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)
Condo
Land
Rental
Single Family
- MLS® #: 22-151323
- 33550 PACIFIC COAST HWY
- MALIBU CA
- $195,000,000
- 16 Bed | 22 Bath | 25,025 SqFt
- 4.81 Acres
- MLS® #: 23-274283
- 869 Tione Rd
- Los Angeles CA
- $185,000,000
- 10 Bed | 23 Bath | 34,380 SqFt
- 2.65 Acres
- MLS® #: 23-231909
- 594 S Mapleton Dr
- Los Angeles CA
- $155,000,000
- 14 Bed | 27 Bath | 56,500 SqFt
- 4.6 Acres
- MLS® #: WS23036820MR
- 6300 Stephens Ranch RD
- LA VERNE CA
- $99,000,000
- Bed | 0 Bath | 0 SqFt
- 197 Acres
- MLS® #: 23-282597
- 24168 Case Ct
- Malibu CA
- $95,000,000
- 7 Bed | 8 Bath | 10,272 SqFt
- 3.35 Acres
- MLS® #: 23-263715
- 9904 Kip Dr
- Beverly Hills CA
- $88,000,000
- 10 Bed | 22 Bath | 24,260 SqFt
- 19.82 Acres
- MLS® #: 21-101899
- 1420 Davies Dr
- Beverly Hills CA
- $87,000,000
- 8 Bed | 14 Bath | 21,800 SqFt
- 7.8 Acres
- MLS® #: 21-791862
- 1210 Benedict Canyon Dr
- Beverly Hills CA
- $85,000,000
- 11 Bed | 16 Bath | 27,150 SqFt
- 2.69 Acres
- MLS® #: 23-239903
- 107 Delfern Dr
- Los Angeles CA
- $85,000,000
- 10 Bed | 19 Bath | 21,000 SqFt
- 1.88 Acres
- MLS® #: 23-245068
- 25142 Pacific Coast Hwy
- Malibu CA
- $75,000,000
- 7 Bed | 9 Bath | 13,126 SqFt
- 1.73 Acres
- MLS® #: 23-262479
- 27930 Pacific Coast Hwy
- Malibu CA
- $75,000,000
- 12 Bed | 14 Bath | 12,610 SqFt
- 2.57 Acres
- MLS® #: 23-306545
- 912 Benedict Canyon Dr
- Beverly Hills CA
- $72,500,000
- 7 Bed | 15 Bath | 17,005 SqFt
- 1.15 Acres
- MLS® #: 23-274085
- 23 Beverly Park Ter
- Beverly Hills Post Office CA
- $70,000,000
- 9 Bed | 14 Bath | 23,500 SqFt
- 3.26 Acres
- MLS® #: 23-243691
- 24186 CASE CT
- MALIBU CA
- $69,995,000
- 5 Bed | 8 Bath | 10,527 SqFt
- 2.66 Acres
- MLS® #: 23-278179
- 24185 Case Ct
- Malibu CA
- $69,500,000
- 5 Bed | 7 Bath | 11,097 SqFt
- 3.88 Acres
- MLS® #: 23-310237
- 9650 Cedarbrook Dr
- Beverly Hills CA
- $68,000,000
- 19 Bed | 33 Bath | 78,000 SqFt
- 27.59 Acres
- MLS® #: 22-167741
- 1005 N Alpine DR
- BEVERLY HILLS CA
- $65,000,000
- 4 Bed | 6 Bath | 4,351 SqFt
- 2.66 Acres
- MLS® #: 23-260091
- 9609 Oak Pass Rd
- Beverly Hills CA
- $65,000,000
- 17 Bed | 19 Bath | 0 SqFt
- 3 Acres
- MLS® #: 23-282455
- 10250 W Sunset Blvd
- Los Angeles CA
- $65,000,000
- 14 Bed | 25 Bath | 30,000 SqFt
- 2.81 Acres
- MLS® #: 21-705644
- 133 S Mapleton DR
- LOS ANGELES CA
- $65,000,000
- 9 Bed | 14 Bath | 30,000 SqFt
- 1.1 Acres
