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Culver City Real Estate Trend 1st Qtr 2013

By
Real Estate Broker/Owner with Home Jane Realty BRE# 01439865

Culver City is one of the up-and-coming areas of Los Angeles. It is one of the more sought-after neighborhoods due to its place on the Expo line which runs from Downtown Los Angeles, to be continued to Santa Monica, and the gentrification of its downtown area with boutiques, galleries and restaurants.

Culver City real estate 1st Qtr 2013

How did Culver City real estate fare for the 1st Quarter of 2013 compared with the 4th Qtr of 2012?

Culver City Single Family Sales

Sold +/- Median +/- Active Median Pending
39 -27 $725,000 +8.29% 24 $809,450 38

Culver City condo sales 

Sold +/- Median +/- Active Median Pending
46 +8 $327,500 +5.30% 6 $375,500 56

 

Sellers Market Balanced Market Buyers’ Market
Less than 5 months 5 to 7 months More than 7 months

Information taken from the MLS/CLAW deemed reliable but not guaranteed

Sales of single family homes was down significantly of the last Quarter of 2012.  Condo sales were up slightly and the median price was up in both categories.

However, there is still a severe shortage of inventory in both categories.  In an area with a high condo demographic there are only 6 units listed with 56 in escrow.

Culver city real estate is an extreme sellers’ market.

Previous Posts

Culver City Real Estate.  The Year in Review
Culver City Third Quarter Market Report

Homes for sale in Culver City

 

 

 

 

Showing properties 1 - 15 of 54. See more Culver City Real Estate for Sale
(all data current as of 4/16/2013)

  1. Photo of 4900 OVERLAND AVE, Unit 266, Culver City, CA 90230 (MLS # 13665059)
    2 beds, 1.75 baths
    Home size: 962 sq ft
    Lot size: 6.13 ac
    Year built: 1973
    Days on market: 4
     
  2. Photo of 11809 JUNIETTE ST, Culver City, CA 90230 (MLS # 13664961)
    3 beds, 2.0 baths
    Home size: 1,471 sq ft
    Lot size: 8,966 sqft
    Year built: 1949
    Days on market: 4
     
  3. Photo of 4271 MADISON AVE, Culver City, CA 90232 (MLS # 13664821)
    5 beds, 3.5 baths
    Home size: 3,043 sq ft
    Lot size: 6,745 sqft
    Year built: 1952
    Parking spots: 2
    Days on market: 4
     
  4. Photo of 5215 SEPULVEDA, Unit 27C, Culver City, CA 90230 (MLS # 13664341)
    2 beds, 1 full, 1 part baths
    Home size: 1,254 sq ft
    Lot size: 2.07 ac
    Year built: 1964
    Parking spots: 2
    Days on market: 5
     
  5. Photo of 4142 Wade, Culver City, CA 90066 (MLS # PW13064181)
    2 beds, 1 full, 1 part baths
    Home size: 1,042 sq ft
    Lot size: 7,925 sqft
    Year built: 1952
    Parking spots: 6
    Days on market: 5
     
  6. Photo of 4828 Sawtelle Boulevard, Culver City, CA 90230 (MLS # IG13064032)
    2 beds, 1 full bath
    Home size: 853 sq ft
    Lot size: 2,501 sqft
    Year built: 1947
    Parking spots: 4
    Days on market: 5
     
  7. Photo of 3837 BENTLEY AVE, Culver City, CA 90232 (MLS # 13663949)
    4 beds, 1 full, 1 part baths
    Home size: 1,559 sq ft
    Lot size: 5,030 sqft
    Year built: 1939
    Parking spots: 2
    Days on market: 6
     
  8. Photo of 6605 Green Valley Circle #313, Culver City, CA 90230 (MLS # TR13062173)
    2 beds, 2 full baths
    Home size: 885 sq ft
    Lot size: 11.37 ac
    Year built: 1970
    Parking spots: 2
    Days on market: 8
     
  9. Photo of 11305 SEGRELL WAY, Culver City, CA 90230 (MLS # 13663497)
    3 beds, 1.0 baths
    Home size: 954 sq ft
    Lot size: 4,798 sqft
    Year built: 1952
    Days on market: 8
     
  10. Photo of 12213 Havelock Avenue, Culver City, CA 90230 (MLS # SB13061171)
    5 beds, 5 full, 1 part baths
    Home size: 3,138 sq ft
    Lot size: 4,880 sqft
    Year built: 1948
    Parking spots: 2
    Days on market: 8
     
  11. Photo of 4413 MENTONE AVE, Culver City, CA 90232 (MLS # 13662853)
    4 beds, 3.0 baths
    Home size: 1,843 sq ft
    Lot size: 7,035 sqft
    Year built: 1952
    Parking spots: 2
    Days on market: 11
     
  12. Photo of 6411 HANNUM AVE, Unit 34, Culver City, CA 90230 (MLS # 13662759)
    2 beds, 3.0 baths
    Home size: 1,888 sq ft
    Lot size: 12.06 ac
    Year built: 1992
    Days on market: 12
     
  13. Photo of 5007 STONEY CREEK RD, Unit 334, Culver City, CA 90230 (MLS # 13662607)
    2 beds, 2.0 baths
    Home size: 885 sq ft
    Lot size: 2.91 ac
    Year built: 1973
    Parking spots: 2
    Days on market: 12
     
  14. Photo of 4900 OVERLAND AVE, Unit 351, Culver City, CA 90230 (MLS # 13662457)
    2 beds, 2 full baths
    Home size: 962 sq ft
    Lot size: 6.13 ac
    Year built: 1973
    Parking spots: 2
    Days on market: 12
     
  15. Photo of 10828 BERNARDO RD, Culver City, CA 90230 (MLS # 13662339)
    3 beds, 2.5 baths
    Home size: 1,702 sq ft
    Lot size: 7,035 sqft
    Year built: 1954
    Days on market: 12
     

Listing information deemed reliable but not guaranteed. Read full disclaimer.

 

 

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Comments(9)

Rebecca Gaujot, Realtor®
Lewisburg, WV
Lewisburg WV, the go to agent for all real estate
Jane, Culver City's real estate market is still going strong and hope you are getting a lot of the business.
Apr 16, 2013 05:19 AM
Hannah Williams
HomeStarr Realty - Philadelphia, PA
Expertise NE Philadelphia & Bucks 215-820-3376

 Jane You are my LA woman of RE ..and Culver City  buyers and sellers should call you when they are ready to sell as you are the area expert

Apr 16, 2013 05:34 AM
Shannon Milligan, Richmond VA Real Estate Agent/Associate Broker
RVA Home Team - Richmond, VA
RVA Home Team - Winning with Integrity.

My husband would love nothing more than for us to move to LA. Madison Ave has my name written all over it ;) Great market report!

Apr 16, 2013 09:25 AM
Laura Allen, Lake Tahoe - Truckee Real Estate for Sale TahoeLauraRealEstate.com
Coldwell Banker Realty, Tahoe City, CA (530) 414-1260 - Tahoe City, CA
Tahoe Real Estate Agent Helping Buyers and Sellers

Jane - Another excellent real estate market report for the Culver City, California area.  Nicely done!

Apr 16, 2013 01:06 PM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Rebecca, inventory is too low for much action

Hannah,  thank you very much.

Shannon,  if you do I know a good agent :)  Thank you.

Laura,  thank you very much.

 

Apr 17, 2013 03:40 AM
Broker Patty Da Silva Da Silva
Green Realty Properties® - 954-667-7253 - Cooper City, FL
Top Listing Broker

Jane,

I have been to Culver City and I found it to be charming so I am not surprised to hear it is a sought after neighborhood.

Apr 17, 2013 03:43 AM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Patty,  especially with the metro line running through it.

Apr 17, 2013 05:43 AM
Jeff Dowler, CRS
eXp Realty of California, Inc. - Carlsbad, CA
The Southern California Relocation Dude

Jane

Great overview of the Culver City market. I love this community as do my daughter and son-in-law who bought THEIR 3 BR condo mid last year, seemingly near the bottom of the market. It's been interestin to watch the shift, and they are both thrilled with the timing given the inventory and prices. It's time for another visit to explore some more.

Jeff

Apr 18, 2013 10:31 AM
Jane Peters
Home Jane Realty - Los Angeles, CA
Los Angeles real estate concierge services

Jeff,  they did buy at the right time.  That is a true housing success story :)

Apr 19, 2013 04:26 AM