Hey there, Koreatown dwellers and prospective homebuyers! As we welcome the vibrant blooms of spring, it's time to dive into the latest Real Estate insights for our beloved 90005 zip code. I'm Nathan Derry, your trusted Realtor with JohnHart Real Estate, and I'm here to shed some light on the current state of the market.

Absorption Rate Analysis

Let's start with some numbers, shall we? In April 2024, Koreatown saw an absorption rate of 33%. With 9 active listings and 3 homes sold, it's evident that the market is active, albeit with a moderate pace. The average sales price stood at $1,825,000, with properties spending an average of 65 days on the market (DOM).

Navigating the Spring Market

Now, let's talk strategy. Whether you're a buyer or seller, navigating the spring Real Estate market requires a tailored approach. Here are some helpful resources to guide you through this exciting yet competitive time:

1. Spring Home Maintenance & Gardening Tips: As the weather warms up, it's the perfect opportunity to spruce up your home's exterior. From pruning bushes to planting colorful flowers, a little curb appeal goes a long way in attracting potential buyers.

2. Tips for Selling Your Home in a Tough Market: Selling a home can be challenging, especially in a competitive market like Koreatown. Arm yourself with expert tips on staging, pricing, and marketing your property to stand out from the crowd.

3. Open House Do's & Don'ts: Planning an open house? Make sure you're prepared with our handy checklist of do's and don'ts. From decluttering to creating a welcoming atmosphere, every detail counts when showcasing your home to potential buyers.

4. Boosting Curb Appeal: First impressions matter, especially when it comes to selling your home. Discover simple yet effective ways to boost curb appeal, from fresh paint to manicured landscaping.

5. Recommended Moving Companies: When it comes time to make the move, trust only the best. Consider reputable moving companies like Prodigy Moving & Storage, (866)991-6683 with over 1,600 5-star reviews, or Pure Moving Co., (909)724-4748 with over 1,500 5-star reviews. Both are known for their professionalism and excellent service.

At JohnHart Real Estate, we're committed to providing you with the tools and resources you need to navigate the Real Estate market with confidence. Whether you're buying, selling, or simply exploring your options, count on us to be your trusted guide every step of the way.

Ready to make your move in Koreatown? Let's chat! Reach out to me, Nathan Derry, at (424)303-0440, and let's turn your Real Estate dreams into reality. Here's to a successful spring season filled with new beginnings and exciting opportunities!

All the best,

Nathan Derry, JohnHart Real Estate

📍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!