January February March Quarter Total
2022-2023 171,656$ 241,776$ 306,469$ 719,902$ 2023-2024 150,731$ 376,133$ 2,067,009$ 2,593,873$ 2024-2025 1,028,761$ 269,507$ 244,525$ 1,542,793$ Fiscal Year Budgeted Revenue Actual Revenue Variance Percentage of Budget 2020-2021 5,550,000$ 8,533,467$ 2,983,467$ 153.76% 2021-2022 14,050,000$ 32,575,135$ 18,525,135$ 231.85% 2022-2023 11,000,000$ 9,655,756$ (1,344,244)$ 87.78% 2023-2024 8,000,000$ 7,381,656$ (618,344)$ 92.27% 2024-2025* 4,000,000$ 2,921,557$ (1,078,443)$ 73.04% *Actual Revenue Total is from the Year to Date
City of Culver City
Finance Department
Third Quarter of Fiscal Year 2024-2025
Real Property Transfer Tax Summary
$171,656 $150,731
$1,028,761
$241,776
$376,133 $269,507 $306,469
$2,067,009
$244,525
$-
$500,000
$1,000,000
$1,500,000
$2,000,000
$2,500,000
2022-2023 2023-2024 2024-2025
January
February
March
Real Property Transfer Tax 3rd Quarter Totals
Real Property Transfer Tax Budgeted vs Actual Revenue
SALES VALUE HISTORY
THE COUNTY OF LOS ANGELES
Detached Single Family Residential Full Value Sales (01/01/2022 - 3/31/2025) Full Value Sales Median PriceYear Average Price Median % Change 12,148 $1,342,8152022 Q1 $871,500
13,780 $1,428,375 6.71%2022 Q2 $930,000
11,091 $1,299,886 -5.91%2022 Q3 $875,000
8,497 $1,328,381 -4.00%2022 Q4 $840,000
7,685 $1,385,738 -0.60%2023 Q1 $835,000
9,906 $1,281,676 4.19%2023 Q2 $870,000
9,348 $1,290,581 3.45%2023 Q3 $900,000
8,294 $1,282,232 -0.44%2023 Q4 $896,000
7,706 $1,321,983 0.45%2024 Q1 $900,000
10,035 $1,387,467 6.67%2024 Q2 $960,000
9,882 $1,372,747 -1.04%2024 Q3 $950,000
9,389 $1,361,724 -0.53%2024 Q4 $945,000
7,814 $1,411,103 0.53%2025 Q1 $950,000
$0
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
$1,600,000
2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 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 4/22/2025 By MV Data Source: Los Angeles County Recorder
SALES VALUE HISTORY
THE CITY OF CULVER CITY
Detached Single Family Residential Full Value Sales (01/01/2022 - 3/31/2025) Full Value Sales Median PriceYear Average Price Median % Change 30 $1,934,8472022 Q1 $1,767,500
51 $2,106,804 15.98%2022 Q2 $2,050,000
50 $1,874,906 -14.76%2022 Q3 $1,747,500
28 $1,854,411 3.58%2022 Q4 $1,810,000
27 $1,623,207 -17.13%2023 Q1 $1,500,000
35 $1,697,614 10.00%2023 Q2 $1,650,000
31 $2,012,113 10.61%2023 Q3 $1,825,000
41 $1,942,671 -9.37%2023 Q4 $1,654,000
28 $1,837,321 -6.29%2024 Q1 $1,550,000
42 $1,867,845 12.90%2024 Q2 $1,750,000
38 $1,662,579 -12.29%2024 Q3 $1,535,000
30 $1,766,117 11.07%2024 Q4 $1,705,000
38 $1,795,342 -9.09%2025 Q1 $1,550,000
$0
$400,000
$800,000
$1,200,000
$1,600,000
$2,000,000
$2,400,000
2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 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 4/22/2025 By MV Data Source: Los Angeles County Recorder