Culver City Homes for Sale 1st Qtr 2014 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.

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

Sold +/- Median % +/- Active Median Pending
31 -8 $740,000 +2.07% 20 $847,745 27

Culver City condo sales

Sold +/- Median % +/- Active Median Pending
34 -12 $397,450 +21.36% 22 $439,000 38


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.

Homes for sale in Culver City