Poway Annual Real Estate Market Trends
| Poway | ||||||||
| (Single Family Homes) | ||||||||
| Prices | Other | Percent Change | ||||||
| Average | Median | Sold | DOM | SP/LP | Average | Median | Sold | |
| 1998 | $356,857 | $273,000 | 623 | 40 | 96.3% | |||
| 1999 | $403,619 | $322,750 | 650 | 44 | 95.9% | 13.1% | 18.2% | 4.3% |
| 2000 | $493,655 | $352,000 | 581 | 36 | 96.0% | 22.3% | 9.1% | -10.6% |
| 2001 | $532,327 | $368,000 | 569 | 51 | 95.0% | 7.8% | 4.5% | -2.1% |
| 2002 | $563,393 | $440,000 | 630 | 48 | 95.3% | 5.8% | 19.6% | 10.7% |
| 2003 | $629,676 | $500,000 | 626 | 48 | 96.2% | 11.8% | 13.6% | -0.6% |
| 2004 | $813,259 | $640,000 | 606 | 38 | 95.9% | 29.2% | 28.0% | -3.2% |
| 2005 | $853,772 | $620,000 | 513 | 51 | 94.8% | 5.0% | -3.1% | -15.3% |
| 2006 | $883,601 | $660,000 | 449 | 59 | 94.2% | 3.5% | 6.5% | -12.5% |
| 2007 | $831,985 | $653,000 | 376 | 65 | 94.4% | -5.8% | -1.1% | -16.3% |
| Poway | ||||||||
| (Condominiums) | ||||||||
| Prices | Other | Percent Change | ||||||
| Average | Median | Sold | DOM | SP/LP | Average | Median | Sold | |
| 1998 | $142,489 | $148,950 | 66 | 36 | 98.2% | |||
| 1999 | $160,031 | $167,000 | 101 | 28 | 98.6% | 12.3% | 12.1% | 53.0% |
| 2000 | $202,361 | $210,000 | 85 | 29 | 98.0% | 26.5% | 25.7% | -15.8% |
| 2001 | $225,040 | $230,000 | 77 | 41 | 97.3% | 11.2% | 9.5% | -9.4% |
| 2002 | $265,048 | $266,950 | 98 | 24 | 97.9% | 17.8% | 16.1% | 27.3% |
| 2003 | $315,867 | $314,000 | 106 | 27 | 97.6% | 19.2% | 17.6% | 8.2% |
| 2004 | $397,821 | $400,000 | 84 | 21 | 98.9% | 25.9% | 27.4% | -20.8% |
| 2005 | $409,890 | $420,000 | 84 | 39 | 95.8% | 3.0% | 5.0% | 0.0% |
| 2006 | $409,287 | $415,000 | 70 | 51 | 96.4% | -0.1% | -1.2% | -16.7% |
| 2007 | $382,018 | $400,000 | 51 | 60 | 96.0% | -6.7% | -3.6% | -27.1% |
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DEFINITIONS
- Median Price
- Median Price is the price at which 50% of properties sold were above that price and 50% were below.
- Average Price
- Average Price is the sum of all prices divided by the number of sales.
- DOM
- Average Days on Market is calculated from when a property was first put on the market until it was put under contract, or taken off the market.
- SP/LP
- The average selling price divided by the average list price.
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