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Harvard Heights July 2024 Market Update: Absorption Rate and Homeless Encampments Policy

Market Overview For July 2024, Harvard Heights (90006) has an absorption rate of 14%. This metric is calculated based on 14 active listings and 2 properties sold during the month. The average sales price was $924,500, and properties typically spent 23 days on the market (DOM). Impact of Governor Gavin Newsom's Homeless Encampment Policy In a significant move, Governor Gavin...

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...

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Real Estate Market Insights: West Adams, 90016 - July 2024

Hello, everyone! Nathan Derry here with JohnHart Real Estate, bringing you the latest update on the West Adams real estate market for July 2024. If you’re keeping an eye on the local property scene, you’ll want to know about the current absorption rate and what it means for buyers and sellers alike. Market Overview For July 2024, the absorption rate in West Adams (zip ...

Real Estate Market Update: Jefferson Park, 90018 - July 2024

Hello everyone! Nathan Derry here with JohnHart Real Estate, bringing you the latest insights on the Jefferson Park real estate market for July 2024. If you’re interested in understanding the current market dynamics and how recent policy changes may impact the community, you’re in the right place. Market Overview For the month of July 2024, the absorption rate in Jeffe...