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 | $617,292 | $493,750 | 666 | 49 | 96.7% | 9.6% | 12.2% | 5.7% |
| 2004 | $798,623 | $630,000 | 624 | 38 | 96.9% | 29.4% | 27.6% | -6.3% |
| 2005 | $836,165 | $605,000 | 527 | 51 | 95.9% | 4.7% | -4.0% | -15.5% |
| 2006 | $863,264 | $650,000 | 473 | 60 | 95.2% | 3.2% | 7.4% | -10.2% |
| 2007 | $818,505 | $648,500 | 384 | 66 | 95.3% | -5.2% | -0.2% | -18.8% |
| 2008 | $687,029 | $485,000 | 337 | 67 | 95.9% | -16.1% | -25.2% | -12.2% |
| 2009 | $614,005 | $472,500 | 374 | 73 | 97.5% | -10.6% | -2.6% | 11.0% |
| 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 | $314,352 | $308,000 | 111 | 27 | 97.8% | 18.6% | 15.4% | 13.3% |
| 2004 | $397,858 | $400,000 | 89 | 20 | 98.9% | 26.6% | 29.9% | -19.8% |
| 2005 | $412,779 | $420,000 | 89 | 40 | 97.4% | 3.8% | 5.0% | 0.0% |
| 2006 | $409,142 | $415,000 | 71 | 51 | 96.5% | -0.9% | -1.2% | -20.2% |
| 2007 | $382,018 | $400,000 | 51 | 59 | 96.2% | -6.6% | -3.6% | -28.2% |
| 2008 | $298,142 | $310,000 | 47 | 81 | 97.4% | -22.0% | -22.5% | -7.8% |
| 2009 | $241,276 | $215,000 | 53 | 72 | 98.3% | -19.1% | -30.6% | 12.8% |
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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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