2019 Canyon Park Home Sales & My Outlook for 2020
Market value for a standard three bedroom, one bathroom "Freedom Home" with few to no upgrades jumped above $800,000 during 2019. 910 Dogwood was in need of upgrading throughout and sold for a mouth-watering $804,500. Dogwood has become one of the nicest streets in the neighborhood, which certainly played a role in this sale. With interest rates hovering around 4% and inventory incredibly low, I predict this base price will continue to hold strong in 2020. There’s an abundance of first time buyers and move-up condo buyers who love our little secret by the bluffs, and when they compare prices to east side Costa Mesa, or even red-hot College Park, Canyon Park looks like a steal.
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