Greetings, future homeowners and savvy investors! Nathan Derry here, your dedicated Realtor from JohnHart Real Estate, bringing you the latest scoop on the Palms real estate market. As we bid farewell to 2023, let's delve into the numbers and explore why Palms, with its vibrant community and thriving market, could be the key to your homeownership dreams.

December 2023 Market Overview: Palms, 90034

In the dynamic landscape of Palms, the month of December revealed an absorption rate of 38%. Among the 24 active listings, 9 found new owners, showcasing a lively and sought-after real estate scene. These homes spent an average of only 8 days on the market, emphasizing the high demand for properties in this charming neighborhood. The average sales price stood at an impressive $1,997,500, reflecting the value placed on homes in this coveted area.

Why Palms is Your Gateway to Homeownership

1. Low DOM (Days on Market): With homes swiftly finding new owners in Palms, the low DOM indicates a competitive market. Acting promptly and decisively could be your ticket to securing the home of your dreams.

2. Rising Property Values: The average sales price of $1,997,500 is not just a number; it's a testament to the increasing value of real estate in Palms. Investing in a home here not only provides a place to live but also holds the potential for a lucrative return on investment.

3. Community Vibes: Palms is more than just a location; it's a community. With diverse cultural influences, local businesses, and a friendly atmosphere, Palms offers a lifestyle that goes beyond the front door of your home.

4. Start a Savings Fund for Your Child: The Gift of Homeownership

Now, let's talk about securing a bright future for your family. Consider starting a savings fund for your child, a gift that goes beyond material possessions. Here's why:

• Financial Education: Teaching your child about savings, investments, and the value of homeownership sets them on a path to financial literacy.

• Long-Term Stability: A home is more than a place to live; it's a foundation for stability. By investing early, you provide your child with a potential future home or financial security.

• Generational Wealth: Real estate has long been a source of generational wealth. Your investment today could be a stepping stone for your child's financial success in the future.

As we step into the new year, let's seize the opportunities that Palms presents. If you're ready to explore the possibilities, I'm here to guide you every step of the way. Contact me, Nathan Derry, at [Your Contact Information], and let's make 2024 the year you open the door to your dream home in Palms!

Wishing you a prosperous and joyful new year,

Nathan Derry