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.
$1,049,000 : 10021 Farragut Drive, Culver City3 beds, 2 full, 1 half baths
$330,000 : 4900 Overland Avenue, Unit 127, Culver City1 bed, 1 full bath
$1,389,000 : 4050 Midway Avenue, Culver City4 beds, 3 full baths
$1,478,900 : 4045 Harter Avenue, Culver City4 beds, 2 full baths
2 beds, 1 full, 1 three-quarter, 1 half baths
$1,288,000 : 11910 Juniette Street, Culver City4 beds, 3 full baths
$986,000 : 10946 Wagner Street, Culver City3 beds, 1 full bath
$1,349,000 : 8933 Hubbard Str Street, Culver City4 beds, 2 full, 1 three-quarter baths
$1,189,000 : 4419 Keystone Avenue, Culver City3 beds, 2 full baths
$1,495,000 : 4342 Vinton Avenue, Culver City4 beds, 3 full baths
$779,000 : 11260 Overland Avenue, Unit 16D, Culver City4 beds, 2 full, 1 half baths
2 beds, 1 full, 1 half baths
$415,000 : 4900 Overland Avenue, Unit 161, Culver City2 beds, 2 full baths
$969,000 : 11295 Malat Way, Culver City3 beds, 2 full baths
$325,000 : 4103 Summertime Lane, Culver City1 bed, 1 full bath
See all Culver City Real Estate for Sale.
(all data current as of 2/11/2016)
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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