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.
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 over 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
- 594 S Mapleton Dr
- Los Angeles CA
- $137,500,000
- 14 Beds | 27 Baths | 56,500 SqFt
- 4 Acres
- 1210 Benedict Canyon Dr
- Beverly Hills CA
- $75,000,000
- 11 Beds | 20 Baths | 27,000 SqFt
- 2 Acres
- 9214 Nightingale Dr
- West Hollywood CA
- $63,000,000
- 5 Beds | 7 Baths | 13,870 SqFt
- 0 Acres
- 766 Paseo Miramar
- Pacific Palisades CA
- $54,000,000
- 7 Beds | 12 Baths | 18,372 SqFt
- 1 Acres
Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX) program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site.
The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprised of CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS), CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (Ventura County Regional Data Share).
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