How did the Culver City 2016 real estate market fare? Let’s take a look.
Single Family
Sold: 241 – 6 more than 2015.
Median Price: $1,130,000 – 13% more than 2015
Average Days on Market: 45 – same as previous year.
Sold vs List Price: Under 30 days 103.36%. Over 120 days 98.05%
Condos
Sold 224– 48 less than previous year.
Median Price: $479,000 – 7.76% over previous year.
Average Days on Market: 34 – 6 less than previous year.
Sold vs List Price: Under 30 days 103.20%. Over 120 days 98.23%
The Information provided by the MLS/CLAW deemed reliable but not guaranteed
Sales of single family homes were almost equal to the previous year with a rise of 13% in the median price.
Condo sales were down with the median price.
Culver City, as with much of Los Angeles has very low inventory making it a sellers’ market.
Homes for sale in Culver City
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