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.
$375,000 : 5108 RAINTREE Circle, Culver City1 bed, 1 full bath
$920,000 : 5385 Selmaraine Drive, Culver City3 beds, 1 full bath
$3,700,000 : 4114 VINTON Avenue, Culver City3 beds, 1 full bath
2 beds, 1 full, 1 three-quarter baths
$699,000 : 11260 OVERLAND Avenue , Unit 9F, Culver City3 beds, 2 full, 1 half baths
$599,000 : 4115 DUQUESNE Avenue , Unit 1, Culver City1 bed, 1 full bath
$499,000 : 4190 DUQUESNE Avenue , Unit 1, Culver City1 bed, 1 full bath
$1,299,000 : 8929 HUBBARD Street, Culver City3 beds, 2 full baths
$1,099,999 : 4942 S Slauson Avenue, Culver City3 beds, 1 full bath
$1,525,000 : 5398 EMPORIA Avenue, Culver City3 beds, 2 full baths
$2,368,000 : 10712 Whitburn Street, Culver City5 beds, 4 full, 1 half baths
$1,285,000 : 5905 STONEVIEW Drive, Culver City4 beds, 2 full baths
1 bed, 1 full bath
$499,000 : 5625 WINDSOR Way , Unit 203, Culver City2 beds, 2 full baths
$1,099,000 : 4735 Berryman Avenue, Culver City3 beds, 2 full baths
See all Culver City Real Estate for Sale.
(all data current as of 2/22/2017)
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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