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Beverly Grove Real Estate Market Analysis - May 2024

Hello everyone, Nathan Derry here, your trusted Realtor. Today, I want to share some insights on the real estate market in Beverly Grove, 90048, for the month of May 2024. This analysis is crucial for both potential buyers and investors to understand the current trends and legislative changes that could impact your investment decisions. Market Overview In May 2024, Beverly Grove witne...

Market Analysis for Mid Wilshire, 90036

Hello everyone, Nathan Derry here, your trusted Realtor. Today, I want to provide an in-depth market analysis for Mid Wilshire, ZIP code 90036, for the month of May 2024. Additionally, we'll discuss the implications of the new California law, AB12, and how it could affect real estate investors in our area. May 2024 Market Snapshot for Mid Wilshire, 90036 For May 2024, the Mid Wils...

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May 2024 Market Analysis for Pico / Robertson, 90035

Hello everyone, Nathan Derry here, your go-to Realtor for all things Los Angeles real estate. Today, I want to provide a detailed market analysis for Pico / Robertson, ZIP code 90035, for the month of May 2024. Additionally, we'll discuss the implications of the new California law, AB12, and how it could affect real estate investors. May 2024 Market Snapshot for Pico / Robertson, 900...

Understanding the Palms Market in May 2024

Hello everyone, Nathan Derry here, your trusted Realtor with a focus on the dynamic Los Angeles market. Today, we’ll delve into the real estate statistics for Palms, ZIP code 90034, for May 2024. We’ll also explore the implications of the new California law, AB12, on real estate investors. May 2024 Market Snapshot for Palms, 90034 In May 2024, the real estate market in Pal...

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July 2024 Real Estate Market Update for Mid City, 90019

Hello, I’m Nathan Derry with JohnHart Real Estate, bringing you the latest insights into the Mid City real estate market for July 2024. The market continues to show dynamic movement, particularly with an absorption rate of 30%. This figure tells us that the market is fairly balanced, leaning slightly towards a seller's market. Market Overview: Absorption Rate: 30% A...

Understanding the Palms Real Estate Market in July 2024: A Realtor's Perspective

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...

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Beverly Grove Real Estate Market in July 2024

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...

Pico-Robertson Real Estate Market in July 2024

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...

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Mid-Wilshire Market Update

The Mid-Wilshire neighborhood in Los Angeles has seen notable real estate activity this past July, 2024, with an absorption rate of 45%. For those unfamiliar with the term, the absorption rate is a key metric used in real estate to measure the rate at which homes are sold in a specific market over a given period. A balanced market typically has an absorption rate of around 20%, so at 45%, M...

Mid-Wilshire Market Update: A Healthy Absorption Rate of 52% for August 2024

Hey, everyone! Nathan Derry here with JohnHart Real Estate, bringing you an update on the Mid-Wilshire market for August 2024. If you’re keeping an eye on the real estate scene in 90036, you’ll be interested to know that the absorption rate hit a healthy 52% this past month. But what does that really mean for buyers, sellers, and investors? Breaking Down the Numbers Th...