As we delve into the real estate market data for Beverly Grove, 90048, for July 2024, we see an absorption rate of 9%. This means that only 9% of the available properties were sold during the month. Specifically, out of the 55 active listings, only 5 properties sold, with an average sales price of $2,199,000 and an average of 52 days on the market (DOM). Understanding the 9% Absorption R...

• calendar_month August 29, 2024
• category 90048
• post Absorption Rate, Beverly Grove Real Estate, California Real Estate, Homelessness Crisis, Housing Market 2024, JohnHart, JohnHart Real Estate, Los Angeles Housing Market, Nathan Derry, Nathan Derry JohnHart, Nathan Derry Realty, Nathan Derry Recommends, Nathan Derry Tips, Nathan Derry, JohnHart Real Estate, Property Values, Real Estate trends

As we dive into the real estate data for Pico-Robertson, 90035, for July 2024, we see an active and competitive market. With an absorption rate of 47%, the neighborhood is teetering on the edge of being a seller's market. Out of the 19 active listings, 9 properties sold, with an average sales price of $1,795,000 and a swift average of just 22 days on the market (DOM). This robust absorp...

• calendar_month August 29, 2024
• category 90035
• post Absorption Rate, Gavin Newsom, Homelessness Crisis, Housing Market 2024, JohnHart, JohnHart Real Estate, Los Angeles Housing Market, Nathan Derry, Nathan Derry JohnHart, Nathan Derry Realty, Nathan Derry Recommends, Nathan Derry Tips, Nathan Derry, JohnHart Real Estate, Pico Robertson Real Estate, Property Values, Real Estate Insight, Real Estate trends

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...

• calendar_month September 6, 2024
• category 90036
• post Absorption Rate, Community Impact, Governor Newsom, Homelessness Crisis, JohnHart, JohnHart Real Estate, Los Angeles Housing Market, Luxury Homes, Mid Wilshire Real Estate, Nathan Derry, Nathan Derry JohnHart, Nathan Derry Realty, Nathan Derry Recommends, Nathan Derry Tips, Nathan Derry, JohnHart Real Estate, Property Values, Real Estate trends

I’m Nathan Derry, your trusted Realtor for Mid City, 90019. As we continue through the year, it’s important to keep an eye on the shifting dynamics of our local real estate market. August 2024 has provided us with some interesting insights that reflect a possible cooling down in the Mid City area. Let's break down the numbers and explore what they mean for both buyers and se...

• calendar_month September 19, 2024
• category 90019
• post 90019, 90019 Homes, Absorption Rate, JohnHart, JohnHart Real Estate, Nathan Derry, Nathan Derry JohnHart, Nathan Derry Real Estate, Nathan Derry Realty, Nathan Derry Recommends, Nathan Derry Tips, Nathan Derry, JohnHart Real Estate

As a Realtor in the dynamic Los Angeles real estate market, it's important to stay informed about both local market trends and broader industry changes that can affect buyers and sellers. For Pico-Robertson, 90035, the month of August 2024 revealed some compelling statistics. The absorption rate was 56%, a strong indicator that homes are selling quickly in this popular neighborhood. Wit...

• calendar_month September 26, 2024
• category 90035
• post Absorption Rate, August 2024 Market Report, Days on Market (DOM), Home Buying Tips, JohnHart, JohnHart Real Estate, Los Angeles Homes for Sale, NAR Commission Law, Nathan Derry, Nathan Derry JohnHart, Nathan Derry Real Estate, Nathan Derry Realty, Nathan Derry Recommends, Nathan Derry Tips, Nathan Derry, JohnHart Real Estate, Pico Robertson Real Estate, Real Estate Commissions, Seller’s Market 2024, Selling a Home in Pico-Robertson

As we enter the fall season, it's important to reflect on the real estate trends we've observed this past summer in Palms, 90034. For the month of August 2024, Palms recorded an absorption rate of 44%, indicating that homes in this desirable West Los Angeles neighborhood are still moving steadily. With 34 active listings and 15 homes sold, it’s clear that while demand remains ...

• calendar_month September 26, 2024
• category 90034
• post Absorption Rate, August 2024 Market Report, Days on Market (DOM), Home Buying Tips, JohnHart, JohnHart Real Estate, Los Angeles Homes for Sale, NAR Commission Law, Nathan Derry, Nathan Derry JohnHart, Nathan Derry Real Estate, Nathan Derry Realty, Nathan Derry Recommends, Nathan Derry Tips, Nathan Derry, JohnHart Real Estate, Palms Real Estate, Real Estate Commissions, Real Estate Trends 2024, Selling a Home in Palms

Hey everyone, it’s Nathan Derry with JohnHart Real Estate, and today I’m bringing you the latest from the Beverly Grove market in the 90048 zip code for August 2024. If you’ve been following the market trends, you’ll notice that Beverly Grove is experiencing what we call a buyer’s market, with an absorption rate of just 12%. But while homes aren’t flying ...

• calendar_month October 3, 2024
• category 90048
• post Absorption Rate, August 2024 Real Estate Update, Beverly Grove Real Estate, Buyer’s Market in LA, Days on Market (DOM), High-End Home Sales, JohnHart, JohnHart Real Estate, Los Angeles Luxury Market, Luxury Homes Beverly Grove, NAR Commission Law, Nathan Derry, Nathan Derry JohnHart, Nathan Derry Real Estate, Nathan Derry Realty, Nathan Derry Recommends, Nathan Derry Tips, Nathan Derry, JohnHart Real Estate

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...

• calendar_month October 3, 2024
• category 90036
• post 90036 Market Trends, Absorption Rate, August 2024 Market Update, Days on Market (DOM), Home Prices in 90036, JohnHart, JohnHart Real Estate, Los Angeles Housing Market, Mid Wilshire Real Estate, NAR Commission Law, Nathan Derry, Nathan Derry JohnHart, Nathan Derry Real Estate, Nathan Derry Realty, Nathan Derry Recommends, Nathan Derry Tips, Nathan Derry, JohnHart Real Estate, Real Estate Trends 2024, Seller’s Market in LA

Hello, Harvard Heights homeowners and future buyers! I’m Nathan Derry with JohnHart Real Estate, bringing you the October 2024 market insights for the historic and charming community of Harvard Heights, 90006. This month, we’re seeing an absorption rate of just 6%, with 16 active listings and only one sold. The average sales price in Harvard Heights sits at $650,000, and prop...

• calendar_month November 14, 2024
• category 90006
• post Absorption Rate, Brined Turkey Recipe, Buyer’s Market Insights, Harvard Heights Real Estate, Holiday Recipes, Home Selling Tips, JohnHart, JohnHart Real Estate, Los Angeles Market Trends, Nathan Derry, Nathan Derry Healthy Living, Nathan Derry JohnHart, Nathan Derry Real Estate, Nathan Derry Realty, Nathan Derry Recommends, Nathan Derry Tips, Nathan Derry, JohnHart Real Estate, Real Estate Market Update, Thanksgiving Turkey Recipe

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...

• calendar_month November 14, 2024
• category 90005
• post Absorption Rate, Brined Turkey Recipe, Drones in real estate, Fall Home Selling Tips, Home Selling Strategies, Home Staging, JohnHart, JohnHart Real Estate, Los Angeles Market Trends, Nathan Derry, Nathan Derry Healthy Living, Nathan Derry JohnHart, Nathan Derry Real Estate, Nathan Derry Realty, Nathan Derry Recommends, Nathan Derry Tips, Nathan Derry, JohnHart Real Estate, Real Estate Market Update, Real Estate Tips, Thanksgiving Turkey Recipe, Wilshire Park Real Estate