Condos for sale at The Longford

Culver City Real Estate Market Report June 2014

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, with the extension to Santa Monica in full force, and the gentrification of its downtown area with boutiques, galleries and restaurants.

Let’s see how the 2nd Qtr sale of single family homes and condos compares to the 1st Qtr of 2014

Culver City Single Family Sales

Sold +/- Median % +/- Active Median Pending
58 +27 $862,500 +16.55% 28 $826,975 22

Culver City condo sales

Sold +/- Median % +/- Active Median Pending
60 +26 $398,500 +0.26% 34 $419,500 45

 

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 up significantly in both the Culver City single family home and condo market.  The median price was also up for single family homes and stable for condos.

Previous Culver City Market ReportČ

Homes for sale in Culver City

 

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