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 11/23/2014)
$355,000 : 5651 Windsor Way, Unit 106, Culver City1 bed, 1 full, 1 part baths
$400,000 : 6225 Canterbury Drive, Unit 110, Culver City2 beds, 2 full baths
$340,000 : 4900 Overland Avenue, Unit 130, Culver City1 bed, 1 full bath
$649,000 : 5014 RAINBOWS END, Culver City2 beds, 2 full baths
$940,000 : 4911 Berryman Avenue, Culver City3 beds, 3 full baths
$410,000 : 5900 CANTERBURY DR, Unit A201, Culver City2 beds, 2 full baths
$399,000 : 6050 CANTERBURY DR, Unit F205, Culver City2 beds, 2 full baths
$939,000 : 4014 Van Buren PL, Unit B, Culver City3 beds, 2 full, 1 part baths
$709,000 : 4252 COOLIDGE AVE, Culver City2 beds, 1 full bath
$314,900 : 9204 Summertime Lane, Culver City1 bed, 1 full bath
$745,000 : 5824 CANTERBURY DR, Culver City2 beds, 3 full baths
$420,000 : 6625 GREEN VALLEY CIR, Unit 102, Culver City2 beds, 2 full baths
$399,900 : 5950 Buckingham, Unit 611, Culver City2 beds, 1 full, 1 part baths
$1,299,000 : 3977 MIDWAY AVE, Culver City4 beds, 3 full baths
$825,000 : 11406 MCDONALD ST, Culver City3 beds, 2 full baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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