78133 Housing Market: Stats & Trends

How does the housing market look in 78133? Take a look at up-to-date home sale trends like the latest home sale prices, new listings, and more.

Median Sale Price

$420,000

8%

New Listings

79

19%

Number of Homes Sold

25

19%

Median Days on Market

115

259%

Market Overview

In the last 30 days, homes for sale in 78133, Canyon Lake, TX sold for a median price of $420,000, up 7.9% compared to the same period last year. The median price per square foot was $232.68, down 0.4% year-over-year. There were 25 homes sold, up from 21 last year.

What does this mean?

The median sale price helps you understand how much you should expect to spend on a home in a market. The higher the median price of the homes, the more expensive the market is overall. The rate at which home prices change is an indicator of whether homes are becoming more or less affordable in that market. Learn more about buying a home.

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Housing Supply

Yesterday, the total number of homes for sale in 78133, Canyon Lake, TX was 513, up 3% compared to last year. In the last 30 days, 79 new homes were listed for sale, down 19.4% year-over-year. The median days on market was 115, up from 32 days last year. The months of supply was 19.28, down from 20.57 months last year.

What does this mean?

The number of homes that are available for sale in a market tells you how much choice you have. The rate at which this number changes indicates whether the number of options are increasing or decreasing for buyers. Learn more about buying in a hot market.

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Housing Demand

In the last 30 days, homes in 78133, Canyon Lake, TX had a median sale-to-list-price ratio of 90.29%, down 1.4 pt compared to the same period last year. 12% of homes sold above list price, up 12 pt year-over-year. 60% of homes listed dropped in price, up 12.4 pt from last year.

What does this mean?

Sale-to-list price tells you how much you may have to pay over the asking price to buy the home you want. When this number is above 100%, you may need to pay more than the asking price for the home you want.