Is Poway, CA a buyer’s or seller’s market?

Housing Market Conditions



Gauge showing Poway is a seller's market


Difference Since November 2022

Since last year, Poway has remained a Seller's Market.

Key Takeaway

Poway is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Housing Prices in Poway, CA

How much do homes in Poway, CA cost?

Median Sold Price



Based on all homes sold in the last 12 months.

Difference Since November 2022


Key Takeaway

Homes in Poway have sold for 2.6% more than they did a year ago.

Summary: The median home sold price in Poway was $1,107,500 in November 2023, up 2.6% from last year, and the median price per square foot was $587.

Median Sold Price By Bedroom Count

# BEDSNov 2022Nov 2023CHANGE
1 --
2 $665K$660K
3 $900K$897.5K
4 $1.2M$1.2M
5+ $1.8M$1.9M

Summary: Poway housing prices by bedroom type for November 2023 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 0.8%, 3 bedroom homes decreased by 0.3%, 4 bedroom homes decreased by 0.6%, and 5+ bedroom homes increased by 4.9%.

Median Sold Price Compared To Nearby Cities

San Diego

Housing Supply in Poway, CA

How many homes are available in Poway, CA?

Number of Homes For Sale

Oct 2023Nov 2023CHANGE

Summary: The Poway real estate market had 75 homes for sale in November 2023, a 9.6% decrease compared to October 2023.

Homes For Sale By Bedroom Count

# BEDSOct 2023Nov 2023CHANGE
1 00
2 67
3 2619
4 2728
5+ 2421

Summary: The Poway housing inventory by bedroom type for November 2023 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes decreased by 26.9%, 4 bedroom homes increased by 3.7%, and 5+ bedroom homes decreased by 12.5%.

Number of Homes Sold

Oct 2023Nov 2023CHANGE

Asking Price vs. Sold Price

10 Homes Were Sold
Under Asking

4 Homes Were Sold
At Asking

10 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Poway, you may be able to get a good deal. 41.7% of homes here sold below asking price last month.

Summary: A total of 24 homes were sold or pending in Poway in November 2023, down by 29.4% month-over-month. Of the 24 sold homes, 42% were sold under asking, 17% were sold at asking, and 42% were sold over asking.

Days on Market for Poway, CA

How long does it take to sell a home in Poway, CA?

Average Sale Time

Nov 2022Nov 2023CHANGE
26 Days15 Days-42.4%

Summary: Homes in Poway had an average of 15 days on market in Nov 2023, down by 42.4% compared to last year.

Breakdown of Home Sale Times

21 Homes Were Sold
Under 30 Days

3 Homes Were Sold
In 30 - 90 Days

0 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Many homes in Poway are selling fast, if you're buying plan to act quickly.

Summary: During November 2023, 24 homes were sold in Poway; 88% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 9 Days Ago

Newest Listings in Poway, CA

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