Your Local Market Report

Culver City, CA 90230

Single-Family Homes



Culver City, CA 90230

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Culver City, CA 90230

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Culver City market.
Median List Price $1,299,900
Per Square Foot $825
Days on Market 66
Price Decreased 36%
Price Increased 8%
Relisted 20%
Inventory 25
Median House Rent $3,613
Most Expensive $2,149,900
Least Expensive $399,000
Market Action Index
Slight Seller's Advantage
38

We continue to see prices in this zip code bouncing around this plateau. Look for a persistent up-shift in the Market Action Index before we see prices move from these levels.

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
$1,919,000 2,421 4,500 - 6,500 sqft 4 2 72 1 0 70
$1,472,000 1,891 4,500 - 6,500 sqft 3 1 55 1 0 59
$1,200,000 1,298 4,500 - 6,500 sqft 3 1 70 0 0 85
$959,000 994 4,500 - 6,500 sqft 2 0 68 0 1 54