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Beverly Grove Market Update: Dismal Absorption Rate, But Hefty Sold Prices – What’s Happening?

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 ...