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Navigating the Real Estate Market in Koreatown / 90005

A Realtor's Perspective When it comes to the real estate market in the Koreatown / 90005 zip code, staying informed and making strategic decisions is crucial. With just 4 active listings and 1 sold property, it's evident that this area is experiencing unique dynamics. In this blog, we'll explore the current state of the market and delve into the intriguing interplay betw...

Finding Your Perfect Home: A Closer Look at Koreatown, 90005

Hello, I'm Nathan Derry, your seasoned Realtor with JohnHart Real Estate, and today, we're exploring the vibrant neighborhood of Koreatown, represented by the 90005 zip code. While the real estate market here has seen a unique trend recently, there's much more to this neighborhood than meets the eye. A Slow but Steady Market: For the month of September 2023, the Absorption ra...

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Koreatown / 90005 Absorption Rate and Market Insights

Greetings, Koreatown residents and fellow real estate enthusiasts! Nathan Derry here, your friendly neighborhood Realtor from JohnHart Real Estate. As we bid farewell to 2023, let's dive into the dynamics of the local real estate market, specifically exploring the absorption rate for December. December 2023 Absorption Rate: Riding the Waves In the hustle and bustle of Koreatown, t...

Navigating the Real Estate Landscape in Koreatown

Greetings, Koreatown residents and fellow real estate enthusiasts! Nathan Derry here, your friendly neighborhood Realtor from JohnHart Real Estate. As we kick off the new year, let's dive into the exciting world of real estate trends in January 2024, with a special focus on Koreatown, 90005. January 2024 Real Estate Recap: Koreatown, 90005 In the dynamic landscape of Koreatown...

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Navigating Koreatown's Real Estate Landscape: Insights from Nathan Derry

Hey there, fellow real estate enthusiasts! Nathan Derry here, your trusted Realtor, ready to dive into the fascinating world of Koreatown's housing market. Let's talk numbers, insights, and why having the right Realtor by your side is crucial in this dynamic landscape. Absorption Rate Unveiled: 16% March 2024 brought us an absorption rate of 16% in Koreatown, 90005, markin...

Navigating the Spring Real Estate Market in Koreatown

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 n...

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July 2024 Market Update for Koreatown, 90005: Absorption Rate and Homeless Encampments Policy

Absorption Rate Analysis As of July 2024, the absorption rate for Koreatown, 90005 stands at 25%. This figure is derived from the current 8 active listings and 2 properties sold over the past month, with an average sales price of an astounding $5,340,000. The exceptionally high average sales price can be attributed to the significant lack of inventory in the area, leading to heightened c...

August 2024 Real Estate Market Update: Koreatown, 90005

As we navigate through the dynamic real estate market of Los Angeles, it's crucial to stay informed about current trends and regulatory changes that may impact both buyers and sellers. This month, let's take a closer look at Koreatown, 90005, and discuss the new NAR (National Association of Realtors) law regarding commissions, which is set to reshape the real estate landscape. Au...

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Wilshire Park Market Update: September 2024 Absorption Rate and Fall Home Prep

Hey everyone, it’s Nathan Derry with JohnHart Real Estate, bringing you the latest market update for Wilshire Park, 90005, and a little seasonal advice to boot! Let’s dive into the numbers and a few tips to get your home (and yourself) ready for the fast-approaching holiday season. Wilshire Park’s September 2024 Market in a Nutshell The absorption rate for Wilshire P...

October 2024 Market Update for Wilshire Park, 90005: 33% Absorption Rate and Tips for Prepping a Perfect Thanksgiving Turkey

Hello, Wilshire Park homeowners and future buyers! I’m Nathan Derry with JohnHart Real Estate, here with your October 2024 real estate market insights for our vibrant community in 90005. This month, we’re looking at an absorption rate of 33%, with 9 active listings and 3 sold homes. The average sales price has reached $2,449,000, with an average of 91 days on the market (DOM) be...