Studio City Real Estate Market Recap - Week Ending October 19, 2015

A weekly recap and behind the scenes look at what happened in Studio City real estate home sales for the week ending 10/19/2015.  

Active Homes for Sale in Studio City: 97 (up from 94 last week) - prices ranging from $725,000 to $6,750,000

  • Median price:  $1,699,000 (↓) 
  • Average days on market: 64;  average cost per foot:  $586 (↑)
  • 5  homes for sale over $3,000,000 (same as last week)
  • 41 price reductions (43 last week)

Pending Home Sales: 46 (42 last week)  - prices ranging from $799,000 to $2,850,000

  • 8 new pending sales last week (up from 7 last week)

5 Sold Listings (down from 6 last week):

  • Median Price: $1,495,000  (last week:  $1,460,000)
  • Average days on market:  52 (↑)
  • Average cost per foot:  $569 (↑)

5 Sold Listings Last Week in Studio City

10901 Terryview Drive, Studio City

Sales Price:  $2,360,000

Days on Market: 61

Cost per foot:  $787

Square feet: 3000;  Beds 4/Baths 4

Special Notes: Modern Mediterranean, single story with unobstructed views and outdoor resort style grounds. Great amenities.


4308 Agnes, Studio City

Sales Price:  $1,713,000

Days on Market: 68

Cost per foot:  $477

Square feet: 3592;  Beds 5/Baths 5

Special Notes: 2006 build Mediterranean in The Grove.  


4064 Wilkinson, Studio City

Sales Price:  $1,495,000

Days on Market: 13

Cost per foot:  $410

Square feet: 3648; Beds 5/Baths 4

Special Notes: Fantastic location in Footbridge Square.


11584 Canton Drive, Studio City

Sales Price:  $1,142,010

Days on Market: 62

Cost per foot:  $562

Square feet: 2032;  Beds 3/Baths 3

Special Notes: Large flat lot in a great location with a guest house in Carpenter School District.  


3521 Laurelvale Drive, Studio City

Sales Price:  $979,000

Days on Market: 55

Cost per foot:  $794

Square feet: 1218;  Beds 2/Baths 2

Special Notes: Great secluded large lot perfect for an investor.  


12 New Listings Last Week in Studio City