I would not confuse strong demand with permission to overreach on your opening price.
If you are counting on demand alone to carry an ambitious asking price, I would slow that down. In Pomona, CA, recent offers landed at 101.2% of asking, but the typical sold price last month was still $675,000 against a typical asking price of $689,000.
That tells me buyers will compete for the right listing, not every listing. Supply stood at 2.75 months and a typical sale took 21 days. Those are strong conditions for a seller who respects the market and launches cleanly. This matters even more if the sale is funding your next move. In Pomona, CA, overpricing can cost time at the exact moment you need clarity. The strongest leverage usually comes from being the obvious choice in the market, not the most optimistic one. Set the price from recent closings first. Make condition support the number you choose. I would also monitor the first stretch of market time closely because that is when buyers tell you whether the pricing strategy is working.
About Ashley Kay
Ashley Kay is a licensed Real Estate Professional affiliated with Re/Max Champions, specializing in the Pomona market. With a focus on strategic marketing and deep local knowledge, Ashley Kay provides clients with expert guidance in navigating complex real estate transactions. View full profile →