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 3/2/2015)
$625,000 : 5022 Butterfield Court, Culver City2 beds, 3 full baths
$354,000 : 5870 GREEN VALLEY CIR, Unit 110, Culver City1 bed, 1 full bath
$995,000 : 4197 MENTONE AVE, Culver City3 beds, 1 full, 1 part baths
$1,150,000 : 11182 Lindblade Street, Culver City6 beds, 3 full baths
$769,000 : 3050 REID AVE, Culver City2 beds, 1 full bath
$319,000 : 5901 CANTERBURY DR, Unit 8, Culver City1 bed, 1 full bath
$1,395,000 : 4220 IRVING PL, Culver City5 beds, 3 full baths
$479,000 : 6515 GREEN VALLEY CIR, Unit 300, Culver City2 beds, 2 full baths
$429,000 : 5815 DOVERWOOD DR, Unit 21, Culver City2 beds, 1 full, 1 part baths
$750,000 : 11551 Braddock Drive, Culver City3 beds, 2 full baths
$1,249,000 : 5422 Janisann Avenue, Culver City3 beds, 2 full baths
$989,000 : 4014 VAN BUREN PL, Unit 1, Culver City0 beds, 2 full, 1 part baths
$1,095,000 : 4244 MADISON AVE, Culver City3 beds, 1 full, 1 part baths
$1,150,000 : 4127 BLEDSOE AVE, Culver City4 beds, 2 full, 1 part baths
$399,000 : 12112 SUMMERTIME LN, Unit 112, Culver City2 beds, 2 full baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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