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.
Click here to read the full story on Dr. Housing Bubble.
Be sure to like Culver City Patch on Facebook, follow us on Twitter and sign up for our free daily newsletter for email updates.
