The Clements Group Market Report

Poway, CA 92064

Single-Family Homes

Berkshire Hathaway HomeServices California Properties | www.ClementsGroupRE.com



Poway, CA 92064

Tue Mar 02 2021
This week the median list price for Poway, CA 92064 is $1,575,000 with the market action index hovering around 73. This is an increase over last month's market action index of 72. Inventory has held steady at or around 25. Click here to stay informed with the Poway market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Poway, CA 92064

Tue Mar 02 2021
This week the median list price for Poway, CA 92064 is $1,575,000 with the market action index hovering around 73. This is an increase over last month's market action index of 72. Inventory has held steady at or around 25. Click here to stay informed with the Poway market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market appears to have begun to cool. As we’re still notably in the Seller’s zone, prices have not yet adjusted. If the market continues to cool, then expect prices to follow lower. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect this condition if the index falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Poway market.
Median List Price $1,575,000
Per Square Foot $496
Days on Market 21
Price Decreased 12%
Price Increased 4%
Relisted 24%
Inventory 25
Median Rent $3,050
Most Expensive $3,750,000
Least Expensive $659,000
Market Action 73
Strong Seller's Market

In this zip code this week saw relatively little price change from last week. However, we continue to demonstrate a nice up trend over the last several weeks.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$2,867,500 6,895 1 - 2.5 acres 6 5 18 1 1 84
$1,894,500 4,835 1 - 2.5 acres 5 5 30 0 2 63
$1,235,000 1,931 1 - 2.5 acres 3 2 55 2 3 7
$745,000 1,387 6,500 - 8,000 sqft 4 1 52 2 2 7