Culver City Real Estate 3rd Quarter Market Report 2012

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Real Estate Agent with Power Brokers Int'l BRE# 01439865

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 3rd Quarter 2012 Real Estate Market Report

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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Read more: http://www.homejane.com/culver-city-third-quarter-market-report-2012.html#ixzz296nRMEMl

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Rainmaker
654,903
Laura Allen, Lake Tahoe - Truckee Real Estate for Sale www.TahoeLauraLuxuryHomes.com
Coldwell Banker, Tahoe City, CA (530) 414-1260 - Tahoe City, CA
Tahoe Real Estate Agent Helping Buyers and Sellers

Jane - It looks like Culver City is a good place to look if you want a deal on a condo.  Excellent real estate market report for the Culver City area.  Nicely done!

Oct 12, 2012 11:18 AM #1
Ambassador
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Liz and Bill Spear
RE/MAX Elite 513.265.3004 www.LizTour.com - Mason, OH
RE/MAX Elite Warren County OH (Cincinnati/Dayton)

Jane, Looks like Culver City is tight on inventory and the single family homes are really kicking tail for their owners.

Oct 12, 2012 11:39 AM #2
Rainmaker
503,071
Sarah Oswald
Eastvale Team Realty & Property Mgmt - Corona, CA
Broker, Realtor, CDPE, CIAS, SFR , Investor

Jane, it most definitely seems like a sellers market in Culver City. Much success to you this 4th quarter of the year.

Oct 12, 2012 12:19 PM #3
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Tammy Lankford
Lane Realty Eatonton, GA Lake Sinclair, Milledgeville, 706-485-9668 - Eatonton, GA
Your Lake Sinclair Expert (706-485-9668)

wow can you see how green I am with envy for that many contracts vs. that low inventory.  Looks like getting a listing would be great right now.

Oct 12, 2012 12:23 PM #4
Rainmaker
896,098
Jane Peters
Power Brokers Int'l - Los Angeles, CA
Connecting you to the L.A. real estate scene

Laura,  thank you very much.

Bill,  Culver City is one of our hotter markets.

Sarah,  thank you.

Tammy,  you think! :)

 

Oct 12, 2012 12:29 PM #5
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Rainmaker
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Jane Peters

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