April May June Quarter Total
2022-2023 175,687$ 200,320$ 220,013$ 596,020$ 2023-2024 260,825$ 399,220$ 310,201$ 970,246$ 2024-2025 5,271,498$ 1,314,623$ 259,062$ 6,845,183$ 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$ 9,766,740$ 5,766,740$ 244.17% City of Culver City
Finance Department
Fourth Quarter of Fiscal Year 2024-2025
Real Property Transfer Tax Summary
$175,687 $260,825
$5,271,498
$200,320 $399,220
$1,314,623
$220,013 $310,201 $259,062
$-
$1,000,000
$2,000,000
$3,000,000
$4,000,000
$5,000,000
$6,000,000
2022-2023 2023-2024 2024-2025
April
May
June
Real Property Transfer Tax 4th 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 - 6/30/2025) Full Value Sales Median PriceYear Average Price Median % Change 12,144 $1,342,2332022 Q1 $871,000
13,789 $1,427,353 6.77%2022 Q2 $930,000
11,092 $1,299,563 -5.91%2022 Q3 $875,000
8,494 $1,328,303 -4.00%2022 Q4 $840,000
7,692 $1,385,531 -0.60%2023 Q1 $835,000
9,942 $1,281,159 4.19%2023 Q2 $870,000
9,345 $1,290,747 3.45%2023 Q3 $900,000
8,295 $1,282,603 -0.44%2023 Q4 $896,000
7,707 $1,322,047 0.45%2024 Q1 $900,000
10,032 $1,387,557 6.67%2024 Q2 $960,000
9,884 $1,372,653 -1.04%2024 Q3 $950,000
9,394 $1,362,919 -0.53%2024 Q4 $945,000
7,844 $1,443,613 0.53%2025 Q1 $950,000
10,359 $1,389,636 2.63%2025 Q2 $975,000
$0
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
$1,600,000
2022 Q12022 Q22022 Q32022 Q42023 Q12023 Q22023 Q32023 Q42024 Q12024 Q22024 Q32024 Q42025 Q12025 Q2 Median Price Avg Price
Year
Sales Price
* Multiparcel and trust transfers, quitclaim deeds, 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 8/1
1/2025 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 - 6/30/2025) 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 $1,854,4
11 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
35 $1,714,800 1.61%2025 Q2 $1,575,000
$0
$400,000
$800,000
$1,200,000
$1,600,000
$2,000,000
$2,400,000
2022 Q12022 Q22022 Q32022 Q42023 Q12023 Q22023 Q32023 Q42024 Q12024 Q22024 Q32024 Q42025 Q12025 Q2 Median Price Avg Price
Year
Sales Price
* Multiparcel and trust transfers, quitclaim deeds, 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 8/1
1/2025 By MV Data Source: Los Angeles County Recorder