It is always interesting to see how the Culver City real estate market is doing, especially watching its growth and now that the Expo Line is due to open there next month.
The numbers are taken from the MLS/CLAW and are deemed reliable but not guaranteed. Also, they reflect single family home sales only.
Number sold: 31, a 55% increase over the same period last year.
Median price: $525,000, a 4.68% decrease over the same period last year.
There are currently 33 active listings. So with an average sale of 10.33 homes per month, the absorption rate is 3.19 months, which means that is the time it will take to sell the existing inventory. A stable market is 6 months. Anything below is a sellers’ market.
With only 33 Culver City homes for sale right now, and an absorption rate of 3 months, sellers in the area will do well to consider now as a good time to put their homes on the market. There are buyers out looking.
Culver City homes for sale
$1,495,000 : 5136 BERRYMAN Avenue, Culver City4 beds, 3 full, 1 quarter baths
$1,099,000 : 4127 CHARLES Avenue, Culver City3 beds, 2 full baths
$969,000 : 11435 CULVER PARK Drive, Culver City4 beds, 2 full baths
$1,399,000 : 4045 Harter Avenue, Culver City4 beds, 2 three-quarter baths
$1,250,000 : 4229 JASMINE Avenue, Culver City2 beds, 1 full bath
$979,000 : 11135 GREENLAWN Avenue, Culver City3 beds, 1 full, 1 three-quarter baths
$1,475,000 : 4124 VINTON Avenue, Culver City3 beds, 2 full baths
$1,378,000 : 10749 MOLONY Road, Culver City3 beds, 1 full, 1 three-quarter baths
$969,000 : 4036 SAWTELLE, Culver City2 beds, 2 full baths
$2,148,000 : 5721 TELLEFSON Road, Culver City4 beds, 2 full, 1 three-quarter, 1 half baths
$795,000 : 5311 Inglewood Boulevard, Culver City3 beds, 2 full baths
$1,050,000 : 11229 GARFIELD Avenue, Culver City3 beds, 1 full, 1 half baths
$1,249,000 : 10823 LINDBLADE Street, Culver City3 beds, 2 full baths
$975,000 : 3147 Reid Avenue, Culver City3 beds, 2 full baths
$999,500 : 11231 RYANDALE Drive, Culver City3 beds, 2 full baths
See all Culver City Single Family Homes for Sale.
(all data current as of 6/26/2016)
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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