Hey there, fellow real estate enthusiasts! Nathan Derry from JohnHart Real Estate here, ready to spill the beans on the latest happenings in our vibrant Jefferson Park community. The real estate landscape in January 2024 is looking intriguing, so let's dive in!

Jefferson Park's January 2024 Real Estate Recap

In the dynamic world of Jefferson Park, the numbers from January 2024 paint an exciting picture. With a 22% absorption rate, our neighborhood is showcasing its resilience and appeal. Among the 23 active listings, 5 properties found new owners, boasting an average sales price of $955,000 and spending an average of just 19 days on the market. These stats reflect a community where properties are in demand and transactions are happening swiftly.

Insights into Jefferson Park's Real Estate Dynamics

Jefferson Park's real estate market remains robust, thanks to its unique character, accessibility, and the sense of community that defines it. Whether you're a prospective buyer, seller, or investor, these trends indicate that Jefferson Park continues to be a compelling choice.

AB 1033 and the Rise of ADUs

Now, let's talk about a game-changer - AB 1033. This legislation has opened up exciting opportunities for homeowners by allowing the sale of Accessory Dwelling Units (ADUs). Jefferson Park, with its diverse housing styles, stands to benefit significantly. Adding an ADU to your property not only increases its value but also provides options for multigenerational living, extra income, or a personal retreat space.

Navigating the Real Estate Landscape

For those considering diving into the real estate market, whether buying or selling, understanding the local dynamics is key. As your dedicated Realtor, I'm here to guide you through the intricacies, answer your questions, and ensure you make informed decisions.

Long-Term Benefits of Adding an ADU

Beyond the immediate advantages, adding an ADU can be a savvy long-term investment. It enhances the functionality of your property, adapting to changing needs and market trends. The flexibility of having an ADU opens doors for various lifestyle choices and can significantly contribute to the property's appreciation over time.

So, if you're contemplating a real estate move in Jefferson Park, now might be the perfect time. Feel free to reach out if you have any questions or if you're ready to explore the exciting possibilities our neighborhood has to offer.

Cheers to Jefferson Park's continued growth and prosperity!

Best 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!