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.
See all Culver City Real Estate for Sale.
(all data current as of 4/17/2014)
$749,000 : 11926 CULVER DR, Culver City3 beds, 2 full, 1 part baths
$849,950 : 11060 BRADDOCK DR, Culver City3 beds, 1 full, 1 part baths
$899,000 : 11257 GRAYRIDGE DR, Culver City3 beds, 2 full baths
$419,000 : 5815 DOVERWOOD DR, Unit 22, Culver City2 beds, 1 full, 1 part baths
$439,000 : 4832 HOLLOW CORNER RD, Unit 299, Culver City3 beds, 1 full, 1 part baths
$795,000 : 10746 BRADDOCK DR, Culver City3 beds, 2 full baths
$549,000 : 12103 CULVER DR, Culver City1 bed, 1 full bath
$479,000 : 6151 CANTERBURY DR, Unit 308, Culver City3 beds, 1 full, 1 part baths
3 beds, 2 full baths
$1,150,000 : 11213 Garfield Avenue, Culver City3 beds, 2 full baths
$930,000 : 3938 TULLER AVE, Culver City3 beds, 2 full baths
$829,000 : 5941 BLAIRSTONE DR, Culver City4 beds, 2 full baths
$599,000 : 4220 SAWTELLE, Culver City3 beds, 2 full baths
$669,000 : 4816 INGLEWOOD, Culver City2 beds, 1 full, 1 part baths
$259,900 : 2211 SUMMERTIME LN, Culver City1 bed, 1 full bath
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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