How is the Culver City real estate market doing? Let’s see October’s stats.
| OCTOBER CULVER CITY SINGLE FAMILY MARKET REPORT |
| # Homes | List/Sales Price | ||
| For sale | 24 | $394,000 to $1,265,000 | |
| Under contract | 43 | $359,999 to $1,210,000 | |
| Sold | 21 | $510,000 to $1,305,000 | |
| October sold median price | $700,000 |
| COMPARISON TO SEPTEMBER |
| For sale | +8 | |
| Under contract | +21 | |
| Sold | -3 | |
| Sold median price | -+9.63% |
| MARKET ABSORPTION |
| Market history | 1 month | 3 months | 6 months | 12 months |
| Closed transactions | 21 | 66 | 128 | 202 |
| Average sold per month | 21.00 | 22.00 | 21.33 | 16.83 |
| Homes currently for sale | 21 | 21 | 21 | 21 |
| Months supply on the market | 1.00 | 0.95 | 0.98 | 1.25 |
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 | 27 | $225,000 to $615,000 | |
| Under contract | 49 | $155,000 to $675,000 | |
| Sold | 17 | $167,000 to $405,000 | |
| October sold median price | $303,000 |
| COMPARISON TO SEPTEMBER |
| For sale | +3 | |
| Under contract | +8 | |
| Sold | -1 | |
| Sold median price | +5.04% |
| MARKET ABSORPTION |
| Market history | 1 month | 3 months | 6 months | 12 months |
| Closed transactions | 17 | 48 | 100 | 204 |
| Average sold per month | 17.00 | 16.00 | 16.67 | 17.00 |
| Homes currently for sale | 27 | 27 | 27 | 27 |
| Months supply on the market | 1.59 | 1.69 | 1.62 | 1.59 |
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 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 84. See more Culver City Real Estate for Sale.
(all data current as of 11/15/2012)
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$234,999 : 6225 Canterbury Dr 203, Culver City2 beds, 2 full baths
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$725,000 : 4511 EMERALD WAY, Culver City3 beds, 2.5 baths
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$599,500 : 4333 DUQUESNE AVE, Culver City2 beds, 3.0 baths
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$679,000 : 8615 MELVIL ST, Los Angeles4 beds, 2.0 baths
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$295,000 : 5900 CANTERBURY DR, Unit A-106, Culver City2 beds, 1 full, 1 part baths
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$335,000 : 6151 CANTERBURY DR, Unit 309, Culver City3 beds, 2.0 baths
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$499,000 : 12219 BRADDOCK DR, Culver City2 beds, 1.0 baths
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$279,900 : 6050 CANTERBURY DR, Unit E116, Culver City2 beds, 1 full, 1 part baths
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$279,500 : 6415 GREEN VALLEY CIR, Unit 315, Culver City2 beds, 2 full baths
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$780,000 : 3841 CRESTVIEW RD, Culver City3 beds, 3.0 baths
Listing information deemed reliable but not guaranteed. Read full disclaimer.
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