July August September Quarter Total
2023-2024 402,098$ 1,323,734$ 885,271$ 2,611,103$ 2024-2025 166,895$ 243,733$ 211,350$ 621,977$ 2025-2026 3,066,693$ 456,718$ 1,542,916$ 5,066,327$ 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$ 9,839,673$ 5,839,673$ 245.99% 2025-2026* 6,000,000$ 5,066,327$ (933,673)$ 84.44% *Actual Revenue Total is from the Year to Date
City of Culver City
Finance Department
First Quarter of Fiscal Year 2025-2026
Real Property Transfer Tax Summary
$402,098
$166,895
$3,066,693
$1,323,734
$243,733
$456,718
$885,271
$211,350
$1,542,916
$-
$500,000
$1,000,000
$1,500,000
$2,000,000
$2,500,000
$3,000,000
$3,500,000
2023-2024 2024-2025 2025-2026
July
August
September
Real Property Transfer Tax 1st 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 (01/01/2023 - 9/30/2025) Full Value Sales Median PriceYear Average Price Median % Change 7,791 $1,364,4452023 Q1 $834,500
9,967 $1,279,948 4.25%2023 Q2 $870,000
9,353 $1,289,
118 3.45%2023 Q3 $900,000
8,262 $1,280,417 -0.58%2023 Q4 $894,750
7,615 $1,315,114 0.59%2024 Q1 $900,000
9,897 $1,387,301 6.39%2024 Q2 $957,500
9,779 $1,370,061 -0.78%2024 Q3 $950,000
9,327 $1,360,013 -1.05%2024 Q4 $940,000
7,781 $1,447,098 1.06%2025 Q1 $950,000
10,333 $1,441,935 2.63%2025 Q2 $975,000
10,234 $1,430,889 0.00%2025 Q3 $975,000
$0
$200,000
$400,000
$600,000
$800,000
$1,000,000
$1,200,000
$1,400,000
$1,600,000
2023 Q12023 Q22023 Q32023 Q42024 Q12024 Q22024 Q32024 Q42025 Q12025 Q22025 Q3 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 10/21/2025 By MW Data Source: Los
Angeles County Recorder
SALES VALUE HISTORY
THE CITY OF CULVER CITY
Detached Single Family Residential Full Value Sales (01/01/2023 - 9/30/2025) Full Value Sales Median PriceYear Average Price Median % Change 27 $1,623,2072023 Q1 $1,500,000
36 $1,751,153 13.33%2023 Q2 $1,700,000
31 $2,012,
113 7.35%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 $1,846,200 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
51 $1,890,500 7.94%2025 Q3 $1,700,000
$0
$400,000
$800,000
$1,200,000
$1,600,000
$2,000,000
$2,400,000
2023 Q12023 Q22023 Q32023 Q42024 Q12024 Q22024 Q32024 Q42025 Q12025 Q22025 Q3 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 10/21/2025 By MW Data Source: Los
Angeles County Recorder