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Culver City 2016 Real Estate Market Report

Posted by janepeters on February 9, 2017
| 0

How did the Culver City 2016 real estate market fare? Let’s take a look.

Culver City 2016 real estate market report

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

[idx-listings linkid=”167825″ count=”15″ showlargerphotos=”true”]

 

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