Poway Real Estate Market Snapshot (February-2011)
The week closed upward six basis points-1BP=1/100%-for the delivery rate, the basis of most fixed rate loans in the US. 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
- February, 2011: Poway Homes for Sale: 280 (Active, contingent, and pending)
- February, 2011: Poway Months of Inventory: 8.8
- January, 2010: Poway Median Home Price $523,000; 37% higher than January, 2009
- January, 2010: Poway Homes Sold: 25; 14% higher than January, 2009
Poway Condos and Townhomes
- February, 2011: Poway Condos for Sale: 26 (Active, contingent, and pending)
- February, 2011: Poway Months of Inventory (Condos): 7.7
- January, 2010: Poway Median Condo Price: $290,000; 4% higher than January, 2009
- January, 2010: Poway Condos Sold: 3; 200% higher than January, 2009
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
Highland Realty
Poway Broker
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