The Culver City statistics below are taken from the MLS CLAW and are for single family homes only. They do not include condos, income property, or private sales.
June was a good month for Culver City home sales. The number of homes sold was up 66% over May, the median sold price was up 2% and the median sold price vs the median list price difference was down 45%, i.e. the June sold price was much closer to asking price over May. Days on the market of homes sold was down by 13 and the homes under contract was up by 200%. The months supply of inventory, i.e. market absorption rate, indicates that Culver City is definitely in a sellers' market.
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Jane
Thanks for sharing the market report for Culver City housing market.
Good luck and success.
Lou Ludwig
Lou, thank you for dropping by.