The Pomona real estate market is also experiencing a high level of activity, with strong demand and low inventory driving up prices. Here are some key statistics and trends:

• The median home price in Pomona is currently around $600,000, an increase of approximately 7.1% compared to the previous year.
• Homes are selling quickly, with an average of only 16 days on the market before being sold.
• Inventory remains tight, with the number of homes for sale down 49.3% compared to the same time last year.
• The market is heavily skewed towards sellers, with homes typically selling for 3.8% above the asking price.

Similarly to Moreno Valley, low interest rates and a strong economy have contributed to increased demand for homes in Pomona, while a shortage of available properties has led to low inventory levels. Additionally, the COVID-19 pandemic has caused some potential sellers to delay putting their homes on the market, further exacerbating the supply shortage.

Overall, the Pomona real estate market is highly competitive and favors sellers. However, market conditions can change quickly, and it's always a good idea to consult with a real estate professional to get the most up-to-date information and guidance.

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