Studio City Real Estate Market Recap - Week Ending November 15, 2015

A weekly recap and behind the scenes look at what happened in Studio City real estate home sales for the week ending 11/15/2015.  

Active Homes for Sale in Studio City: 87 (down from 97 last week) - prices ranging from $600,000 to $6,500,000

  • Median price:  $1,699,000 
  • Average days on market: 67 (↑);  average cost per foot:  $584 (↑) 
  • 27 homes for sale over $2,000,000
  • 42 price reductions (down from 43 last week)

Pending Home Sales: 55 (58 last week)  - prices ranging from $725,000 to $3,995,000

  • 8 new pending sales last week (same as last week)

11 Sold Listings (up from 4 last week):

  • Median Price: $1,200,000  (last week: $1,472,000)
  • Average days on market:  50  (↑)
  • Average cost per foot:  $615

11 Sold Listings Last Week in Studio City

4518 Laurelgrove, Studio City

Sales Price:  $725,000

Days on Market: 24

Cost per foot:  $600

Square feet: 1249;  Beds 2/Baths 2

Special Notes: Very cute fixer in great pocket of Studio City.  


3807 Sunswept, Studio City

Sales Price:  $1,092,000

Days on Market: 36

Cost per foot:  $528

Square feet: 1705;  Beds 3/Baths 2

Special Notes: First time on the market in 50 years in the hills with great views.  


12407 Milbank, Studio City

Sales Price:  $1,010,000

Days on Market: 5

Cost per foot:  $471

Square feet: 2100;  Beds 2/Baths 2

Special Notes: Charming home on charming street in Beeman Park neighborhood.  


4359 Kraft, Studio City

Sales Price:  $1,160,000

Days on Market: 10

Cost per foot:  $860

Square feet: 1336;  Beds 3/Baths 1

Special Notes: sold for land value.


3715 Willowcrest, Studio City

Sales Price:  $1,200,000

Days on Market: 10

Cost per foot:  $566

Square feet: 2111;  Beds 3/Baths 3

Special Notes: California ranch on quiet cul-de-sac in Wrightwood Estates.  


4140 Camellia, Studio City

Sales Price:  $1,175,000

Days on Market: 11

Cost per foot:  $585

Square feet: 2213;  Beds 3/Baths 3

Special Notes: Rare opportunity to get in to Colfax Meadows and Carpenter School District.


3807 Reklaw, Studio City

Sales Price:  $1,550,000

Days on Market: 49

Cost per foot:  $1044

Square feet: 1531;  Beds 3/Baths 3

Special Notes: 1941 R.M. Schindler - The Goodwin House.  Completely remodeled including a new master suite.  


11489 Laurelcrest Drive, Studio City

Sales Price:  $1,915,000

Days on Market: 110

Cost per foot:  $602

Square feet: 3315;  Beds 4/Baths 4

Special Notes: Brand new modern in the Studio City Hills with high ceilings, great floorplan, wonderful master and a separate attached office.


3780 Moundview, Studio City

Sales Price:  $1,900,000

Days on Market: 226

Cost per foot:  $579

Square feet: 3451;  Beds 5/Baths 6

Special Notes: New construction Hampton's style home in the Silver Triangle.  Walk to Ventura shops and Carpenter School


11743 El Cerro Lane, Studio City

Sales Price:  $2,130,000

Days on Market: 26

Cost per foot:  $719

Square feet: 3130;  Beds 4/Baths 4

Special Notes: Fryman Canyon home with large private  grassy yard, pool and spa.  


12948 Woodbridge, Studio City

Sales Price:  $2,507,000

Days on Market: 40

Cost per foot:  $574

Square feet: 4700;  Beds 5/Baths 6

Special Notes: Modern meets traditional in this new construction Cape Cod home with all the ammenities you would expect in a home like this.  


8 New Listings Last Week in Studio City