Justin Tye

Poway, CA

Single-Family Homes

Active Realty I REAL



Poway, CA

Fri May 24 2024
This week the median list price for Poway, CA is $2,179,000 with the market action index hovering around 71. This is less than last month's market action index of 74. Inventory has increased to 31. 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 started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Poway, CA

Fri May 24 2024
This week the median list price for Poway, CA is $2,179,000 with the market action index hovering around 71. This is less than last month's market action index of 74. Inventory has increased to 31. 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 started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Poway market.
Median List Price $2,179,000
Median Price of New Listings $1,999,500
Per Square Foot $689
Average Days on Market 58
Median Days on Market 21
Price Decreased 13%
Price Increased 10%
Relisted 13%
Inventory 31
Median Rent
Market Action 71
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

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
$3,855,000 6,114 10 - 20 acres 6 6 18 0 0 42
$2,620,450 3,833 2.5 - 5 acres 4 4.5 20 2 3 52
$1,999,250 2,969 1 - 2.5 acres 4 3 45 4 2 14
$1,114,500 1,756 8,000 - 10,000 sqft 4 2.3 56 3 5 10