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 12/19/2014)
$849,000 : 11213 RYANDALE DR, Culver City3 beds, 2 full baths
$350,000 : 5650 CAMBRIDGE WAY, Unit 3, Culver City2 beds, 2 full baths
$719,000 : 12036 BRADDOCK DR, Culver City3 beds, 2 full baths
$1,148,888 : 11213 Garfield Avenue, Culver City3 beds, 1 full, 1 part baths
$389,000 : 5901 CANTERBURY DR, Unit 1, Culver City2 beds, 1 full, 1 part baths
$784,000 : 4144 Duquesne Avenue, Unit 4A, Culver City2 beds, 2 full, 1 part baths
$525,000 : 5116 MAYTIME LN, Culver City3 beds, 2 full baths
$398,000 : 6124 BUCKINGHAM, Unit 203, Culver City2 beds, 2 full baths
$395,000 : 4830 HOLLOW CORNER RD, Unit 186, Culver City2 beds, 1 full bath
$1,089,000 : 11297 RUDMAN DR, Culver City3 beds, 2 full baths
$750,000 : 4348 GLOBE AVE, Culver City2 beds, 1 full bath
$1,100,000 : 4305 JACKSON AVE, Culver City3 beds, 1 full, 1 part baths
$1,299,000 : 10611 YOUNGWORTH RD, Culver City3 beds, 2 full baths
$1,369,000 : 3531 SCHAEFER ST, Culver City4 beds, 2 full, 1 part baths
$400,000 : 5974 BUCKINGHAM, Unit 301, Culver City2 beds, 2 full baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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