Justin Tye

West Covina, CA

Single-Family Homes

Active Realty I REAL



West Covina, CA

Fri May 24 2024
This week the median list price for West Covina, CA is $999,000 with the market action index hovering around 65. This is less than last month's market action index of 67. Inventory has decreased to 33. Click here to stay informed with the West Covina market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

West Covina, CA

Fri May 24 2024
This week the median list price for West Covina, CA is $999,000 with the market action index hovering around 65. This is less than last month's market action index of 67. Inventory has decreased to 33. Click here to stay informed with the West Covina market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the West Covina market.
Median List Price $999,000
Median Price of New Listings $879,900
Per Square Foot $562
Average Days on Market 93
Median Days on Market 42
Price Decreased 9%
Price Increased 9%
Relisted 3%
Inventory 33
Median Rent
Market Action 65
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$1,899,950 4,201 0.5 - 1 acre 5 6 41 0 1 66
$1,370,000 2,556 0.25 - 0.5 acre 4 3.5 58 2 3 70
$919,443 1,522 8,000 - 10,000 sqft 3 2 66 2 1 10
$795,000 1,396 6,500 - 8,000 sqft 3 2 61 3 5 7