Wednesday, February 29, 2012

Poway, CA Home Values are in Decline


According to Sandicor MLS: When comparing condominiums sales over the most recent 6 month period with the previous 6 month period the median $/Sqft changed -5%.  When comparing the most recent 6 month period with the same period last year, the median $/Sqft changed -8%.  Based on sales over the past 30 days, there are currently 1 months of housing inventory and the typical marketing time is 22 days.  74% of all sales over the past 6 months had sales restrictions (typically bank or short sales) which is a change of 13% compared with 62% of all sales during the same period last year.


Brian Ward
Poway, CA Home Appraiser
Bankruptcy, Divorce, Estates and More.
m. (760) 636-6777
o. (619) 630-9273
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