September 2022

Hot hot hot! Canola Park, from statistics, is a major sellers market. There is currently only 10 active listings at a median price of $689,950. The median price per square foot comes in at $546. 
 

Homes on this market do not sit for too long! A total of 7 homes were sold at a median price of $660,000. The average days on the market is roughly about 18 days! 
 

When considering absorption rate we can clearly see that this market is the pure definition of a sellers market. To get this rate, we take the amount of homes sold and divide them by the amount of homes currently active on the market. This gives us a whopping 70% absorption rate! 
 

 

SER Dagkesen Property Group

SER Dagkesen Property Group

JohnHart Real Estate

DRE - 01934924
Direct - 818.534.7376, Office - 818.246.1099

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