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 7/29/2014)
$499,000 : 14305 SUMMERTIME LN, Unit 305, Culver City3 beds, 2 full baths
2 beds, 2 full baths
$429,000 : 2308 SUMMERTIME LANE LN, Culver City2 beds, 2 full baths
2 beds, 2 full baths
$799,000 : 11301 GRAYRIDGE DR, Culver City3 beds, 2 full baths
$769,000 : 5226 EMPORIA AVE, Culver City4 beds, 2 full baths
$349,900 : 6355 GREEN VALLEY CIR, Unit 201, Culver City2 beds, 2 full baths
$1,345,000 : 11237 SEGRELL WAY, Culver City4 beds, 3 full, 1 part baths
$849,000 : 10965 BARMAN AVE, Culver City3 beds, 1 full, 1 part baths
$749,000 : 5401 COOLIDGE AVE, Culver City3 beds, 1 full bath
$655,000 : 4938 IMLAY AVE, Culver City2 beds, 1 full bath
$1,050,000 : 10732 WHITBURN ST, Culver City4 beds, 1 full, 1 part baths
$419,888 : 4903 S Indian Wood RD, Unit 210, Culver City2 beds, 1 full, 1 part baths
$999,999 : 3936 WALGROVE AVE, Culver City4 beds, 2 full, 1 part baths
$619,000 : 4307 Duquesne AVE, Unit 1, Culver City3 beds, 2 full, 1 part baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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