Culver City is one of the up-and-coming areas of Los Angeles. Culver City 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 take a look at how Culver City real estate fared in 2014 as compared to the previous year:
Culver City Single Family Sales
| Sold | +/- 2013 | Range | Median | +/- 2013 | Active | Median | Pending |
| 195 | -29 | $450,000 to $2,000,000 | $825,000 | +5.80% | 20 | $1,174,394 | 20 |
Culver City condo sales
| Sold | +/- 2013 | Range | Median | +/- 2013 | Active | Median | Pending |
| 230 | -10 | $229,000 to $997,000 | $365,500 | +12.33% | 22 | $428,950 | 31 |
| 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 were down for both single family homes and condos. The median price was up in both categories but not as much as it rose in 2013.
There remains a severe shortage of inventory in both categories which makes Culver City an strong sellers’ market.
Previous Culver City market reports
Homes for sale in Culver City
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