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 2014 compared with the same period in 2013?
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 are down, most certainly due to the shortage of inventory with, not surprisingly, a continued rise in the median price.
Inventory remains low making it a good time for those considering selling in Culver City.