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.
$1,695,000 : 4081 VAN BUREN Place, Culver City4 beds, 2 full, 1 half baths
$1,295,000 : 4163 JASMINE Avenue, Culver City3 beds, 1 full, 1 three-quarter baths
$595,000 : 3900 LENAWEE Avenue , Unit 7, Culver City3 beds, 3 full baths
2 beds, 1 full, 1 half baths
$925,000 : 12316 BRADDOCK Drive, Culver City2 beds, 1 full bath
$1,179,000 : 10775 WHITBURN Street, Culver City3 beds, 1 full, 1 three-quarter baths
$599,000 : 4720 CAMPBELL Drive, Culver City2 beds, 1 full bath
$1,429,000 : 3941 REDWOOD Avenue, Culver City3 beds, 1 full, 2 three-quarter baths
$785,000 : 12105 Culver Drive, Culver City2 beds, 1 full, 1 half baths
$937,000 : 4034 COLONIAL Avenue, Culver City3 beds, 3 full baths
$2,368,000 : 10712 Whitburn Street, Culver City5 beds, 4 full, 1 half baths
$1,795,000 : 11911 ANETA Street, Culver City5 beds, 3 full, 1 three-quarter baths
$2,059,000 : 4174 BALDWIN Avenue, Culver City5 beds, 5 full baths
$1,599,000 : 4449 JASMINE Avenue, Culver City4 beds, 2 full, 1 half baths
$1,550,000 : 10722 OREGON Avenue, Culver City4 beds, 4 full baths
See all Culver City Real Estate for Sale.
(all data current as of 1/20/2017)
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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