Year/Month October November December Total
2021 1,310,466.18$ 550,850.66$ 1,358,023.12$ 3,219,339.96$ 2022 283,257.37$ 183,486.26$ 198,958.25$ 665,701.88$ 2023 380,018.72$ 356,544.44$ 473,200.46$ 1,209,763.62$ Fiscal Year Total Revenue
2020/2021 8,533,466.97$
2021/2022 32,575,134.91$
2022/2023 9,655,755.83$
2023/2024 3,829,867.02$
* Fiscal Year 2023-2024 Total Revenue reflects the revenue received to date.
CITY OF CULVER CITY
Finance Department
Second Quarter of Fiscal Year 2023-2024
Real Property Transfer Tax Summary
2023/2024
Adopted Budget 8,000,000.00$
$1,310,466.18
$550,850.66
$1,358,023.12
$283,257.37
$183,486.26
$198,958.25
$380,018.72 $356,544.44
$473,200.46
0 200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
1,600,000
October November December
Amount
Month
2021
2022
2023
SALES VALUE HISTORY
THE CITY OF CULVER CITY
Detached Single Family Residential Full Value Sales 01/01/2021 - 12/31/2023) Full Value Sales Median PriceYear Average Price Median % Change 51 $1,860,3532021 Q1 $1,725,000
78 $1,801,686 -7.25%2021 Q2 $1,600,000
60 $1,788,217 4.38%2021 Q3 $1,670,000
66 $1,730,561 -4.94%2021 Q4 $1,587,500
30 $1,934,847 11.34%2022 Q1 $1,767,500
52 $2,108,788 16.75%2022 Q2 $2,063,500
49 $1,877,761 -15.19%2022 Q3 $1,750,000
28 $1,854,411 3.43%2022 Q4 $1,810,000
28 $1,619,343 -16.71%2023 Q1 $1,507,500
36 $1,751,153 12.77%2023 Q2 $1,700,000
31 $2,012,113 7.35%2023 Q3 $1,825,000
41 $1,957,061 -6.90%2023 Q4 $1,699,000
$0
$400,000
$800,000
$1,200,000
$1,600,000
$2,000,000
$2,400,000
2021 Q1 2021 Q2 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 Median Price Avg Price
Year
Sales Price
* Multiparcel transfers, quitclaim deeds, trust transfers, timeshares, and partial sales are excluded from this analysis.
This report is not to be used in support of debt issuance or continuing disclosure statements without the written consent of HdL, Coren & Cone
Prepared On 1/22/2024 By MV Data Source: Los Angeles County Recorder
SALES VALUE HISTORY
THE COUNTY OF LOS ANGELES
Detached Single Family Residential Full Value Sales 01/01/2021 - 12/31/2023) Full Value Sales Median PriceYear Average Price Median % Change 13,008 $1,161,8412021 Q1 $785,000
16,631 $1,287,390 8.28%2021 Q2 $850,000
16,104 $1,292,648 0.59%2021 Q3 $855,000
15,224 $1,284,682 -0.58%2021 Q4 $850,000
12,210 $1,350,452 2.94%2022 Q1 $875,000
13,728 $1,392,708 6.40%2022 Q2 $931,000
11,181 $1,291,007 -6.02%2022 Q3 $875,000
8,678 $1,323,264 -3.49%2022 Q4 $844,500
7,725 $1,411,026 -0.53%2023 Q1 $840,000
9,851 $1,285,244 4.17%2023 Q2 $875,000
9,472 $1,291,797 2.86%2023 Q3 $900,000
8,394 $1,282,717 -0.11%2023 Q4 $899,000
$0
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
$1,600,000
2021 Q1 2021 Q2 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 Median Price Avg Price
Year
Sales Price
* Multiparcel transfers, quitclaim deeds, trust transfers, timeshares, and partial sales are excluded from this analysis.
This report is not to be used in support of debt issuance or continuing disclosure statements without the written consent of HdL, Coren & Cone
Prepared On 1/22/2024 By MV Data Source: Los Angeles County Recorder