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 12/12/2013)
$798,000 : 12140 HAVELOCK AVE, Culver City4 beds, 1 full, 2 part baths
$719,000 : 4371 TULLER AVE, Culver City3 beds, 1 full bath
$499,900 : 5022 SAWTELLE, Culver City2 beds, 1 full bath
$749,000 : 5256 PURDUE AVE, Culver City3 beds, 1 full, 1 part baths
$779,900 : 13346 W Washington BLVD, Culver City2 beds, 2 full baths
$375,000 : 4919 INDIAN WOOD RD, Unit 395, Culver City2 beds, 1 full, 1 part baths
$372,000 : 4840 HOLLOW CORNER RD, Unit 420, Culver City2 beds, 1 full bath
$859,000 : 11172 Braddock Drive, Culver City3 beds, 1 full, 2 part baths
$879,000 : 11214 HUNTLEY PL, Culver City3 beds, 2 full baths
$1,489,000 : 11411 CULVER PARK DR, Culver City4 beds, 3 full baths
$349,000 : 11568 W BRADDOCK DR, Culver City5 beds, 3 full baths
$760,000 : 10815 KELMORE ST, Culver City2 beds, 1 full bath
$689,000 : 5368 Inglewood Blvd., Culver City3 beds, 2 full baths
$378,000 : 6174 Buckingham, Unit 103, Culver City2 beds, 2 full baths
$374,900 : 5974 Buckingham, Unit 301, Culver City2 beds, 2 full baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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