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.
$575,000 : 10305 Summertime Lane, Culver City2 beds, 2 full baths
$1,795,000 : 4180 DUQUESNE Avenue, Culver City2 beds, 2 full baths
3 beds, 2 full, 1 quarter baths
2 beds, 1 full bath
$850,000 : 4072 Sawtelle Boulevard, Culver City3 beds, 2 full baths
$999,999 : 4351 ELENDA Street, Culver City3 beds, 1 full, 1 three-quarter baths
2 beds, 2 full baths
$929,000 : 4767 IMLAY Avenue, Culver City3 beds, 2 full baths
$875,000 : 9435 Lucerne Avenue, Culver City2 beds, 1 full, 1 half baths
$1,325,000 : 4225 LAFAYETTE Place, Culver City3 beds, 1 full, 1 three-quarter baths
2 beds, 1 full bath
$425,000 : 5651 WINDSOR Way , Unit 303, Culver City2 beds, 1 full, 1 half baths
$849,990 : 4330 Corinth Avenue, Culver City3 beds, 1 full bath
$1,550,000 : 10826 WAGNER Street, Culver City3 beds, 2 full, 1 three-quarter baths
$1,150,000 : 8941 KRUEGER Street, Culver City2 beds, 1 full bath
See all Culver City Real Estate for Sale.
(all data current as of 12/2/2016)
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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