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Navigating the Mid Wilshire Real Estate Market in August 2023

Greetings, I'm Nathan Derry, your trusted Realtor with JohnHart Real Estate. As we step into August 2023, the real estate market in Mid Wilshire (90036) is buzzing with activity. In this blog, I'll be your guide through the latest trends in the area, where we're seeing a delicate balance of high interest rates, low inventory, and skyrocketing home prices. The Numbers That Mat...

Mid Wilshire, 90036 / Navigating the Real Estate Market and Halloween Safety

Greetings, I'm Nathan Derry, a seasoned Realtor with JohnHart Real Estate, and I'm here to give you the inside scoop on the real estate market in the vibrant 90036 area, also known as Mid Wilshire. For the month of September 2023, we've seen some interesting trends, including a 21% absorption rate, a median sales price of $2,549,000, 23 active listings, and 5 properties successf...

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Mid Wilshire / 90036: October 2023 Real Estate Insights

Greetings, Mid Wilshire residents and fellow real estate enthusiasts! Nathan Derry here, your dedicated Realtor from JohnHart Real Estate. Let's dive into the latest real estate trends for October 2023 and explore the vibrant neighborhood of Mid Wilshire. October 2023 Real Estate Recap: Mid Wilshire, 90036   In the heart of Mid Wilshire, the real estate market paints an in...

Mid Wilshire's / 90036 December 2023 Real Estate Surge

Greetings, Mid Wilshire neighbors and future homeowners! Nathan Derry here, your dedicated Realtor from JohnHart Real Estate. Let's dive into the exciting real estate trends that shaped Mid Wilshire in December 2023. December 2023 Absorption Rate: A Whopping 68%! Mid Wilshire experienced a real estate surge like never before, with an impressive absorption rate of 68%. Among th...

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Navigating Mid Wilshire

Greetings, Mid Wilshire neighbors and future homeowners! Nathan Derry here, your go-to Realtor, ready to unravel the real estate tale of Mid Wilshire for January 2024. Let's delve into the details! Absorption Rate Highlights: 14% Buzz Mid Wilshire has been buzzing with a 14% absorption rate this January. Among the 14 active listings, 8 found their new happy homeowners. With an ave...

Understanding the Absorption Rate in Mid Wilshire, 90036 for April 2024

As a seasoned Realtor in the Mid Wilshire area, I've seen firsthand how the local real estate market evolves. For April 2024, the absorption rate in Mid Wilshire, specifically in the 90036 zip code, stood at an impressive 38%. This figure is derived from the 21 active listings and the 8 properties sold within the month, translating to a healthy and active market. The average sales price...

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Market Analysis for Mid Wilshire, 90036

Hello everyone, Nathan Derry here, your trusted Realtor. Today, I want to provide an in-depth market analysis for Mid Wilshire, ZIP code 90036, for the month of May 2024. Additionally, we'll discuss the implications of the new California law, AB12, and how it could affect real estate investors in our area. May 2024 Market Snapshot for Mid Wilshire, 90036 For May 2024, the Mid Wils...

Mid-Wilshire Market Update

The Mid-Wilshire neighborhood in Los Angeles has seen notable real estate activity this past July, 2024, with an absorption rate of 45%. For those unfamiliar with the term, the absorption rate is a key metric used in real estate to measure the rate at which homes are sold in a specific market over a given period. A balanced market typically has an absorption rate of around 20%, so at 45%, M...

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Mid-Wilshire Market Update: A Healthy Absorption Rate of 52% for August 2024

Hey, everyone! Nathan Derry here with JohnHart Real Estate, bringing you an update on the Mid-Wilshire market for August 2024. If you’re keeping an eye on the real estate scene in 90036, you’ll be interested to know that the absorption rate hit a healthy 52% this past month. But what does that really mean for buyers, sellers, and investors? Breaking Down the Numbers Th...

Mid-Wilshire Market Snapshot: September 2024 – Time to Prep for the Holidays!

Hey, it’s Nathan Derry with JohnHart Real Estate, and I’m back with the latest real estate scoop for Mid-Wilshire, 90036! If you’ve been keeping an eye on the market here, you’ll want to sit down for this one. As of September 2024, the absorption rate in Mid-Wilshire was 27%, meaning that of the 26 active listings, 7 homes sold in the month. With an average sales pri...