Hello everyone,

I'm Nathan Derry, your dedicated Realtor for the Pico-Robertson area, 90035. As we navigate the bustling spring market, it's the perfect time to share an in-depth analysis of the real estate trends and performance for April 2024. This month's data reveals a dynamic and competitive market, with some compelling figures that every buyer and seller should know.

Absorption Rate: 54%

The absorption rate is a vital statistic in real estate, indicating the rate at which homes are being sold in a given area. For April 2024, Pico-Robertson achieved an impressive absorption rate of 54%. This high absorption rate signifies a strong demand for homes, with over half of the available listings being sold within the month.

Key Market Statistics

Let's break down the key numbers that defined our market last month:

• Active Listings: There were 13 active listings in April, providing a range of options for potential buyers.

• Homes Sold: A total of 7 homes were sold, reflecting robust market activity and buyer interest.

• Average Sales Price: The average sales price in Pico-Robertson was a notable $2,350,000. This high average price underscores the premium nature and desirability of properties in our area.

• Days on Market (DOM): Homes that sold in April averaged just 23 days on the market, indicating a swift and competitive selling environment.

The Benefits of Staging Your Home

Selling a home in today’s competitive market requires strategic preparation, and one of the most effective strategies is home staging. Here’s why staging can significantly enhance your selling experience:

1. Creating Strong First Impressions: Staging helps to create an inviting and attractive environment, allowing potential buyers to envision themselves living in the space. This immediate emotional connection can be crucial in motivating offers.

2. Showcasing Key Features: Professional staging highlights the best aspects of your home, making them stand out. Whether it’s a spacious living area, a cozy bedroom, or a modern kitchen, staging emphasizes these features beautifully.

3. Accelerating the Sale Process: Staged homes tend to sell faster. Given our current average of 23 days on the market, a well-staged home can potentially reduce this timeframe even further.

4. Maximizing Sale Price: Staged homes often receive higher offers compared to non-staged homes. Buyers are typically willing to pay a premium for a property that looks move-in ready and aesthetically pleasing.

5. Enhancing Online Appeal: In today’s digital age, most buyers begin their home search online. Staged homes photograph better, attracting more interest and viewings from potential buyers.

Why Work with a Licensed Realtor?

Navigating the Pico-Robertson real estate market requires expertise and local knowledge. As a licensed Realtor, I bring a wealth of experience and insights to help you achieve your real estate goals. Here’s how I can assist you:

• In-Depth Market Knowledge: I provide current market data and trends, ensuring you make informed decisions.

• Expert Negotiation Skills: My negotiation expertise ensures you get the best possible deal, whether you’re buying or selling.

• Access to Exclusive Listings: I have access to a broad range of properties, including those not widely advertised.

• Seamless Transaction Management: From listing to closing, I handle the entire process, ensuring a smooth and efficient transaction.

In conclusion, the April 2024 real estate report for Pico-Robertson, 90035 reflects a vibrant and competitive market with strong demand and high sales prices. If you’re considering selling your home, effective staging can make a significant impact. And whether you’re buying or selling, partnering with an experienced Realtor like myself ensures you have the best guidance and support throughout your real estate journey.

Feel free to reach out to discuss your real estate needs. Together, we can navigate the market and achieve your goals.

Best regards,

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!