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Poway CA Real Estate Market Snapshot (March-2013)

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Real Estate Agent with Highland Home Watch CA00865259 AZBR663602000

Poway CA Real Estate Market Snapshot (March-2013)

Greetings, welcome back to my market update on local Poway real estate for March, 2013. The market is really heating up and inventory is low. Could this the begining of a new housing bubble? Stay tuned. The key metrics below will provide some insight into the Poway single family home and condo/townhome market:

Poway Single Family Homes

  • March, 2013: Poway Homes for Sale: 181 (Active, contingent, and pending)
  • March, 2013: Poway Months of Inventory: 4.4
  • February, 2013: Poway Median Home Price: $532,000 ; 18% higher than February, 2012
  • February, 2013: Poway Homes Sold: 22 ; 15% lower than February, 2012

Poway Condos and Townhomes

  • March, 2013: Poway Condos for Sale: 22 (Active, contingent, and pending)
  • March, 2013: Poway Months of Inventory (Condos): 4.3
  • February, 2013: Poway Median Condo Price: $280,000 ; 37% higher than February, 2012
  • February, 2013: Poway Condos Sold: 5 ; 29% lower than February, 2012

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
Broker/Owner dre00865259
Poway Realtor®
Highland Realty
858.472.5224

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