Your Local Market Report

Culver City, CA 90230

Single-Family Homes



Culver City, CA 90230

Mon Nov 19 2018
This week the median list price for Culver City, CA 90230 is $1,199,000 with the market action index hovering around 45. This is an increase over last month's market action index of 44. Inventory has held steady at or around 26. Click here to stay informed with the Culver City market!

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

Strong Seller's Market

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Culver City, CA 90230

Mon Nov 19 2018
This week the median list price for Culver City, CA 90230 is $1,199,000 with the market action index hovering around 45. This is an increase over last month's market action index of 44. Inventory has held steady at or around 26. Click here to stay informed with the Culver City market!

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

Strong Seller's Market

The market has been cooling off consistently for several weeks, as more homes are available and demand is less. We have begun to seen prices move lower as a result. If the MAI falls into the Buyer’s zone, it is likely that prices continue their downward trend until we see some turnaround in Market Action.

Real-Time Market Profile

Never miss important changes in the Culver City market.
Median List Price $1,199,000
Per Square Foot $773
Days on Market 54
Price Decreased 69%
Price Increased 0%
Relisted 31%
Inventory 26
Median House Rent $4,800
Most Expensive $2,399,000
Least Expensive $899,000
Market Action Index
Strong Seller's Market
45

Prices in this zip code have been on a downward trend in the last few weeks and this week, while essentially flat, doesn’t break us out of that cycle.

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
$1,624,500 2,082 4,500 - 6,500 sqft 4 2 67 1 0 65
$1,304,999 1,764 4,500 - 6,500 sqft 4 1 71 0 2 57
$1,195,000 1,543 4,500 - 6,500 sqft 3 1 71 3 2 36
$995,000 1,197 4,500 - 6,500 sqft 3 1 65 1 0 63