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 9/21/2014)
$1,125,000 : 4067 LINCOLN AVE, Unit 1, Culver City2 beds, 2 full, 1 part baths
$864,900 : 5449 Berryman Avenue, Culver City3 beds, 2 full baths
$619,000 : 3841 GOLDWYN TER, Culver City2 beds, 1 full, 1 part baths
$347,000 : 5870 GREEN VALLEY CIR, Unit 229, Culver City1 bed, 1 full bath
$775,000 : 3817 MIDWAY AVE, Culver City2 beds, 1 full bath
$450,000 : 6225 Canterbury Drive, Unit 106, Culver City2 beds, 2 full baths
$375,000 : 6355 GREEN VALLEY CIR, Unit 211, Culver City2 beds, 2 full baths
$1,150,000 : 11213 Garfield Avenue, Culver City3 beds, 1 full, 1 part baths
$899,000 : 5917 TELLEFSON RD, Culver City4 beds, 2 full baths
$325,000 : 9212 SUMMERTIME LN, Culver City1 bed, 1 full bath
$499,950 : 5021 PURDUE AVE, Culver City3 beds, 2 full baths
$378,000 : 10201 SUMMERTIME LN, Culver City2 beds, 2 full baths
$305,000 : 9109 Summertime Lane, Unit 109, Culver City1 bed, 1 full bath
$373,000 : 5870 GREEN VALLEY CIR, Unit 329, Culver City1 bed, 1 full bath
$1,249,000 : 10641 YOUNGWORTH RD, Culver City3 beds, 1 full, 1 part baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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