In March 2017, there were 24 homes sold, with a median sale price of $406,000 - a 7.5% increase over the $377,500 median sale price for the same period of the previous year. There were 24 homes sold in Canyon Lake in March 2016, as well.
The median sales tax in Canyon Lake for the most recent year with available data, 2016, was $3,562, approximately 0.9% of the median home sale price for March 2017.
The following table compares Canyon Lake to other Riverside County cities with similar median sales prices in March 2017:
| City | Mar. 2017 Home Sales | Mar. 2016 Home Sales | % change (Total Home Sales) | Mar. 2017 Median Sales Price | Mar. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Mira Loma | 23 | 12 | 91.7% | $497,000 | $395,000 | 25.8% |
| Rancho Mirage | 104 | 58 | 79.3% | $472,500 | $539,000 | -12.3% |
| Corona | 291 | 247 | 17.8% | $455,000 | $439,000 | 3.6% |
| Temecula | 209 | 194 | 7.7% | $430,000 | $415,000 | 3.6% |
| La Quinta | 178 | 142 | 25.4% | $426,000 | $347,750 | 22.5% |
| Canyon Lake | 24 | 24 | 0% | $406,000 | $377,500 | 7.5% |
| Murrieta | 202 | 225 | -10.2% | $393,500 | $365,000 | 7.8% |
| Winchester | 47 | 48 | -2.1% | $391,000 | $374,500 | 4.4% |
| Palm Springs | 169 | 163 | 3.7% | $390,000 | $390,000 | 0% |
| Wildomar | 34 | 28 | 21.4% | $380,000 | $344,000 | 10.5% |
| Calimesa | 17 | 17 | 0% | $357,500 | $360,000 | -0.7% |
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