Greetings, residents and aspiring homeowners of Harvard Heights! Nathan Derry here, your dedicated Realtor from JohnHart Real Estate. Today, let's delve into the fascinating world of real estate trends in our vibrant neighborhood of Harvard Heights, 90006.

January 2024 Real Estate Recap: Harvard Heights, 90006

The latest statistics reveal intriguing insights into the real estate dynamics of Harvard Heights. In January 2024, the absorption rate stood at 29%, indicating a healthy and active market. Among the 7 active listings, 2 properties successfully changed hands, reflecting a balanced equilibrium between supply and demand. What's truly remarkable is the average sales price of $895,000, coupled with a noteworthy detail—properties were sold with an astonishing 0 Days on Market (DOM). These figures underscore the desirability and efficiency of the Harvard Heights real estate market.

Insights into Harvard Heights Real Estate Dynamics

Harvard Heights continues to captivate both homebuyers and investors alike, thanks to its unique charm and convenient location. The neighborhood's rich history, architectural diversity, and close-knit community make it an appealing destination for those seeking a place to call home.

As your trusted Realtor, I'm committed to providing you with valuable insights and guidance as you navigate the complexities of the real estate landscape. Whether you're a first-time buyer, seasoned investor, or homeowner contemplating a move, understanding market trends is key to making informed decisions.

Unlocking Potential with AB 1033 and ADUs

Now, let's explore the transformative opportunities presented by AB 1033 and the long-term benefits of incorporating an Accessory Dwelling Unit (ADU) into your property.

AB 1033 has revolutionized the real estate landscape, offering homeowners the flexibility to sell ADUs as independent dwellings. This legislation not only provides homeowners with greater autonomy but also expands housing options for prospective buyers in a competitive market.

The addition of an ADU presents a multitude of advantages. In addition to potential rental income, an ADU can serve as a private living space for family members or be utilized as a home office or studio. Furthermore, the addition of an ADU can significantly enhance the overall value of your property, making it a sound long-term investment.

Looking Ahead

As we embark on the journey through 2024, the real estate landscape in Harvard Heights brims with promise and potential. Whether you're considering buying, selling, or investing, now is an opportune moment to explore the possibilities that our vibrant neighborhood has to offer.

Stay tuned for more insights and updates as we navigate the ever-evolving real estate market together. Remember, I'm here to be your trusted advisor every step of the way.

Warm regards,

Nathan Derry
JohnHart Real Estate

📍JohnHart Real Estate

📞(424) 303-0440

📧 itsnathanderry@gmail.com 

🤖 nathan@jhagents.com

👨🏽‍💻 itsnathanderry.com

Interested in seeing a property or one of my off market properties in person? Contact me today!  Who you hire matters!!!

Ready to make the best move of your life… let’s chat today!