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...

• calendar_month August 2, 2024
• category 90006
• post affordable housing, Community Safety, Gavin Newsom, Harvard Heights, Homeless Encampments, Housing Crisis, JohnHart, JohnHart Real Estate, LA Real Estate Market, Nathan Derry, Nathan Derry JohnHart, Nathan Derry Realty, Nathan Derry Recommends, Nathan Derry, JohnHart Real Estate, Property Values, Real Estate trends

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...

• calendar_month August 2, 2024
• category 90005
• post affordable housing, Community Safety, Gavin Newsom, Homeless Encampments, Housing Crisis, JohnHart, JohnHart Real Estate, Koreatown Real Estate, LA Real Estate Market, Nathan Derry, Nathan Derry JohnHart, Nathan Derry Realty, Nathan Derry Recommends, Nathan Derry, JohnHart Real Estate, Property Value, Real Estate trends