouse1$1,129,0003d2Strong 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 $1,129,000 in Canyon Springs. 1980s homes sell the fastest — avg 3 days on market. Prices fell 59% from 1980s to 1990s.
Avg Sold PriceAvg Days on Market
$1,129,000$459,1673d42d1980s1990s
1 sold3 sold

By Bathroom Count

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

1 bath2 sold
48d$423,750
2 baths1 sold
30d$530,000
4 baths1 sold
3d$1,129,000

Frequently Asked Questions — Canyon Springs Market

Is Canyon Springs a buyer's or seller's market right now?+
Canyon Springs is currently a balanced market. The absorption rate — the pace at which active listings are being absorbed by buyers — points to roughly balanced conditions between buyers and sellers. There are 31 active listings and 4 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 $626,625, 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 12.9%, sitting in balanced market territory (12–20%). Neither buyers nor sellers hold a strong advantage — homes are selling at a measured pace and sale prices tend to land close to the asking price.
How long do homes stay on the market in Canyon Springs?+
Homes in Canyon Springs are selling in an average of 32 days on market. Properties that are priced correctly and presented well tend to attract offers faster, sometimes within the first week of listing.
What types of properties sell fastest in Canyon Springs?+
Among all property types tracked, Apartment properties are currently selling fastest in Canyon Springs with an average of 42 days on market. Apartment listings also represent some of the strongest demand, with 3 sales in the last 30 days.
What is the average price of a house, townhouse, and condo in Canyon Springs?+
Townhouses average $1,129,000. Condos average $459,167. 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 +14.0% 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?+
4 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 7.8 months reflects a balanced market.
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Canyon Springs Real Estate Market — Live Stats & Monthly Reports | Nav Shahram | Nav Shahram & Reza Hedayat