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Culver City Real Estate Market Trend

The Culver City housing market is healthy, especially considering current market conditions.  The median price has remained steady, days on the market are low, and the sales vs list price percentage is extremely high.  With the months supply of inventory around 4.5 this is a strong market for sellers.

Culver City Real Estate Market Sales Trend
12 Month Sales Low Median High Avg DOM % Sold vs List Price Active Listings
Single Family
145 $370,000
$650,000
$1,120,000
42
99.10
51

Condos 193 $155,000
$367,500
$865,000
47
97.99
83


6 Month Sales Low Median High Avg DOM %Sold vs List Price
Single Family 71
$370,000
$660,000 $1,120,833
37
99.35


Condos 112 $155,000
$369,500
$865,000
47
97.41



3 Month Sales
Low Median High Avg DOM %Sold vs List Price Months Inventory
Single Family 35 $405,000
$660,000
$1,100,000
33
99.46 4.37

Condos 55 $155,000
$367,500
$865,000
51 97.02
4.53

There are presently 29 single family homes and 41 condos under contract

Data provided by MLS CLAW deemed reliable, but not guaranteed.

Jane Peters, connecting you to the L.A. real estate scene

Buying or selling real estate in Los Angeles can be an overwhelming process.  Contact Jane Peters, Los Angeles realtor specializing in absentee owners, out of town buyers, and those who need that extra attention, in order to make the transaction a smooth, trouble-free, and fun experience.

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Comments

Jane, I've been so impressed with the low DOM and attractive absorption rates on these reports, I'm only now noticing your breakdown of 12, 6 and 3 months.  Terrific way to present the trends in an easy-to-follow format.

Posted by Mary Kay Hopkins, LLC e-PRO, GRI, CRS, CRB over 1 year ago

Mary,  you can than Debbi Maxwell for the report.  Her brilliant idea.

Posted by Jane Peters - Los Angeles Real Estate DRE# 01439865 (Power Brokers Int'l) over 1 year ago

Good morning Jane,

Sounds like Culver City is a great place for a seller wanting to sell. I'm on board with Mary..great way to present the trends in an easy to follow format!

Posted by Dorie Dillard Realtor® Canyon Creek NW Austin TX homes for sale (Coldwell Banker United Realtors) over 1 year ago

Dorie,  thank you.

Posted by Jane Peters - Los Angeles Real Estate DRE# 01439865 (Power Brokers Int'l) over 1 year ago

Jane,

Nice localism and market report.  And the inventory time on the market is very reasonable.  Have a great weekend.  g

Posted by Colorado Springs Realtor ® - Cherise Selley (Selley Group Real Estate, LLC) over 1 year ago

Gordon, thank you kindly.

Posted by Jane Peters - Los Angeles Real Estate DRE# 01439865 (Power Brokers Int'l) over 1 year ago

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