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...

• calendar_month December 5, 2024
• category 90048
• post Absorption Rate Explained, Beverly Grove Real Estate Market, Buttery Brined Turkey Recipe, Holiday Travel Preparations, Home Security Tips for Travelers, JohnHart, JohnHart Real Estate, Los Angeles Real Estate Insights, Market Trends in 90048, Nathan Derry, Nathan Derry JohnHart, Nathan Derry Real Estate, Nathan Derry Realty, Nathan Derry, JohnHart Real Estate, October 2024 Housing Trends, Realtor Advice for Sellers

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 ...

• calendar_month December 5, 2024
• category 90036
• post Absorption Rate Explained, Buttery Brined Turkey Recipe, Holiday Travel Preparations, Home Security Tips for Travelers, JohnHart, JohnHart Real Estate, Los Angeles Real Estate Insights, Market Trends in 90036, Mid Wilshire Real Estate, Nathan Derry, Nathan Derry JohnHart, Nathan Derry Real Estate, Nathan Derry Realty, Nathan Derry, JohnHart Real Estate, October 2024 Housing Trends, Realtor Advice for Sellers