Canyon Springs has started off the year with dramatic increases in both the average and median home sales price.
The area also saw an increase in home sales while seeing an increase in the number of days that homes that sold spent on the market.
These communities have also seen the number of homes sold during the first month of 2014 compared to January 2013, increase by 33percent.
The average sales price saw an increase of 49 percent when compared to 2013 prices for the same time period while the median sales price was up 96 percent.
Currently there are 62 homes for sale in Canyon Springs.
The prices range from $189,950 for a 3 bedroom, 1700 sqft home all the way to $794,875 for a 5 bedroom, 4800 sqft home.
Canyon Springs January Home Sales
Canyon Springs seen 8 homes that sold during the month of January.
The homes that sold ranged from 3 bedroom, 1700 sqft homes all the way to 6 bedroom homes of over 4700 sqft.
Canyon Springs January Home Sale Prices
Home sale prices during the month of January in Canyon Springs, ranged from a low of $189,700 to a top price of over $748,586.
For the month, the average sale price is $469,848, an increase of 49 percent from last January, and the median sales price of $432,000, up 96 percent from 2013.
Canyon Springs January Days on Market and Absorption Rate
Home sold days on market during the month of January in Canyon Springs, ranged from a low of 40 days on market to a high of over 882 days on market.
For the month, the average days on market is 320, up almost 4 times what it was last January, and the median days on market of 217, an increase of almost 300 percent from last year.
Canyon Springs Home Sales by Number of Bedrooms
3 Bedroom Size: 1883 Sqft 2 sold in 2014
Average Sales Price: $204,350 Median Sales Price: $204,350
4 Bedroom Size: 4084 Sqft 3 sold in 2014
Average Sales Price: $498,167 Median Sales Price: $470,000
5 Bedroom Size: 4080 Sqft 2 sold in 2014
Average Sales Price: $553,5007 Median Sales Price: $553,500
6 Bedroom Size: 4700 Sqft 1 sold in 2014
Average Sales Price: $748,586 Median Sales Price: $748,586
Canyon Springs Current Listings
The data relating to real estate on this website comes in part from the Internet Data Exchange (IDX) Program of the San Antonio Board of REALTORS®. IDX information is provided exclusively for consumers' personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All Information Is Deemed Reliable But Is Not Guaranteed Accurate.
What do you think?
Is there any other information you would like? What are your thoughts on how the real estate market is doing in Canyon Springs? Please let me know what they are in the comments.