The Clements Group Market Report

Poway, CA 92064

Single-Family Homes

Berkshire Hathaway HomeServices California Properties | www.ClementsGroupRE.com



Poway, CA 92064

Fri Oct 15 2021
This week the median list price for Poway, CA 92064 is $1,886,650 with the market action index hovering around 69. This is less than last month's market action index of 73. Inventory has decreased to 30. 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 conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Poway, CA 92064

Fri Oct 15 2021
This week the median list price for Poway, CA 92064 is $1,886,650 with the market action index hovering around 69. This is less than last month's market action index of 73. Inventory has decreased to 30. 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 conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the Poway market.
Median List Price $1,886,650
Median Price of New Listings $995,000
Per Square Foot $601
Average Days on Market 114
Median Days on Market 25
Price Decreased 33%
Price Increased 0%
Relisted 20%
Inventory 30
Median Rent $3,600
Market Action 69
Strong Seller's Market

The market for this zip code continues its bounce again this week. We're a long way from the market's high point so watch the Market Action Index to predict how long this trend will last.

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
$2,785,000 6,470 2.5 - 5 acres 6 6 18 1 1 105
$2,099,000 4,157 1 - 2.5 acres 5 4 29 1 3 28
$1,375,000 1,810 0.25 - 0.5 acre 3 2 47 4 8 21
$774,000 1,089 6,500 - 8,000 sqft 3 1 49 5 7 0