A method for power management is disclosed. The method may include monitoring requests for access to a memory of a memory subsystem by one or more processor cores; and monitoring requests for access to the memory conveyed by an input/output (I/O) unit. The method may further include determining if at least a first amount of time has elapsed since any one of the processor cores has asserted a memory access request and determining if at least a second amount of time has elapsed since the I/O unit has conveyed a memory access request. A first signal may be asserted if the first and second amounts of time have elapsed. A memory subsystem may be transitioned from operating in a full power state to a first low power state responsive to assertion of the first signal.