Real Estate
Flippers' Paradise: The Massive Jump in List Prices for Culver City
Inventory in Culver City is down by 75 percent from two years ago and the median list price is up over 100 percent.
The housing market has gone haywire according to Dr. Housing Bubble, and not even Culver City has managed to escape this trend.
According to an article on Dr. Housing Bubble, inventory has dropped in Culver City by 75 percent; there are major increases in list prices with some homes jumping in price from almost $400,000 to almost $800,00, and the median price per square foot is up 29 percent.
The article goes on to look at how Culver City fares in relation to Los Angeles county in general with some startling statistics.
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Click here to read the full story on Dr. Housing Bubble.
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