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.
$699,000 : 3929 Globe Avenue, Culver City2 beds, 1 full bath
$749,000 : 11415 Braddock Drive, Culver City3 beds, 2 full baths
$1,129,000 : 4119 Motor Avenue, Culver City3 beds, 2 full baths
$1,925,000 : 10830 Pickford Way, Culver City4 beds, 3 full baths
$1,449,000 : 11131 Greenlawn Avenue, Culver City5 beds, 3 full baths
$958,000 : 5221 Purdue Avenue, Culver City4 beds, 2 full baths
$899,000 : 10707 Flaxton Street, Culver City2 beds, 2 full baths
$720,000 : 11559 Segrell Way, Culver City3 beds, 1 full bath
$1,099,000 : 4353 Tuller Avenue, Culver City4 beds, 2 full baths
$689,000 : 11260 Overland Avenue, Unit 20H, Culver City4 beds, 3 full baths
2 beds, 1 full, 1 part baths
$424,999 : 5875 Doverwood Drive, Unit 311, Culver City2 beds, 2 full baths
$799,900 : 4513 South Slauson Avenue, Culver City3 beds, 3 full baths
$439,000 : 5203 Summertime Lane, Culver City2 beds, 2 full baths
$2,000,000 : 9026 Hubbard Street, Culver City4 beds, 2 full, 1 part baths
See all Culver City Real Estate for Sale.
(all data current as of 5/28/2015)
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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