A weekly recap and behind the scenes look at what happened in Studio City real estate home sales for the week ending 10/4/2015.
Active Homes for Sale in Studio City: 94 (down from 105 last week) - prices ranging from $824,500 to $6,750,000
- Median price: $1,724,000 (↑)
- Average days on market: 64; average cost per foot: $578 (↓)
- 5 homes for sale over $3,000,000 (7 last week)
- 43 price reductions (46 last week)
Pending Home Sales: 42 (same as last week) - prices ranging from $715,000 to $2,999,000
- 7 new pending sales last week (same as last week)
6 Sold Listings (up from 5 last week):
- Median Price: $1,460,000 (last week: $1,942,500)
- Average days on market: 47 (↓)
- Average cost per foot: $546 (↑)
6 Sold Listings Last Week in Studio City
13046 Ventura Blvd, Studio City
Sales Price: $2,475,000
Days on Market: 82
Cost per foot: $516
Square feet: 4800; Beds 6/Baths 4
Special Notes: "Modern Traditional" of :little Ventura". Completely redone with many features.
11363 Dona Teresa, Studio City
Sales Price: $1,880,000
Days on Market: 21
Cost per foot: $522
Square feet: 3600; Beds 5/Baths 4
Special Notes: Private with great natural light in the Donas. Indoor/outdoor flow; new systems.
3840 Alta Mesa Drive, Studio City
Sales Price: $1,520,000
Days on Market: 86
Cost per foot: $687
Square feet: 2214; Beds 3/Baths 3
Special Notes: Architectural Modern with great views. High ceilings. wood floors open concept home.
3325 Canton Way, Studio City
Sales Price: $1,400,000
Days on Market: 41
Cost per foot: $539
Square feet: 2596 Beds 4/Baths 3
Special Notes: Mediterranean with high end features, and great backyard with pool, spa, and fireplace.
4085 Elmer, Studio City
Sales Price: $1,390,000
Days on Market: 5
Cost per foot: $622
Square feet: 2234 Beds 4/Baths 3
Special Notes: Cul-de-sac home, Mid-Century Modern recently redone and remodeled by noted designer. Near Woodbridge Park and Tujunga Village.
12657 Kling, Studio City
Sales Price: $890,000
Days on Market: 47
Cost per foot: $431
Square feet: 2067 Beds 3/Baths 2
Special Notes: First time on the market, huge flat lot, fixer in need of updating. Very private.