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 3/30/2015)
$299,000 : 4106 Summertime Lane, Culver City1 bed, 1 full bath
$299,000 : 4106 SUMMERTIME LN, Culver City1 bed, 1 full bath
$1,199,000 : 4282 Jasmine Avenue, Culver City3 beds, 2 full baths
$649,000 : 11260 Overland Avenue, Unit 26G, Culver City3 beds, 3 full baths
$1,199,000 : 4282 JASMINE AVE, Culver City3 beds, 2 full baths
$649,000 : 11260 OVERLAND AVE, Unit 26G, Culver City3 beds, 3 full baths
$649,000 : 11108 Matteson Avenue, Culver City2 beds, 1 full bath
$649,000 : 11108 MATTESON AVE, Culver City2 beds, 1 full bath
$561,100 : 5629 Canterbury Drive, Culver City2 beds, 3 full baths
1 bed, 1 full bath
$1,549,000 : 3348 Cattaraugus Avenue, Culver City4 beds, 4 full baths
$309,000 : 10202 Summertime Lane, Culver City1 bed, 1 full bath
$1,125,000 : 4294 Vinton Avenue, Culver City2 beds, 1 full, 1 part baths
$291,000 : 6000 CANTERBURY DR, Unit D206, Culver City1 bed, 1 full bath
$309,000 : 10202 SUMMERTIME LN, Culver City1 bed, 1 full bath
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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