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.
Let’s see what happened in the 3rd Qtr of 2013 as compared to the 2nd Qtr.
Culver City Single Family Sales
Culver City condo sales
|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 continue to show a healthy increase over the 1st and 2nd Qtr of 2013. Condo sales were also up and the median price increased in both categories.
Culver City home sellers, this is still an extreme sellers’ market.