Single-Family Homes
Mon Feb 06 2023
This week the median list price for Poway, CA is $1,299,000 with the market action index hovering around 45. This is an increase over last month's market action index of 41. Inventory has decreased to 33.
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
The market has begun to heat up in recent weeks. We’re already in a Seller’s market and not surprisingly prices are showing evidence of moving up along with the lower levels of inventory.
Median List Price | $1,299,000 | |
Median Price of New Listings | $1,107,450 | |
Per Square Foot | $607 | |
Average Days on Market | 78 | |
Median Days on Market | 49 | |
Price Decreased | 36% | |
Price Increased | 3% | |
Relisted | 24% | |
Inventory | 33 | |
Median Rent | ||
Market Action | 45 | |
Strong Seller's Market |
Each segment below represents approximately 25% of the market ordered by price.
Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
---|---|---|---|---|---|---|---|---|
$3,940,000 | 6,290 | 1 - 2.5 acres | 5 | 5.5 | 20 | 1 | 2 | 105 |
$1,622,499 | 3,008 | 0.5 - 1 acre | 4 | 3.3 | 30 | 1 | 4 | 35 |
$1,090,999 | 2,005 | 8,000 - 10,000 sqft | 4 | 2 | 50 | 2 | 2 | 17 |
$750,000 | 1,288 | 6,500 - 8,000 sqft | 4 | 2 | 57 | 2 | 2 | 77 |