Culver City Homes for Sale 3rd Qtr 2013 Market Report

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

Sold +/- Median +/- Active Median Pending
77 +19 $800,000 +10.34% 21 $825,000 30

Culver City condo sales

Sold +/- Median +/- Active Median Pending
87 +24 $372,500 +14.50% 22 $411,300 26

 

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.

Previous Posts

Culver City Real Estate 2nd Ar 2013 Market Report
Culver City Real Estate Trend, 1st Quarter 2013

Culver City Real Estate. The Year in Review
Culver City Third Quarter Market Report

Homes for sale in Culver City

 

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