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Beverly Grove Market Update: October 2024

The Beverly Grove neighborhood (90048) saw an absorption rate of 24% this October, indicating a balanced market where neither buyers nor sellers have a strong advantage. With 54 active listings and 13 homes sold, the average sales price reached $2,299,000, and properties spent an average of 44 days on the market (DOM). As we approach the holiday season, now is the time to strategize if y...