Market Report

Culver City, CA 90232

Single-Family Homes

Chartwell Escrow



Culver City, CA 90232

Thu Mar 28 2024
This week the median list price for Culver City, CA 90232 is $2,800,000 with the market action index hovering around 49. This is less than last month's market action index of 54. Inventory has decreased to 9. Click here to stay informed with the Culver City market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Culver City, CA 90232

Thu Mar 28 2024
This week the median list price for Culver City, CA 90232 is $2,800,000 with the market action index hovering around 49. This is less than last month's market action index of 54. Inventory has decreased to 9. Click here to stay informed with the Culver City market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Culver City market.
Median List Price $2,800,000
Median Price of New Listings $2,825,000
Per Square Foot $1,186
Average Days on Market 86
Median Days on Market 35
Price Decreased 33%
Price Increased 11%
Relisted 11%
Inventory 9
Median Rent
Market Action 49
Strong Seller's Market

We continue to see prices in this zip code hovering around these current levels, even though they bumped up a bit this week. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$3,347,450 2,004 4,500 - 6,500 sqft 3 3 86 0 0 10
$2,911,500 3,280 4,500 - 6,500 sqft 5 4.5 42 1 0 157
$2,599,500 2,293 4,500 - 6,500 sqft 3 3.5 78 0 1 101
$1,995,000 1,882 6,500 - 8,000 sqft 3 3 90 0 1 56