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.
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See more Culver City Real Estate for Sale.
(all data current as of 5/24/2013)
$249,000 : 5650 Sumner Way #106, Culver City2 beds, 1 full, 1 part baths
$475,000 : 5013 MAYTIME LN, Culver City3 beds, 2.0 baths
$1,250,000 : 3858 GIRARD AVE, Culver City5 beds, 4.0 baths
$470,000 : 4937 Maytime Lane, Culver City3 beds, 2 full baths
$549,000 : 11260 OVERLAND AVE, Unit 3A, Culver City3 beds, 2.5 baths
$947,000 : 10615 FLAXTON ST, Culver City3 beds, 2.5 baths
$599,000 : 4740 Sawtelle Boulevard, Culver City3 beds, 1 full bath
$1,019,000 : 3959 MIDWAY AVE, Culver City3 beds, 2 full, 1 part baths
$749,000 : 11242 BRADDOCK DR, Culver City3 beds, 2 full baths
$429,000 : 5651 SUMNER WAY, Unit 302, Culver City2 beds, 2 full baths
$600,000 : 4323 Corinth Avenue, Culver City3 beds, 1 full bath
$699,000 : 5379 BLANCO WAY, Culver City4 beds, 2.0 baths
$1,249,000 : 5148 FAIRBANKS WAY, Culver City5 beds, 3.0 baths
$885,000 : 4156 JACKSON AVE, Culver City3 beds, 2.0 baths
$247,000 : 4207 SUMMERTIME LN, Culver City1 bed, 1.0 baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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