Justin Tye

West Covina, CA

Single-Family Homes

Active Realty I REAL



West Covina, CA

Thu Jun 20 2024
This week the median list price for West Covina, CA is $1,269,444 with the market action index hovering around 63. This is less than last month's market action index of 64. Inventory has increased to 38. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

West Covina, CA

Thu Jun 20 2024
This week the median list price for West Covina, CA is $1,269,444 with the market action index hovering around 63. This is less than last month's market action index of 64. Inventory has increased to 38. 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

Market conditions have been consistently cooling in the past several weeks. Because we’re still in the Seller’s zone, prices have not yet begun to drop. It may take a few more weeks of slack demand for prices to reflect and begin to fall. Expect prices to fall if the index persistently falls to the Buyer’s zone.

Real-Time Market Profile

Never miss important changes in the West Covina market.
Median List Price $1,269,444
Median Price of New Listings $905,000
Per Square Foot $535
Average Days on Market 102
Median Days on Market 35
Price Decreased 21%
Price Increased 8%
Relisted 3%
Inventory 38
Median Rent
Market Action 63
Strong Seller's Market

Price trends continued their recent uptrend this week. While still below the market’s price high-point, we’ve seen a nice run recently.

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
$2,100,000 4,505 0.5 - 1 acre 5 6 40 1 0 91
$1,489,999 2,556 0.25 - 0.5 acre 4 4 55 3 0 98
$1,014,430 2,127 6,500 - 8,000 sqft 4 3 66 2 0 28
$786,500 1,349 8,000 - 10,000 sqft 3 2 68 5 2 3