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Wednesday, April 16, 2014

Pick City: Poway

Poway - Week of April 13th, 2014

Single Family Homes




This Week

The median list price in POWAY, CA this week is $874,950. The 108 properties have been on the market or an average of 91 days.

The Market Action Index has been climbing lately while days-on-market are trending down, these point to a positive near-term outlook for the market.

Supply and Demand

While the Market Action Index shows some strengthening in the last few weeks, prices have not seemed to move from their plateau. Should the upward trend in sales relative to inventory continue, expect prices to resume an upward climb in tandem with the MAI.




Median Price


The market appears to be hovering around this plateau. Look for a persistent change in the Market Action Index before we see prices deviate significantly from here.


Inventory of Properties Listed for Sale

Inventory has been relatively steady around these levels in recent weeks.


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Data Provided by and Copyright Altos Research LLC

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