Culver City Homes for Sale 3rd 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, with the extension to Santa Monica in full force, and the gentrification of its downtown area with boutiques, galleries and restaurants.

 

How are home sales doing in Culver City. We will compare the 3rd Qtr with the previous one.

Culver City Single Family Sales

Sold +/- Median % +/- Active Median Pending
52 -6 $834,700 -3.22% 23 $920,000 28

Culver City condo sales

Sold +/- Median % +/- Active Median Pending
74 +14 $426,250 +4.45% 34 $438,500 37

 

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 and the median price are down slightly for single family homes over the previous quarter but up for condos.

Culver City remains a sellers’ market.

Previous Culver City Market Report

Homes for sale in Culver City