In October 2020, there were 35 homes sold, with a median sale price of $569,500 - a 18.1% increase over the $482,250 median sale price for the same period of the previous year. There were 34 homes sold in Canyon Lake in October 2019.
The median sales tax in Canyon Lake for the most recent year with available data, 2019, was $4,069, approximately 0.7% of the median home sale price for October 2020.
The following table compares Canyon Lake to other Riverside County cities with similar median sale prices in October 2020:
| City | Oct. 2020 Home Sales | Oct. 2019 Home Sales | % change (Total Home Sales) | Oct. 2020 Median Sales Price | Oct. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Indian Wells | 46 | 19 | 142.1% | $789,500 | $810,000 | -2.5% |
| Norco | 28 | 35 | -20% | $709,500 | $577,000 | 23% |
| Rancho Mirage | 119 | 55 | 116.4% | $600,000 | $650,000 | -7.7% |
| Corona | 252 | 259 | -2.7% | $579,000 | $526,000 | 10.1% |
| Bermuda Dunes | 15 | 11 | 36.4% | $572,000 | $380,000 | 50.5% |
| Canyon Lake | 35 | 34 | 2.9% | $569,500 | $482,250 | 18.1% |
| La Quinta | 193 | 116 | 66.4% | $560,000 | $420,000 | 33.3% |
| Homeland | 2 | 3 | -33.3% | $555,000 | $498,000 | 11.4% |
| Mira Loma | 12 | 13 | -7.7% | $555,000 | $459,000 | 20.9% |
| Temecula | 220 | 177 | 24.3% | $539,500 | $470,000 | 14.8% |
| Winchester | 48 | 59 | -18.6% | $522,500 | $395,000 | 32.3% |
Alerts Sign-up