The Palms neighborhood, 90034, experienced a strong real estate market in October 2024, boasting an absorption rate of 79%. This means that 79% of the available homes were sold during the month—a healthy indicator for both buyers and sellers. With 24 active listings, 19 homes sold, and an average sales price of $1,900,000, the area continues to draw interest from a diverse pool of hom...

• calendar_month November 28, 2024
• category 90034
• post Absorption Rate Explained, Brined Turkey Recipe, Competitive Housing Markets, Holiday Travel Home Prep, JohnHart, JohnHart Real Estate, Los Angeles Housing Market, Nathan Derry, Nathan Derry JohnHart, Nathan Derry Real Estate, Nathan Derry Realty, Nathan Derry, JohnHart Real Estate, October 2024 Housing Update, Palms Real Estate Market, Real Estate Tips for Sellers

Hey, everyone! I’m back with another market update, this time for Pico Robertson, 90035 in November 2024. The absorption rate here came in at 26%. Out of 19 active listings, 5 homes sold, with an average sales price of $1,995,000 and an average of 17 days on the market (DOM). What does this mean? Well, homes are moving—just not at lightning speed—giving both buyers an...

• calendar_month December 19, 2024
• category 90035
• post Buyer’s Market vs. Seller’s Market, Guarding New Home Savings, Holiday Shopping Safety Tips, L.A. Housing Trends 2024, Nathan Derry, Nathan Derry JohnHart, Nathan Derry Real Estate, Nathan Derry Realty, Nathan Derry, JohnHart Real Estate, November 2024 Home Sales, Palms Real Estate Market, Porch Pirate Prevention, Protecting Packages and Purchases, Year-End Real Estate Deals