The Clements Group Market Report

Poway, CA 92064

Single-Family Homes

Berkshire Hathaway HomeServices California Properties | www.ClementsGroupRE.com



Poway, CA 92064

Sat Jul 31 2021
This week the median list price for Poway, CA 92064 is $1,247,445 with the market action index hovering around 85. This is less than last month's market action index of 87. Inventory has increased to 44. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Poway, CA 92064

Sat Jul 31 2021
This week the median list price for Poway, CA 92064 is $1,247,445 with the market action index hovering around 85. This is less than last month's market action index of 87. Inventory has increased to 44. 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

The market has been cooling off a bit in recent weeks, as more homes are available and demand is less. We’re already seeing prices move lower as a result, though the market is still in the Seller’s zone. Expect this trend to continue especially if the index falls to the Buyer’s zone. Watch for a persistent up-turn in Market Action to signal prices rising again.

Real-Time Market Profile

Never miss important changes in the Poway market.
Median List Price $1,247,445
Median Price of New Listings $874,888
Per Square Foot $539
Average Days on Market 88
Median Days on Market 11
Price Decreased 14%
Price Increased 11%
Relisted 11%
Inventory 44
Median Rent $3,295
Market Action 85
Strong Seller's Market

Prices in this zip code have been on a downward trend recently and this week, while essentially flat, doesn't break us out of that cycle.

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
$2,699,000 4,560 2.5 - 5 acres 5 4 22 1 1 28
$1,500,000 2,962 0.5 - 1 acre 4 2 42 3 1 7
$1,100,000 2,068 0.25 - 0.5 acre 4 2 45 3 4 7
$750,000 1,243 6,500 - 8,000 sqft 3 1 52 6 3 7