Published October 4, 2026 in Market Update

Poway inventory is leaner than the national picture

The Real Estate Data Aggregator counted 81 homes for sale in ZIP 92064 during the three months ending July 31, 2026. That is down 42.1% from the same period a year before. For sellers, that means fewer homes competing with yours. For buyers, the friction is choice, not just payment. Get preapproved before you shop.

Realtor.com reported that active listings grew 5.5% year over year nationally, topping 1.16 million homes for sale. Poway moved the opposite direction. Buyers here are shopping a MUCH thinner shelf than the national picture shows.

What sold, and how fast

The Real Estate Data Aggregator counted 126 homes sold in ZIP 92064 in the three months ending July 31, 2026. That is up 23.5% from the same stretch in 2025. The median sale price was $1,257,500, down a small 1.4% from a year before. Prices dipped a little, and more homes still found buyers. That is worth noting.

The Real Estate Data Aggregator found that the median home in Poway went under contract in 21 days. That is 8 days faster than the same period last year. Nearly 4 in 10 homes, 43.5% of them, went under contract within two weeks of listing. Homes that are priced on the bones are moving.

Sellers are getting close to asking

The Real Estate Data Aggregator put the average sale price at 99.7% of list in ZIP 92064. That is up 0.6 points from a year before. And 34.1% of homes sold above list price, up 6.6 points year over year. Not every home got a bidding war, but more did than last year.

The national rate picture adds pressure for buyers

Realtor.com reported that mortgage rates surged above 7% for the first time since January 2025. That matters for anyone financing a $1,257,500 home. The Federal Housing Finance Agency reported U.S. house prices rose 2.6% from July 2025 to July 2026. Poway's small price dip runs against that national grain.

Realtor.com also found that price cuts hit 20.8% of listings nationally in September, the highest share since October 2022. In Poway, sellers averaged 99.7% of list. The local story and the national story are not the same story.

Pending sales say demand is still real

The Real Estate Data Aggregator counted 115 pending sales in ZIP 92064 for the three months ending July 31, 2026. That is up 17.3% from a year before. New listings fell 9.6% over the same stretch. More buyers, fewer listings. That is the math behind 2 months of supply.