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Culver City Third Quarter Market Report 2012

Posted by janepeters on October 11, 2012
| 0

How is the Culver City real estate market doing this year?   Let’s see how the thirds quarter compares to the same period in 2011.

 Culver City Real Estate 3rd Qtr Market Report 2012

Single Family

Sold Over 2011 Median Over 2011 Active Under Contract Avg Sale vs List
149  49  $640,000  1.03% 35  44 99.30%

Condos

Sold Over 2011 Median Over 2011 Active UnderContract Avg Sale vs List
107  37  $265,000 -12.38% 19  51 98.03%

The numbers are taken from the MLS/CLAW and are deemed reliable but not guaranteed. 

Single family home sales are up significantly over the same period in 2011 and and the median price is up.  Sellers are pretty much getting asking price for their homes.

Condo sales are also up over the same period in 2011.  The median price is down over last year.

Inventory is still extremely low and Culver City real estate continues to be a sellers’ market.

Culver City Homes for Sale

 

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