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 3/12/2014)
$375,000 : 6355 GREEN VALLEY CIR, Unit 211, Culver City2 beds, 2 full baths
$679,000 : 4116 HIGUERA ST, Culver City3 beds, 2 full baths
$1,100,000 : 4025 COOGAN CIR, Culver City3 beds, 2 full, 1 part baths
$689,000 : 11232 SEGRELL WAY, Culver City3 beds, 1 full, 1 part baths
$850,000 : 4348 LE BOURGET AVE, Culver City3 beds, 2 full baths
$895,000 : 4070 ALBRIGHT AVE, Culver City3 beds, 2 full baths
$699,000 : 4337 DUQUESNE AVE, Culver City2 beds, 2 full, 1 part baths
$279,000 : 13208 SUMMERTIME LN, Culver City1 bed, 1 full bath
$1,095,000 : 11172 BRADDOCK DR, Culver City3 beds, 2 full, 1 part baths
$315,000 : 8213 Raintree Circle, Culver City1 bed, 1 full bath
$670,000 : 3958 Bentley Avenue, Unit 2, Culver City3 beds, 3 full baths
$419,000 : 6315 GREEN VALLEY CIR, Unit 206, Culver City2 beds, 2 full baths
$479,500 : 6050 CANTERBURY DR, Unit F-223, Culver City3 beds, 1 full, 1 part baths
$399,000 : 5974 BUCKINGHAM PKY, Unit 201, Culver City2 beds, 1 full, 1 part baths
$745,000 : 3823 HURON AVE, Unit 5, Culver City2 beds, 2 full, 1 part baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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