Studio City Real Estate Market Recap - Week Ending December 20, 2015

A weekly recap and behind the scenes look at what happened in Studio City real estate home sales for the week ending 12/20/2015.

Active Homes for Sale in Studio City: 70 (down from 76 last week) - prices ranging from $799,000 to $3,950,000

  • Median price:  $1,674,500 
  • Average days on market: 79 (↑);  average cost per foot:  $609 (↑) 
  • 22 homes for sale over $2,000,000
  • 31 price reductions (down from 34 last week)

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

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

5 Sold Listings (down from 6 last week):

  • Median Price: $981,700  (last week: $1,177,500)
  • Average days on market:  63 (↑)
  • Average cost per foot:  $522 (↓)

5 Sold Listings Last Week in Studio City

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3743 Mound View, Studio City

Sales Price:  $2,000,000

Days on Market: 94

Cost per foot:  $533

Square feet: 3750;  5 Beds/5 Baths. Special Notes: Situated south of Ventura Blvd in the Silver Triangle, located only a couple of blocks away from the award-winning Carpenter Charter School, Fryman Park, trendy restaurants and much more, this luxury home is perfect for any family. 


4223 St Clair, Studio City

Sales Price:  $1,340,000

Days on Market: 60

Cost per foot:  $552

Square feet: 2429;  3 Beds/2 Baths. Special Notes: The home and studio of renowned artist, June Harwood who's work helped establish the "Hard Edge" art movement of the late 50's and early 60's. located in the Footbridge Square neighborhood in the highly prized Carpenter School District. Two story great room, new distressed Hardwood Floors, French Doors, Rooftop Patio, Loft Bedroom, Sky Lights, Pool, New roof, freshly painted inside and out.


11539 Sunshine Terrace, Studio City

Sales Price:  $981,700

Days on Market: 16

Cost per foot:  $643

Square feet: 1526;  2 Beds/3 Baths. Special Notes:  A Spanish tree house, the main level has views from every room. Sunny living room flows to a massive deck that floats among the trees. Attached separate apartment perfect for home office.


3716 Laurel Canyon, Studio City

Sales Price:  $880.000

Days on Market: 117

Cost per foot:  $330

Square feet: 2667;  5 Beds/3 Baths. Special Notes:  Short sale with Maids/guest bed and bath on the first floor. 


4242 Vantage Ave, Studio City

Sales Price:  $815,000

Days on Market: 26

Cost per foot:  $552

Square feet: 1476;  2 Beds/2 Baths. Special Notes: Fixer in Footbridge Square sold for land value. 


4 New Listings Last Week in Studio City