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Culver City Homes for Sale 2013 in Review

Posted by janepeters on January 20, 2014
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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.

Culver City real estate, homes for sale

Let’s take a look at how Culver City real estate fared in 2013 as compared to the previous year:

Culver City Single Family Sales

Sold +/- 2012 Range Median +/- 2012 Active Median Pending
224 +6 $365,000 to $1,917,000 $779,750 +20.05% 22 $747,000 19

Culver City condo sales

Sold +/- 2012 Range Median +/- 2012 Active Median Pending
240 +42 $175,000 to $970,000 $365,500 +32.91% 16 $407,000 25

 

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 up slightly and quite significantly for condos. The median price was up substantially in both categories.

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

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

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