It’s officially fall in LA, and that means cooler days, pumpkin-flavored everything, and a great time to take a look at the Pico-Robertson real estate market. For September 2024, we saw an absorption rate of 37%. Out of 19 active listings, 7 homes sold with an average sales price of $1,729,000 and an average of 27 days on the market (DOM). What Does a 37% Absorption Rate Mean? ...

• calendar_month October 24, 2024
• category 90035
• post Fall Home Improvement Tips LA, Home Buying Tips for Fall 2024, JohnHart, JohnHart Real Estate, LA Real Estate Market Trends, LA Seller’s Market Fall 2024, 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, Pico-Robertson Real Estate Market, Preparing Your Home for the Holidays, Selling a Home in Pico-Robertson 90035, September 2024 Absorption Rate

Hi there! Nathan Derry with JohnHart Real Estate here, bringing you the latest market insights for Mid City, 90019. For November 2024, the absorption rate came in at 24%, with 46 active listings and 11 homes sold. The average sales price landed at $1,575,000, and homes were spending about 57 days on the market (DOM) before finding new owners. But let’s not forget—it’s h...

• calendar_month December 12, 2024
• category 90019
• post Absorption Rate November 2024, Budgeting for homeownership, Holiday Shopping Safety Tips, Home Buying Tips for Fall 2024, JohnHart, JohnHart Real Estate, Los Angeles housing trends, Mid City Real Estate Market, Nathan Derry, Nathan Derry JohnHart, Nathan Derry Real Estate, Nathan Derry Realty, Nathan Derry, JohnHart Real Estate, Porch Pirate Prevention Tips, Real estate and holiday tips, Selling homes in 90019