Canyon Lake Cash vs. Financed Purchases in Rolling Six Months

Deal of the Week

Deal of the Week · 1582 Valley DR, Canyon Lake TX 78133 · MLS #9580421 · Listed by Realty One Group Prosper. ALEX valuation $221,000 is an ALEX Intelligence estimate, not an appraisal.

Deals of the Week by price quartile. The quartiles come from the last 12 months of closed sales here. Each pick has the top ALEX deal score in its price range. Lower quartile: under $316,000 1582 Valley DR, Canyon Lake TX 78133 · MLS #9580421 Listed at $227,999, 2 bed, 1 bath, 1,120 sq ft. The top-scoring home for sale here this week on price per sq ft, price changes and time on market; 14% under the local price per sq ft; price reduced 5% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1189362690/1582-Valley-DR-Canyon-Lake-TX Lower-middle quartile: $316,000 to $396,000 1720 Rocky Ridge LOOP, Canyon Lake TX 78133 · MLS #8334286 Listed at $387,500, 3 bed, 2 bath, 1,581 sq ft. Listed 2% below the ALEX valuation; price reduced 3% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1183452697/1720-Rocky-Ridge-LOOP-Canyon-Lake-TX Upper-middle quartile: $396,000 to $717,000 1615 Rocky Ridge Loop, Canyon Lake TX 78133 · MLS #6361576 Listed at $419,500, 3 bed, 2 bath, 1,681 sq ft. Listed 2% below the ALEX valuation; price reduced 5% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1185267830/1615-Rocky-Ridge-Loop-Canyon-Lake-TX Upper quartile: $717,000 and up 226 Bobby Clark DR, Canyon Lake TX 78133 · MLS #5685753 Listed at $750,000, 3 bed, 3 bath, 3,002 sq ft. Listed 34% below the ALEX valuation; price reduced 36% from original. See it on alex.realestate: https://www.alex.realestate/listing-detail/1167705574/226-Bobby-Clark-DR-Canyon-Lake-TX

Key figures · Canyon Lake · rolling 6 months ending Oct 31, 2026

46 homes sold in Canyon Lake in the 6 months ending Oct 31, 2026 (up 9.5% on a year earlier).

Median net sale price: $398,625 (down 12.8% on a year earlier).

Median price per square foot: $240.

Median days on market: 74.

Median sale price as a share of the original list price: 95.2%.

97 homes for sale now, about 12.4 months of supply at the pace of the last six months.

Source: Unlock MLS, ABOR-listed sales only, rolling 6 months ending Oct 31, 2026. Single-family homes; prices net of seller-paid concessions, the same figures as the ALEX market statistics pages. Information deemed reliable but not guaranteed.

In the rolling six months ending October 31, 2026, every single home sale in Canyon Lake was financed; zero cash purchases were recorded among the 46 closed transactions. This pattern suggests that local buyers are relying entirely on mortgage financing to acquire property during this period. The median closing price for these financed sales reached $398,625, a 2.3% increase from the prior six-month window and 12.8% lower than the same period last year. With the current 30-year fixed rate at 7.11%, buyers are navigating a market where liquidity is tied directly to loan approval rather than cash availability. ALEX Intelligence analyzed the financing mix across all closed sales in this tier B window. The absence of cash transactions indicates that even higher-value homes in Canyon Lake are being purchased through traditional lending channels. This contrasts with some regional markets where cash buyers often dominate specific price tiers or luxury segments. The median contract-to-close timeline was not available for this dataset, but the reliance on financing highlights the sensitivity of local demand to interest rate fluctuations. With 97 active listings and a 12.38-month supply of inventory, the market remains balanced, with buyers needing mortgage approval to compete for the available stock. The data reflects a market where affordability and loan terms drive purchasing power more than liquid assets. As rates remain near 7.11%, the financing landscape continues to define transaction velocity in Canyon Lake. Want a closer look? Reply or call George at 713.918.9951 and we'll set up a showing. Coverage: most home sales in Canyon Lake are listed in another MLS, which ALEX does not receive yet. The figures in this post count only sales listed in Unlock MLS (ABOR), so they describe part of the local market, not all of it. Data from Unlock MLS. Information deemed reliable but not guaranteed. Model outputs are ALEX Intelligence estimates, not appraisals. Read more Central Texas market data on the ALEX blog: https://alex-companies.com/blog

George Arnold Alexander III, MPA

Partner, ALEX Companies

Associate Broker, Alexander Tiffany Southwest, LLC

Licensed Broker in TX, CO, NC, AL

[email protected] · +1 713.918.9951

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