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Absorption Rate in West Adams, 90016: Time to Prep Your Home for the Holidays!

Hey, it's Nathan Derry with JohnHart Real Estate! The absorption rate for West Adams, 90016, in September 2024 comes in at 22%, meaning it's a bit of a slower market right now. Of the 32 active listings, only 7 homes sold, with an average sales price of $1,299,999. Homes are also spending an average of 47 days on the market (DOM), which means buyers have time on their side. What ...

West Adams Real Estate Update: October 2024

Hello, everyone! I’m Nathan Derry with JohnHart Real Estate, bringing you the latest market update for West Adams, 90016, and sharing some practical advice for homeowners as we approach the holiday season. In October 2024, West Adams saw an absorption rate of 28%, with 39 active listings and 11 homes sold. Properties here sold at an average price of $1,500,000 and spent just 16 days o...