Greetings, Mid Wilshire residents and fellow real estate enthusiasts! Nathan Derry here, your dedicated Realtor from JohnHart Real Estate. Let's dive into the latest real estate trends for October 2023 and explore the vibrant neighborhood of Mid Wilshire.

October 2023 Real Estate Recap: Mid Wilshire, 90036

In the heart of Mid Wilshire, the real estate market paints an intriguing picture. For the month of October 2023, we observed a dynamic absorption rate of 22%, indicating a healthy and balanced market. Among the 18 active listings, 4 homes successfully found new owners, showcasing a demand that aligns well with the available supply. The average sales price settled at $1,552,500, reflecting the value placed on properties in this sought-after neighborhood. Homes spent an average of 43 days on the market, emphasizing the efficiency of transactions in Mid Wilshire.

Insights into Mid Wilshire Real Estate Dynamics

Mid Wilshire's allure lies in its central location, cultural richness, and a blend of historic and modern architecture. As your trusted Realtor, I'm here to provide insights and guidance for navigating the local real estate scene. Whether you're considering a move or investment, understanding these trends is key to making informed decisions in Mid Wilshire's dynamic market.

Top Three New Year's Resolutions for Homeowners and Aspiring Buyers

As we approach the end of the year, it's also a good time to start thinking about New Year's resolutions. For homeowners and those aspiring to buy, here are the top three resolutions to consider:

1. Home Upgrade Mastery: Resolve to enhance your living space in the coming year. Whether it's a kitchen renovation, landscaping project, or creating a cozy outdoor space, investing in your home adds both comfort and value.

2. Financial Fitness: Set financial goals related to your home. This could include paying off a certain percentage of your mortgage, saving for a renovation, or exploring investment opportunities in real estate.

3. Explore the Neighborhood: Make it a goal to further explore and engage with your neighborhood. Attend local events, support nearby businesses, and connect with neighbors. Building a sense of community enhances your overall living experience.

As we anticipate the new year, remember that your home is not just a place; it's a reflection of your aspirations and dreams.

Feel free to contact me if you have any real estate-related questions or if you're ready to embark on your Mid Wilshire real estate journey. Wishing you a fantastic end to 2023 and a promising start to the new year!

Best regards,

Nathan Derry

📍JohnHart Real Estate
📞(424) 303-0440
📧 itsnathanderry@gmail.com
🤖 nathan@jhagents.com
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