Located in the heart of beautiful San Diego County, Poway is a town with approximately 50,000 residents who enjoy a warm, mild climate, low pollution, a top-performing school district and the lowest crime rate in San Diego County. The town is carefully planned to promote growth and expansion while providing a high quality of life.(more)
Thanks to its combination of urban amenities and rural charm, Poway has distinguished itself as the "City in the Country." This family-oriented community offers a wide variety of housing, abundant recreational opportunities and convenient shopping. Industries that provide employment in Poway include educational, health and social services, manufacturing, professional, scientific, management, administrative and waste management services and retail trade. Students in grades K-12 attend the excellent schools of the Poway Unified School District. Several colleges and universities ? including San Diego State University, which is less than a 30-minute drive away ? are in proximity for those who wish to attain a degree of higher education.
Characterized by lush, mature landscaping and rolling foothills, the town offers miles of hiking, riding and jogging trails, over 3,000 acres of dedicated open space and many recreational facilities, including Lake Poway and the Blue Sky Ecological Reserve. The city also has a unique historic village within Old Poway Park, housing old and restored buildings and hosting many special events. Businesses and frequent travelers alike benefit from Poway's proximity to San Diego's port and international airport, both only minutes away. Real estate options in Poway consist of single-family detached homes, estate properties, condominiums and townhouses.
Prices of Real Estate & Homes
Residents of this affluent family-oriented community enjoy lots of open space, trees and mature landscaping. A limited selection of condominiums and townhouses in Poway can be found starting at $240,000. Prices for single-family homes in Poway start at $500,000. Large lovely homes with spacious lots, swimming pools, and scenic city lights and hill views can be purchased in the high $800,000s. Magnificent estate properties with multiple fireplaces and gorgeous greenbelt views are priced from just above $1 million to more than $12 million for luxury estates in gated communities and with spas.
Poway Real Estate Stats and Trends for the week of April 4th, 2020: homes priced around $748,167 compared to $764,364 the previous week, showing a decrease of less than -2%. For Saturday, April 4th, the current national mortgage rate for a 30 year fixed mortgage is 4.51%; the 15 year fixed rate is at 3.90%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.41%, while the 15 year jumbo rate currently is at 4.12%.