April May June Quarter Total
2023-2024 $ 260,825 $ 399,220 $ 310,201 $ 970,246
2024-2025 $ 5,271,498 $ 1,314,623 $ 259,062 $ 6,845,183 2025-2026 $ 552,160 $ 466,236 $ 4,738,131 $ 5,756,528
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* $ 9,000,000 $ 14,341,831 $ 5,341,831 159.35% *Actual Revenue Total is from the Year to Date
City of Culver City
Finance Department
Fourth Quarter of Fiscal Year 2025-2026
Real Property Transfer Tax Summary
$260,825
$5,271,498
$552,160 $399,220
$1,314,623
$466,236 $310,201 $259,062
$4,738,131
$-
$1,000,000
$2,000,000
$3,000,000
$4,000,000
$5,000,000
$6,000,000
2023-2024 2024-2025 2025-2026
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 (01/01/2023 - 6/30/2026) Year Full Value Sales Average Price Median Price Median % Change 2023 Q1 7,752 $1,371,420 $835,000
2023 Q2 9,948 $1,281,624 $870,000 4.19%
2023 Q3 9,335 $1,290,714 $900,000 3.45%
2023 Q4 8,257 $1,281,466 $895,000 -0.56%
2024 Q1 7,608 $1,316,220 $900,000 0.56%
2024 Q2 9,893 $1,388,011 $958,000 6.44%
2024 Q3 9,775 $1,370,460 $950,000 -0.84%
2024 Q4 9,316 $1,360,045 $940,000 -1.05%
2025 Q1 7,778 $1,448,123 $950,000 1.06%
2025 Q2 10,313 $1,444,443 $975,500 2.68%
2025 Q3 10,228 $1,436,639 $975,000 -0.05%
2025 Q4 9,573 $1,397,551 $937,000 -3.90%
2026 Q1 7,942 $1,391,268 $950,000 1.39%
2026 Q2 10,274 $1,401,421 $980,000 3.16%
$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 Q32025 Q42026 Q12026 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
Data Source: Los Angeles County Recorder Prepared On 7/28/2026 By MW
SALES VALUE HISTORY
THE CITY OF CULVER CITY
Detached Single Family Residential Full Value Sales (01/01/2023 - 6/30/2026) Year Full Value Sales Average Price Median Price Median % Change 2023 Q1 27 $1,623,207 $1,500,000
2023 Q2 36 $1,751,153 $1,700,000 13.33%
2023 Q3 30 $2,029,183 $1,850,000 8.82%
2023 Q4 41 $1,942,671 $1,654,000 -10.59%
2024 Q1 28 $1,837,321 $1,550,000 -6.29%
2024 Q2 42 $1,846,200 $1,750,000 12.90%
2024 Q3 38 $1,662,579 $1,535,000 -12.29%
2024 Q4 30 $1,766,117 $1,705,000 11.07%
2025 Q1 38 $1,795,342 $1,550,000 -9.09%
2025 Q2 35 $1,714,800 $1,575,000 1.61%
2025 Q3 50 $1,906,810 $1,703,500 8.16%
2025 Q4 30 $1,822,333 $1,718,250 0.87%
2026 Q1 36 $1,824,292 $1,654,500 -3.71%
2026 Q2 35 $2,013,671 $1,825,000 10.31%
$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 Q32025 Q42026 Q12026 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
Data Source: Los Angeles County Recorder Prepared On 7/28/2026 By MW