Studio City Real Estate Market Recap - Week Ending October 26, 2015

A weekly recap and behind the scenes look at what happened in Studio City real estate home sales for the week ending 10/26/2015.  

Active Homes for Sale in Studio City: 96 (down from 97 last week) - prices ranging from $725,000 to $6,500,000

  • Median price:  $1,699,000 
  • Average days on market: 62;  average cost per foot:  $568 
  • 3  homes for sale over $3,000,000 (same as last week)
  • 43 price reductions (up from 41 last week)

Pending Home Sales: 53 (46 last week)  - prices ranging from $799,000 to $2,850,000

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

5 Sold Listings (same as last week):

  • Median Price: $1,175,000  (last week:  $1,495,000)
  • Average days on market:  55 (↑)
  • Average cost per foot:  $603 (↑)

5 Sold Listings Last Week in Studio City

4007 Ethel Ave, Studio City

Sales Price:  $2,125,000

Days on Market: 43

Cost per foot:  $655

Square feet: 3242;  Beds 4/Baths 4

Special Notes: East Coast Colonial Traditional in Longridge Estates. Built in 1946 and lovingly restored.


3931 Farley Court, Studio City

Sales Price:  $1,200,000

Days on Market: 40

Cost per foot:  $617

Square feet: 1944;  Beds 3/Baths 3

Special Notes: Private and gated with 1000 square foot deck with spectacular views.  Remodeled and open floor plan.


4140 Camellia Ave, Studio City

Sales Price:  $1,175,000

Days on Market: 11

Cost per foot:  $531

Square feet: 2213;  Beds 3/Baths 3

Special Notes: Traditional in Colfax Meadows, close to Tujunga Village. and in the Carpenter School District.


11707 Laurelwood, Studio City

Sales Price:  $950,000

Days on Market: 152

Cost per foot:  $674

Square feet: 1409;  Beds 2/Baths 2

Special Notes: Great views from the Studio City Hills home with bonus room.


3775 Laurel Canyon Bld, Studio City

Sales Price:  $788,660

Days on Market: 27

Cost per foot:  $513

Square feet: 1536;  Beds 3/Baths 2

Special Notes: Recently remodeled in the Silver Triangle. Guest house, walk to Carpenter Community Charter.


13 New Listings Last Week in Studio City