Culver City Real Estate Market Trends

Originally posted on January 19, 2011

Culver City Real Estate Market Trends, Culver City Housing Market Report

If you are looking at Culver City real estate with an eye to buying a home, or you are thinking of selling your home in Culver City, you are probably wondering how the housing market did in 2010.

Culver City still remains a desirable place to live.  It is an artistic community with an ever growing number of restaurants opening.  And the metro line in phase one of constructions, slated to carry passengers from downtown to Santa Monica, is only going to increase the housing values in the area.

Culver City real estate still remains affordable, and if you have any interest in income property, Culver City does not have rent control!

So how did Culver City real estate do in 2010?

Culver City Real Estate Market Trends, Culver City Housing Market Report

The Culver City single family housing market remains very strong.  Inventory is fairly low, average days on the market are under 2 months, average sales prices are steady and the sales vs list price is high.  The single family market is a sellers’ market.

Culver City Real Estate Condos Market Report, Culver City Real Estate Housing Trends

The Culver City condo market, is slowing down, although is still quite balanced, with just over 6 months of inventory, which indicates a buyers’ market.  Average prices are fairly steady, average days on the market under 3 months, and sales vs list price reasonably high.

If you are looking at buying or selling a Culver City home, now is not a terrible time.

Map of Culver City, CA

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Buying or Selling Los Angeles Real Estate

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For more information on how I can best serve your Los Angeles real estate needs, please fill out the online contact form or give me a call at 310-473-6919.

Jane Peters knows L.A. Real Estate. Let me do the Work for You!

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