Greetings, residents and prospective homebuyers in Whittier! As we delve into the real estate landscape of the charming 90601 zip code, Kenny from Johnhart Real Estate brings you an insightful market update for the month of October 2023. Let's explore the current trends and statistics for single-family homes in this vibrant city.

Active Listings: In October 2023, the 90601 zip code boasted 25 active listings, showcasing a dynamic real estate market with a variety of options for potential buyers. The availability of diverse properties contributes to the area's appeal, ensuring there's something for everyone in Whittier.

Price per Square Foot: One of the key metrics to consider when evaluating the real estate market is the price per square foot. In Whittier 90601, the average price per square foot stood at $528. This figure reflects the value of the properties in this area, providing valuable insights for both buyers and sellers in understanding the market dynamics.

Average Time on the Market: Time is of the essence in real estate, and in Whittier 90601, homes spent an average of 14 days on the market in October 2023. This relatively short duration indicates a robust demand for properties, emphasizing the desirability of the area for those looking to buy or sell their homes.

Median Listing Price: For the month under review, the median listing price in Whittier 90601 was $899,999. This figure serves as a benchmark for understanding the general pricing trends in the area, guiding both buyers and sellers in making informed decisions.

Homes Sold: A total of 11 homes found new owners in October 2023, signifying a steady pace of transactions. This number reflects the ongoing interest and activity within the local real estate market.

Median Sold Price: The median sold price for homes in Whittier 90601 during October 2023 was $875,000. This key statistic provides a snapshot of the actual market performance, indicating the value at which homes are changing hands in the area.

The real estate market in Whittier 90601 remains dynamic and promising. Whether you're a potential buyer exploring the available options or a homeowner contemplating selling, these statistics offer valuable insights. For personalized guidance and assistance in navigating the Whittier real estate scene, reach out to Kenny at Johnhart Real Estate. Stay tuned for more updates as we continue to monitor and analyze the ever-evolving real estate landscape in your community.

Quick Tip! Here are five essential tips for homebuyers, along with specific considerations during the home inspection process:

1.) Conduct a Thorough Home Inspection: Before finalizing your decision, ensure a comprehensive home inspection is conducted. Look for signs of dampness or water damage, as these issues can lead to long-term problems. A professional inspection will help identify potential concerns and give you a clearer picture of the home's overall condition.

2.) Check for Signs of Dampness: Signs of dampness, such as water stains on walls or ceilings, must not be overlooked. These can indicate underlying issues like leaks or inadequate drainage. Pay close attention to areas like basements and bathrooms, where dampness is more likely to occur.

3.) Evaluate Water Pressure: Adequate water pressure is crucial for a comfortable living experience. During your visit, test the water pressure in sinks, showers, and other water fixtures. Low water pressure might be a symptom of plumbing issues that could require attention.

4.) Inspect Plumbing System: Understanding the type of pipes in the house is essential. Different materials have varying lifespans and potential issues. Galvanized steel pipes, for example, may be prone to corrosion, while newer materials like PEX are known for durability. Knowing the type of pipes can help you anticipate maintenance needs.

5.) Check Plumbing Fixtures: Don't forget to flush toilets, turn on faucets, and inspect other plumbing fixtures. Look for any signs of leaks or malfunctions. Well-maintained plumbing is crucial for the overall functionality of a home, and addressing potential issues early can save you from unexpected repairs down the road.

Remember, a diligent inspection process is your ally in making an informed home purchase. If you have any questions or need further guidance, don't hesitate to reach out to Johnhart Real Estate. Happy house hunting!

👨‍💼Kenneth Linares

🏢JohnHart Real Estate

☎️ (310) 299-6808

📧 kenneth@jhagents.com