Studio City Real Estate Market Recap - Week Ending December 13, 2015

Contact || Phone: (323) 481-7353  || Email: DebbiePisaro@gmail.com

A weekly recap and behind the scenes look at what happened in Studio City real estate home sales for the week ending 12/13/2015.  

Active Homes for Sale in Studio City: 76 (up from 80 last week) - prices ranging from $799,000 to $3,950,000

  • Median price:  $1,674,000 
  • Average days on market: 76 (↓);  average cost per foot:  $602 (↑) 
  • 23 homes for sale over $2,000,000
  • 34 price reductions (down from 41 last week)

Pending Home Sales: 36 (40 last week)  - prices ranging from $650,000 to $2,995,000

  • 6 new pending sales last week (up from 4 last week)

6 Sold Listings (down from 11 last week):

  • Median Price: $1,177,500  (last week: $1,120,0000)
  • Average days on market:  58 (↑)
  • Average cost per foot:  $548 (↓)

6 Sold Listings Last Week in Studio City

3736 Vantage, Studio City

Sales Price:  $2,280,000

Days on Market: 25

Cost per foot:  $531

Square feet: 4291;  5 Beds /5 Baths. Special Notes: Sold before processing


4332 Laurelgrove, Studio City

Sales Price:  $2,179,000

Days on Market: 104

Cost per foot:  $569

Square feet: 3830;  5 Beds /6 Baths.  Special Notes: Designed and built by Kasis Construction, a one of a kind two-story Montecito Spanish style home is unlike any other new construction on the market. This property is also within Carpenter School District.


4129 Camellia, Studio City

Sales Price:  $1,255,000

Days on Market: 15

Cost per foot:  $858

Square feet: 1462;  Beds 2/Baths 2.  Special Notes: Ideal for the Builder, Developer or Contractor to create something extraordinary in Colfax Meadows, 7,132 square foot corner lot on a tree-lined street in the award winning Carpenter Community Charter School District.


11439 Decente Drive, Studio City

Sales Price:  $1,100,000

Days on Market: 67

Cost per foot:  $487

Square feet: 2260;  Beds 4/Baths 4.   Special Notes:  Tri-level home located in the hills of one of Studio City's most sought after neighborhoods. The spacious kitchen has abundant cabinet space, skylight, granite counter tops, an island with seating, and dual basin sink.  2 car garage attached.


11419 Sunshine Terrace, Studio City

Sales Price:  $975,000

Days on Market: 62

Cost per foot:  $410

Square feet: 2379;  Beds 5/Baths 3

Special Notes:  Private, custom, gated home, south of the Blvd. Great area. Crema marfil flooring, custom wood and new carpets were used for flooring. Bathrooms completely redone and custom kitchen with granite counter tops and backsplash. 5 foot stainless steel custom built-in 5 foot refrigerator and the rest of the appliances are all Viking stainless steel. 


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11661 Picturesque Drive, Studio City

Sales Price:  $801,000

Days on Market: 74

Cost per foot:  $434

Square feet: 1844;  Beds 3/Baths 4.  Special Notes:  Spectacular breathtaking jetliner views overlooking the Valley and City light. Open floor plan with step down living room with updated Bamboo flooring leads to large private deck. Kitchen with charming breakfast room with floor to ceiling windows. Same owner for 43 years, tremendous potential. 


3 New Listings Last Week in Studio City