The Beverly Grove neighborhood (90048) saw an absorption rate of 24% this October, indicating a balanced market where neither buyers nor sellers have a strong advantage. With 54 active listings and 13 homes sold, the average sales price reached $2,299,000, and properties spent an average of 44 days on the market (DOM).

As we approach the holiday season, now is the time to strategize if you're considering buying or selling in this thriving area. Let’s dive deeper into what these numbers mean and offer some tips for homeowners during the busy holiday travel season.

Understanding the Beverly Grove Market

The absorption rate is a critical indicator of market health. At 24%, Beverly Grove reflects moderate activity:

• For Sellers: Highlight unique features, invest in professional staging, and price competitively to attract motivated buyers.
• For Buyers: Use this window of opportunity to explore options and negotiate favorable terms before the year ends.

If you're considering entering the market, feel free to reach out for a detailed discussion about your goals.

Holiday Travel Tips for Homeowners

Planning to leave town for the holidays? Here’s how to secure your home while you’re away:

1. Fortify Security

   • Install a smart home security system with cameras you can monitor remotely.
   • Double-check that all doors and windows are locked, including garage doors.

2. Create a Presence

   • Use timers to turn on lights and electronics at regular intervals.
   • Ask a trusted neighbor or friend to check on your home and collect your mail.

3. Protect Valuables

   • Store jewelry, important documents, and other valuables in a safe or a secure location.
   • Avoid posting travel plans on social media until after you return.

4. Prevent Issues

   • Unplug non-essential electronics to reduce fire risk and save energy.
   • Adjust your thermostat to save on heating or cooling while you're away.

5. Prepare for Emergencies

   • Share your travel itinerary with a trusted contact.
   • Ensure your homeowners' insurance policy is up-to-date.

Recipe: Buttery, Flavorful Brined Turkey

Planning a cozy holiday dinner before heading out of town? Here’s a foolproof recipe for a delicious brined turkey that will wow your guests:

Ingredients for Brine

• 1 gallon water
• 1 cup kosher salt
• 1 cup sugar
• 1 tablespoon black peppercorns
• 5 garlic cloves, smashed
• 2 sprigs fresh rosemary
• 2 sprigs thyme
• 1 lemon, sliced

Ingredients for Turkey

• 1 whole turkey (12-14 pounds)
• 1 stick unsalted butter, softened
• 2 tablespoons olive oil
• 1 tablespoon garlic powder
• 1 tablespoon smoked paprika
• Fresh rosemary and thyme (to stuff the cavity)

Instructions

1. Prepare the Brine

   • In a large pot, combine water, salt, sugar, peppercorns, garlic, rosemary, thyme, and lemon. Boil until dissolved, then cool completely.
   • Submerge the turkey in the brine and refrigerate for 12-24 hours.

2. Preheat and Prep

   • Preheat oven to 325°F. Remove the turkey from the brine, rinse, and pat dry.

3. Season the Turkey

   • Mix butter, olive oil, garlic powder, and paprika. Rub generously under the skin and over the turkey.
   • Stuff the cavity with rosemary, thyme, and lemon slices.

4. Roast

   • Place the turkey on a roasting rack and roast for 3-3.5 hours, or until the internal temperature reaches 165°F in the thickest part of the breast.
   • Baste with pan drippings every 30 minutes for a golden finish.

5. Rest and Serve

   • Let the turkey rest for 20 minutes before carving. Serve with your favorite sides!

The Beverly Grove Opportunity

As the market continues to balance, now is the perfect time to evaluate your real estate goals. Whether you’re looking to buy, sell, or simply learn more about market trends in Beverly Grove, I’m here to help.

Let’s connect to discuss how we can achieve your real estate dreams together!

-All the  Nathan Derry, Realtor with JohnHart Real Estate

📍JohnHart Real Estate

📞(424) 303-0440

📧 nathan@jhagents.com

👨🏽‍💻 itsnathanderry.com

You deserve the opportunity to work with an ethical agent.  Please give me a call today and let’s discuss your unique needs.

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!

Beverly Grove Real Estate Market

October 2024 Housing Trends

Absorption Rate Explained

Los Angeles Real Estate Insights

Home Security Tips for Travelers

Buttery Brined Turkey Recipe

Holiday Travel Preparations

Realtor Advice for Sellers

Market Trends in 90048

Nathan Derry Realtor Tips