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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Topic:
Real Estate General Information
Location:
California Los Angeles County Culver City
Groups:
Market Reports
Tags:
market report
buying a home in culver city
culver city homes for sale
culver city real estate

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Rainmaker
592,532
Laura Allen, Lake Tahoe - Truckee Real Estate for Sale www.TahoeLauraLuxuryHomes.com
Tahoe Real Estate Agent Helping Buyers and Sellers
Coldwell Banker, Tahoe City, CA (530) 414-1260

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!

October 12, 2012 11:18 AM
Ambassador
1,362,879
Liz and Bill Spear
RE/MAX Elite Warren County Ohio
RE/MAX Elite 513.265.3004 www.LizTour.com

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

October 12, 2012 11:39 AM
Rainmaker
387,560
Sarah & Lester Oswald
Broker, Realtor, CDPE, CIAS, SFR , Investor
Eastvale Team Realty & Property Mgmt

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

October 12, 2012 12:19 PM
Ambassador
1,395,019
Tammy Lankford
Your Lake Sinclair Expert (706-485-9668)
Lane Realty

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.

October 12, 2012 12:23 PM
Rainmaker
864,435
Jane Peters
Connecting you to the L.A. real estate scene
Power Brokers Int'l

Laura,  thank you very much.

Bill,  Culver City is one of our hotter markets.

Sarah,  thank you.

Tammy,  you think! :)

 

October 12, 2012 12:29 PM
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Jane Peters

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A Los Angeles Realtor® specializing in absentee owners, out-of-town buyers and those needing extra assistance with one of the most important transactions of their lives. Just sit back and relax! You are in capable hands.

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