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.
2 beds, 2 full baths
$490,000 : 5951 Canterbury , Unit 7, Culver City2 beds, 2 full baths
$599,000 : 4929 MAYTIME Lane, Culver City3 beds, 2 full baths
$1,349,000 : 4171 CENTER Street, Culver City3 beds, 2 full baths
$449,000 : 4900 OVERLAND Avenue , Unit 114, Culver City2 beds, 2 full baths
$1,299,000 : 4381 VINTON Avenue, Culver City3 beds, 2 full, 1 half baths
$884,000 : 12336 MARSHALL Street, Culver City3 beds, 3 full baths
$1,000,000 : 11297 GRAYRIDGE Drive, Culver City3 beds, 2 full baths
2 beds, 2 full baths
$1,199,000 : 11110 WOOLFORD Street, Culver City3 beds, 1 full, 1 three-quarter baths
$1,648,000 : 10836 MARIETTA Avenue, Culver City3 beds, 2 full, 1 half baths
$950,000 : 4826 Beloit Avenue, Culver City3 beds, 2 full baths
$875,000 : 11260 OVERLAND Avenue , Unit 9C, Culver City3 beds, 2 full, 1 half baths
$780,000 : 3920 HURON Avenue , Unit 5, Culver City3 beds, 3 full baths
$1,199,000 : 10945 STEVER Street, Culver City3 beds, 2 full, 1 quarter baths
See all Culver City Real Estate for Sale.
(all data current as of 7/27/2016)
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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