eXp Realty's Market Report

Poway, CA 92064

Single-Family Homes

Serving San Diego & Riverside Counties



Poway, CA 92064

Thu Sep 21 2023
This week the median list price for Poway, CA 92064 is $1,999,000 with the market action index hovering around 53. This is less than last month's market action index of 56. Inventory has increased to 39. 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 consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Poway, CA 92064

Thu Sep 21 2023
This week the median list price for Poway, CA 92064 is $1,999,000 with the market action index hovering around 53. This is less than last month's market action index of 56. Inventory has increased to 39. 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 consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Real-Time Market Profile

Never miss important changes in the Poway market.
Median List Price $1,999,000
Median Price of New Listings $1,174,900
Per Square Foot $662
Average Days on Market 59
Median Days on Market 42
Price Decreased 26%
Price Increased 8%
Relisted 21%
Inventory 39
Median Rent
Market Action 53
Strong Seller's Market

Again this week we see a downward notch for prices in this zip code. Pricing has been weak recently and versus their absolute-high level. At this point, we will be looking for a persistent upward shift in the Market Action Index as a leading indicator for a trough in prices.

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
$4,999,000 7,760 5 - 10 acres 5 6.5 19 0 1 56
$2,844,500 4,960 1 - 2.5 acres 5 4.4 32 1 2 70
$1,325,000 1,948 0.5 - 1 acre 3 2.3 44 5 5 7
$959,000 1,290 6,500 - 8,000 sqft 3 2 55 3 2 14