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.
$1,329,000 : 10752 Ranch Road, Culver City3 beds, 2 full baths
$1,238,000 : 3835 Lenawee Avenue, Culver City3 beds, 3 full baths
$899,000 : 3800 Lenawee Avenue, Culver City3 beds, 1 full, 1 part baths
$899,000 : 10731 Oregon Avenue, Culver City2 beds, 1 full bath
$525,000 : 6535 Green Valley Circle, Culver City3 beds, 3 full baths
$475,000 : 12203 Summertime Lane, Culver City2 beds, 2 full baths
$595,000 : 5015 Sawtelle Boulevard, Culver City2 beds, 1 full bath
$749,000 : 4249 East, Unit 1, Culver City3 beds, 2 full, 1 part baths
$895,000 : 11938 Culver Drive, Culver City3 beds, 3 full, 1 part baths
$1,689,000 : 4220 Revere Place, Culver City4 beds, 3 full baths
$1,100,000 : 4152 Mentone Avenue, Culver City3 beds, 2 full, 1 part baths
$395,000 : 5651 Windsor Way, Unit 203, Culver City2 beds, 1 full, 1 part baths
$359,000 : 3115 Raintree Circle, Culver City1 bed, 1 full bath
$1,199,000 : 4141 Duquesne Avenue, Unit 5, Culver City2 beds, 1 full, 2 part baths
$1,149,000 : 4082 Jackson Avenue, Culver City3 beds, 2 full baths
See all Culver City Real Estate for Sale.
(all data current as of 8/3/2015)
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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