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Mid-Wilshire Market Snapshot: October 2024

The real estate market in Mid-Wilshire, 90036, demonstrated a notable slowdown this October, with an absorption rate of 16%. Out of 25 active listings, only 4 homes were sold, averaging a sales price of $1,894,250 and spending an average of 38 days on the market (DOM). This relatively low absorption rate may indicate that buyers are taking a more measured approach, while sellers need to ...