Hey everyone, it’s Nathan Derry with JohnHart Real Estate, coming at you with the latest market update and some timely holiday shopping advice. Let’s dive into the numbers for Palms, 90034 this past November: the absorption rate clocked in at a whopping 67%. Out of 21 active listings, 14 homes sold, with an average sales price landing around $1,677,650. And get this—the average home spent only 23 days on the market (DOM) before finding its lucky new owner.

What does a 67% absorption rate mean, you ask? In short, it’s a pretty hot market leaning heavily toward sellers. Properties are moving quickly, and buyers are coming prepared and ready to make offers. If you’re considering jumping into the market, make sure you have your ducks in a row because these homes aren’t sticking around for long.

It’s the Busiest Season for Shopping!

Speaking of hot markets, let’s talk about the other “market” that’s buzzing right now: holiday shopping. Whether you’re braving the malls or clicking away online, this is the time of year when everyone’s trying to snag the best deals on gifts, décor, and maybe even a little something special for themselves.

But amidst the frenzy, safety and common sense go a long way. Here are a few tips to keep in mind while you’re out and about:

1. Be Mindful of Your Surroundings: Holiday crowds can be distracting. Keep an eye on what’s happening around you—both in store parking lots and bustling shopping centers.

2. Make Frequent Trips Home: If you’re hitting multiple stores, don’t let your car become Santa’s sleigh. Drop off packages at home to avoid tempting thieves and to keep your hands free for the next big find.

3. Don’t Be Flashy: Leave the designer bags and expensive jewelry at home. Try to blend in rather than standing out. Dressing low-key can help you avoid drawing unwanted attention.

4. Manage Package Deliveries: If you’re shopping online, don’t let those boxes pile up at your front door. Porch pirates love this time of year. Consider investing in a secure drop box, using an Amazon locker, or asking a neighbor to hold onto your deliveries until you get home.

5. Keep Your ‘New Home’ Savings Intact: If you’re saving up to buy a home, now is NOT the time to empty that piggy bank on impulse purchases. The deals may be tempting, but a future home purchase is a far more meaningful and long-term gift to yourself.

A Bright Future in Palms

With an impressive absorption rate and fast-moving properties, Palms remains a prime spot for real estate activity. Buyers have to be on their A-game, while sellers can feel confident about listing during this lively season. Whether you’re looking to buy now, sell soon, or simply strategize for 2025, I’m here to help you navigate the process.

In the meantime, stay safe, keep your holiday cheer intact, and remember—like in real estate, a little preparation and smart decisions will go a long way toward making your season merry and bright.

Happy holidays, happy shopping, and happy house hunting!
Nathan Derry
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!

#Palms Real Estate Market

#November 2024 Home Sales

#High Absorption Rate Los Angeles

#Holiday Shopping Safety Tips

#Nathan Derry JohnHart Real Estate

#L.A. Housing Trends 2024

#Porch Pirate Prevention

#Buyer’s Market vs. Seller’s Market

#Protecting Your New Home Savings

#Real Estate & Holiday Planning