As February draws to a close, it's time to take a closer look at the real estate landscape of Mid City, 90019. As your trusted Realtor, Nathan Derry, I'm here to provide insights into the market trends and why working with a licensed Realtor like myself is crucial in navigating the buying or selling process.

First things first, let's talk numbers. The absorption rate for Mid City stands at a respectable 25% for February 2024. With 28 active listings and 7 properties sold, it's evident that there's healthy activity in the market. The average sales price of $1,459,000 and an average of 50 days on market (DOM) provide valuable context for both buyers and sellers.

Now, let's delve into why partnering with a licensed Realtor is essential. Here are some compelling reasons:

1. Expertise and Guidance: As a licensed Realtor, I bring a wealth of knowledge and expertise to the table. From market trends and pricing strategies to negotiation tactics and legal matters, I'm here to guide you through every step of the process.

2. Access to Resources: I have access to a vast network of resources, including industry connections, market data, and marketing tools. Whether you're buying or selling, I leverage these resources to ensure the best possible outcome for my clients.

3. Negotiation Skills: Negotiating the terms of a real estate transaction can be complex and nuanced. As your Realtor, I act as your advocate, skillfully negotiating on your behalf to secure the best possible deal.

4. Legal Protection: Real estate transactions involve a myriad of legal complexities and pitfalls. By working with a licensed Realtor, you gain peace of mind knowing that your interests are protected throughout the process.

5. Marketing Expertise: When selling your home, effective marketing is key to attracting potential buyers. I utilize a comprehensive marketing strategy that includes online listings, professional photography, virtual tours, and targeted advertising to showcase your property to its fullest potential.

Now, let's address the elephant in the room: For Sale By Owner (FSBO) listings. While some sellers may be tempted to go the FSBO route in an attempt to save on commission fees, the reality is that FSBO transactions often come with a host of challenges and risks. Without the guidance of a licensed Realtor, sellers may struggle with pricing their home accurately, navigating legal complexities, and effectively marketing their property to reach the right audience.

In conclusion, the real estate market in Mid City, 90019, is showing promising signs of activity, and partnering with a licensed Realtor like myself can make all the difference in achieving your real estate goals. Whether you're buying, selling, or investing, I'm here to provide the expertise, guidance, and support you need every step of the way.

Let's make your real estate dreams a reality together!

Nathan Derry, Licensed Realtor

📍JohnHart Real Estate

📞(424) 303-0440

📧 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!