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 10/25/2014)
$395,000 : 5201 SUMMERTIME LN, Culver City2 beds, 2 full baths
$399,900 : 5950 BUCKINGHAM, Unit 404, Culver City1 bed, 2 full baths
$599,000 : 3847 Goldwyn Terrace, Culver City3 beds, 1 full bath
$409,000 : 6345 GREEN VALLEY CIR, Unit 318, Culver City2 beds, 2 full baths
$340,000 : 5870 GREEN VALLEY CIR, Unit 104, Culver City1 bed, 1 full bath
$775,000 : 5111 SHOWBOAT LN, Culver City3 beds, 2 full, 1 part baths
$550,000 : 9435 Lucerne Avenue, Culver City2 beds, 1 full bath
2 beds, 2 full, 1 part baths
$1,350,000 : 4942 S SLAUSON AVE, Culver City3 beds, 1 full bath
$400,000 : 4631 South Slauson Avenue, Culver City2 beds, 1 full bath
$379,000 : 7101 Summertime Lane, Unit 101, Culver City2 beds, 1 full, 1 part baths
$949,000 : 8955 CARSON ST, Culver City1 bed, 1 full bath
$949,000 : 10851 BARMAN AVE, Culver City4 beds, 1 full, 1 part baths
$675,000 : 5618 CANTERBURY DR, Culver City2 beds, 3 full baths
$750,000 : 3823 HURON AVE, Unit 2, Culver City2 beds, 2 full, 1 part baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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