Culver City is an up-and-coming areas of Los Angeles. An incorporated city which is still commands some of the more affordable real estate on the Westside.
Let’s check in on how the Culver City real estate market did in November.
| NOVEMBER CULVER CITY SINGLE FAMILY MARKET REPORT |
| # Homes | List/Sales Price | ||
| For sale | 20 | $350,000 to $1,265,000 | |
| Under contract | 31 | $300,000 to $1,210,000 | |
| Sold | 21 | $357,000 to $915,000 | |
| November sold median price | $665,000 |
| COMPARISON TO OCTOBER |
| For sale | -4 | |
| Under contract | -12 | |
| Sold | = | |
| Sold median price | -5.00% |
| MARKET ABSORPTION |
| Market history | 1 month | 3 months | 6 months | 12 months |
| Closed transactions | 20 | 65 | 130 | 213 |
| Average sold per month | 20.00 | 21.67 | 21.67 | 17.75 |
| Homes currently for sale | 20 | 20 | 20 | 20 |
| Months supply on the market | 1.00 | 0.92 | 0.92 | 1.13 |
The Culver City single family homes market is heavily into a sellers market. Not surprisingly so since they area always at a premium. Inventory is low and the median price is rising.
| Sellers Market | Balanced Market | Buyers’ Market |
| Less than 5 months | 5 to 7 months | More than 7 months |
Information provided by MLS/CLAW deemed reliable but not guaranteed
| OCTOBER CULVER CITY CONDO MARKET REPORT |
| # Homes | List/Sales Price | ||
| For sale | 20 | $210,000 to $855,000 | |
| Under contract | 31 | $170,000 to $725,000 | |
| Sold | 8 | $164,000 to $535,500 | |
| October sold median price | $352,450 |
| COMPARISON TO SEPTEMBER |
| For sale | -7 | |
| Under contract | -18 | |
| Sold | -9 | |
| Sold median price | +16.32% |
| MARKET ABSORPTION |
| Market history | 1 month | 3 months | 6 months | 12 months |
| Closed transactions | 11 | 41 | 90 | 198 |
| Average sold per month | 11.00 | 13.67 | 15.00 | 16.50 |
| Homes currently for sale | 20 | 20 | 20 | 20 |
| Months supply on the market | 1.82 | 1.46 | 1.33 | 1.21 |
The Culver City condo market is also doing well and favors sellers. Sales are steady and the median price is up.
Previous market reports
Culver City Real Estate Market Report November 2012
Culver City 3rd Qtr Market Report 2012
Culver City Real Estate Half Year Market Report 2012
Homes for sale in Culver City
(Sample Listings)
Showing properties
1 - 10 of 80.
See more Culver City Real Estate for Sale.
(all data current as of
5/26/2013)
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$750,000 : 3823 HURON AVE, Unit 5, Culver City2 beds, 3.0 baths
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$695,000 : 5117 SHOWBOAT LN, Culver City3 beds, 3.0 baths
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$599,000 : 4821 COOLIDGE AVE, Culver City3 beds, 2.0 baths
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$500,000 : 5215 S SEPULVEDA BLVD, Unit 3D, Culver City2 beds, 2.5 baths
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$260,000 : 6625 GREEN VALLEY CIR, Unit 100, Culver City2 beds, 2 full baths
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$525,000 : 3836 BENTLEY AVE, Unit 1, Culver City2 beds, 2 full baths
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$295,800 : 11102 Summertime Lane, Culver City1 bed, 1 full bath
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$429,000 : 5102 Raintree Circle, Culver City2 beds, 2 full baths
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$629,000 : 11430 SEGRELL WAY, Culver City3 beds, 1.0 baths
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$249,000 : 5650 Sumner Way #106, Culver City2 beds, 1 full, 1 part baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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