January 2024 Insights
  • calendar_month February 12, 2024
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A set of new house keys in front of a new home with a for sale sign in the front yard.

Greetings, fellow real estate enthusiasts! Nathan Derry here, your dedicated Realtor from JohnHart Real Estate. Let's delve into the intricate tapestry of Pico Robertson's real estate landscape and uncover the insights from January 2024.

Understanding Pico Robertson's Real Estate Pulse

In the dynamic realm of Pico Robertson, the numbers tell a nuanced story. With an absorption rate of 13%, the market reflects a balanced interplay between supply and demand. Out of the 16 active listings, 2 found new homeowners, suggesting a thoughtful approach to transactions. The average sales price stood at $1,710,000, and homes spent an average of just 9 days on the market. These statistics paint a picture of a neighborhood where real estate moves efficiently, and properties are sought after.

Insights into Pico Robertson Real Estate Dynamics

A white individual holding a blue post-it note with the word "recap" on it.

The Pico Robertson neighborhood continues to be a sought-after location for homebuyers. Its central location, cultural richness, and vibrant community make it an attractive prospect for those looking to call this area home.

As your trusted Realtor, I'm here to provide guidance and insights into the local market. Whether you're considering buying or selling, understanding these trends is crucial for making informed decisions. Feel free to reach out if you have any questions or if you'd like a personalized analysis of your property's value in today's market.

Unlocking the Potential: AB 1033 and ADUs

A diagram of different kinds of ADUs.

Now, let's talk about opportunities. With the introduction of AB 1033, Pico Robertson residents can explore new dimensions in homeownership. This legislation opens doors for leveraging Accessory Dwelling Units (ADUs) as viable options. ADUs not only enhance property value but also provide flexible living arrangements or additional rental income. The long-term benefits are significant, making it a strategic move for those looking to invest in their property's potential.

In the ever-evolving landscape of real estate, Pico Robertson stands as a canvas of possibilities. Whether you're a prospective homebuyer or a homeowner contemplating the next move, understanding the local market is key.

Feel free to connect with me for a personalized discussion on your real estate goals or if you're curious about the value of your property in the current market.

Here's to unlocking the doors of opportunity in Pico Robertson!

Best regards,

Nathan Derry
Realtor, JohnHart Real Estate

๐Ÿ“JohnHart Real Estate

๐Ÿ“ž(424) 303-0440

๐Ÿ“ง itsnathanderry@gmail.com 

๐Ÿค– nathan@jhagents.com

๐Ÿ‘จ๐Ÿฝ‍๐Ÿ’ป 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!

Nathan Derry

Nathan Derry

JohnHart Real Estate

DRE - 02140158
Direct - 424.303.0440, Office - 818.246.1099

Contact Nathan Today!