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Poway Real Estate Market Snapshot (March-2011)

By
Real Estate Agent with Highland Home Watch CA00865259 AZBR663602000

Poway home loan rates are down approximately 3/8% since cresting in early February.The key metrics below will provide some insight into the Poway single family home, condo/townhome market and a link to the most recent inventory of duplexes, triplexes and fourplexes to come into the market:                              

Poway Single Family Homes

  • March, 2011: Poway Homes for Sale: 294 (Active, contingent, and pending)
  • March, 2011: Poway Months of Inventory: 9.1
  • February, 2011: Poway Median Home Price $478,000; 7% lower than February, 2010
  • February, 2011: Poway Homes Sold: 28; 27% higher than February, 2010

Poway Condos and Townhomes

  • March, 2011: Poway Condos for Sale: 29 (Active, contingent, and pending)
  • March, 2011: Poway Months of Inventory (Condos): 8.4
  • February, 2011: Poway Median Condo Price: $226,000; 18% lower than February, 2010
  • February, 2011: Poway Condos Sold:2; 50% lower than February, 2010

This snapshot is a quick summary from The North county Real Estate Report, a free 23 page real estate market report covering all cities in the North County of San Diego. Feel free to browse the current issue and subscribe to The North County Real Estate Report any time.  

Thank you for reading!

Stephen MacLeod
Poway Realtor®

Highland Realty

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