Lets take a look at the Culver City housing market, and how it did in 2011.
Market absorption really shows the picture. It shows the number of months it will take to sell the existing inventory based on the average sales per month. 6 months is a balanced market. Less than 6 months favors sellers and more than 6 months favors buyers.
The Culver City single family housing market definitely favors sellers. Although the median price is down over the previous year, the number of homes sold is up. Culver City being the up-and-coming area that it is, there is a shortage of good inventory.
Like the single family market, the Culver City condo market also favors sellers, even though the number of condos sold and median price are down. Inventory is low.
Culver city home sellers thinking of putting your property on the market, now is a great time.
See all Culver City Real Estate for Sale.
(all data current as of 1/25/2015)
$429,000 : 14108 SUMMERTIME LN, Culver City2 beds, 2 full baths
$885,000 : 5452 Blanco Way, Culver City2 beds, 2 full baths
$427,000 : 6000 CANTERBURY DR, Unit D-301, Culver City2 beds, 1 full, 1 part baths
$739,000 : 4035 LAFAYETTE PL, Unit D, Culver City2 beds, 2 full, 1 part baths
$379,900 : 5950 BUCKINGHAM, Unit 401, Culver City1 bed, 1 full, 1 part baths
$969,000 : 11110 ORVILLE ST, Culver City4 beds, 1 full, 1 part baths
$309,000 : 4933 INDIAN WOOD RD, Unit 362, Culver City1 bed, 1 full bath
$1,236,000 : 5318 HERITAGE PL, Culver City3 beds, 2 full, 1 part baths
$875,000 : 4112 TILDEN AVE, Culver City2 beds, 1 full, 1 part baths
$407,000 : 4900 OVERLAND AVE, Unit 120, Culver City2 beds, 2 full baths
$2,299,000 : 4300 Coombs AVE, Culver City5 beds, 4 full, 1 part baths
$349,900 : 6605 GREEN VALLEY CIR, Unit 111, Culver City2 beds, 2 full baths
$1,049,000 : 10722 BRADDOCK DR, Culver City3 beds, 1 full, 1 part baths
$419,000 : 14101 SUMMERTIME LN, Culver City2 beds, 1 full, 1 part baths
$292,000 : 10102 SUMMERTIME LN, Culver City1 bed, 1 full bath
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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