As we dive into the real estate data for Palms, 90034, for July 2024, the market presents some intriguing trends and opportunities for both buyers and sellers. With an absorption rate of 22%, the market in Palms is showing signs of moderate activity. Out of the 40 active listings, 9 properties sold, with an average sales price of $1,380,000, and an impressively low average of just 11 days o...

• calendar_month August 22, 2024
• category 90034
• post Absorption Rate, California Real Estate, Gavin Newsom, 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, Palms Real Estate, Property Values, Real Estate Insight, Real Estate trends

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