FMLS Residential · neighborhood

Big Canoe

Neighborhood series. Most months are too thin for a median. 62 closings in the last 12 months. Use Jasper as the pricing context.

Closed sales through 2026-09. Live inventory is a current snapshot, not the closed month. 47 active · 2 under contract · 4 pending. Total residential listings by status: 53.

Data confidence: Moderate. 62 closings in the last 12 months. Usable if you stay on rolling periods and compare to the parent market.

12-month closings62Enough to sketch a range
12-month median$538,974Volume-weighted, not one month
12-month $/SF$228Better than the median here
Live active476.7 months of supply
12-month DOM3179.5% below list

How to read a neighborhood

A subdivision with a handful of sales a year cannot support the same report as a ZIP or a school. The numbers below are a trailing year, not a monthly market.

  • 62 homes closed here in the last 12 months. That is enough to sketch a price range.
  • Ignore a single month’s median. One luxury sale or one starter home moves it by six figures.
  • Price off Jasper, then adjust for this subdivision’s size, age, and condition.
  • 47 homes are active right now. That live list is more useful than last month’s median. Homes for sale in Big Canoe, Jasper →

Versus the FMLS footprint

Latest closed month only, not the 12-month figure above. The FMLS footprint is the macro context.

Median price+43.0%$565,000 vs $395,000 FMLS-wide
$/SF+19.2%$222 vs $187 FMLS-wide
DOM+94%64 days vs 33 FMLS-wide
Sale/list-3.8 pts95.1% vs 98.8%
Buyer-leaning

6.7 months of supply on last month’s pace (47 active ÷ 7 closings). 9.1 months on the trailing-12 pace (average 5 closings a month). These are different windows.Buyers have more room, especially on homes that have sat past 30 days. 100.0% of last month’s closings were below list.

Homes for sale in Big Canoe, Jasper →

How homes actually closed

Based on 7 closings. One sale moves these percentages by 14 points. Read the direction, not the exact share.

Above list0.0%More than 1% over list
At list0.0%Within 1% of list
Below list100.0%More than 1% under list
Price reduced42.9%Original list higher than final

Leading signals

These move before closed prices. Use them to see if the next 30–60 days look tighter or looser than last month’s closings.

Pending / (active + under contract)0.084 pending ÷ 49 (active + under contract)
New / closed1.8613 listed in 30 days vs 7 closed
Loosening

More homes are coming on than are selling. If pendings do not pick up, sellers lose leverage.

If you own in Big Canoe

Moderate confidence. 62 closings in the last 12 months.

  • Your subdivision is a competitive set, not a market index. The trailing-year median is $538,974.
  • Start with Jasper, then adjust for lot, size, age, and condition.
  • 47 homes are competing with yours right now. That live list matters more than last month’s median. Homes for sale in Big Canoe, Jasper →
  • Homes that sold in the last year took about 31 days. If you list, price to the 12-month $/SF ($228), not a single recent sale.

What this means if you are listing in Big Canoe

  • Price to the 12-month median and $/SF ($538,974, $228), not last month and not the FMLS-wide number. Then check it against Jasper.
  • 6.7 months of supply on last month’s pace. Homes that sold in the last year took about 31 days. Longer than the 12-month DOM usually means the price is high.
  • 79.5% of the last 12 months’ closings were below list. 30.8% had already reduced. Read that as a year, not as last month’s three sales.
  • The live list is the competition. Homes for sale in Big Canoe, Jasper →

What this means if you are making an offer

  • Supply is elevated at 6.7 months. You have room, especially on homes past 31 days.
  • 30.8% of the last year’s closings had already reduced. That is where the negotiation is.
  • Do not use the FMLS-wide median. Start with Jasper, then this subdivision’s 12-month $/SF.
  • Last month had 7 closings. One sale does not make a market. Confirm on the live list. Homes for sale in Big Canoe, Jasper →

Live inventory mix

Current listings by price band and property type. Where the competition actually is right now.

Price bands

BandListedShare
Under $300k23.8%
$300–500k2139.6%
$500–750k1732.1%
$750k–1M59.4%
$1M+815.1%

Property types

TypeListedMedian ask
Single Family Residence48$549,950
Condominium4$354,500
Townhouse1$399,000

47 active, 2 under contract, 4 pending. 13 new in the last 30 days.

Median close price

2021-10 – 2026-09
2021-102026-09

Monthly series

Most recent months first. Medians require at least 5 closings in the month.

MonthClosedMedian$/SFDOMSale/listBelowReduced
Sep 20267$565,000$2226495.1%100.0%42.9%
Aug 20268$550,750$2453797.6%62.5%37.5%
Jul 20263——————
Jun 20264——————
May 20268$558,000$2083097.2%87.5%25.0%
Apr 20262——————
Mar 20264——————
Jan 20262——————
Dec 20254——————
Nov 20254——————
Oct 20256$557,500$2351696.1%83.3%16.7%
Sep 202510$485,000$2301497.0%70.0%30.0%
Aug 20254——————
Jul 20252——————
Jun 20254——————
May 20254——————
Apr 20254——————
Mar 20258$483,500$2635095.8%100.0%37.5%
Feb 20253——————
Jan 20251——————
Dec 20246$755,000$2106597.7%66.7%50.0%
Oct 20245$594,000$1915097.2%100.0%60.0%
Sep 20244——————
Aug 20241——————

Below = closed under 99% of list. Reduced = original list higher than final list.

Related markets

Jasper city trends →

Homes for sale in Big Canoe, Jasper → · ← FMLS report