Studio City Real Estate Market Recap - Week Ending April 19, 2015

A weekly recap and behind the scenes look at what happened in Studio City real estate home sales for the week ending 4/19/2015.  For details on last week's real estate sales, click here.

Active Homes for Sale in Studio City: 65 (down from 66) - prices ranging from $715,000 to $6,000,000

  • Median price:  $1,699,000
  • Average days on market:  44(↑) ;  average cost per foot:  $581 (↓)
  • 5 luxury homes for sale over $3,000,000; average cost per foot: $836 (↑), average days on market: 64 ()
  • 15 homes for sale from $2 to $3 million - average cost per foot - $611 (), average days on market:  51 ()

Pending Home Sales:  53 (up from 52)  - prices ranging from $399,000 to $3,942,000

  • Average cost per foot on pending home sales:  $544 (↑)
  • Average days on market on pending homes: 58 (↓)

6 Sold Listings (down from 11 last week):

  • Median Price: $1,262,500 ()
  • Average days on market:  35 
  • Average cost per foot:  $585 ()

4350 Lemp, Studio City

Sales Price:  $2,575,000

Days on Market: 33

Cost per foot:  $602

5 beds/6 baths.   2015 Nantucket Cape Cod in one of the most prestigious streets in the highly sought after "Colfax Meadows" named by Los Angeles Magazine as One of the Ten Best Neighborhoods in L.A. Fully integrated Control 4 Smart Home, 

4275 Farmdale, Studio City

Sales Price:  $2,435,000

Days on Market: 48

Cost per foot:  $637

5 beds/6baths.   Newly constructed East Coast Traditional. Colfax Meadows, One of the Ten best Neighborhoods in L.A. as stated by LA Magazine; in the Carpenter Charter School District, & moments from famed Tujunga Village. Open to the terrace, waterfall, pool & spa; an ideal flow for entertaining. 

3781 Mound View, Studio City

Sales Price:  $1,375,000

Days on Market: 13

Cost per foot:  $650

3 beds/2 baths.    Stylishly renovated & charming traditional in Studio City's coveted Silver Triangle neighborhood. Loads of light & great flow throughout. 2 car detached & finished garage complete with vaulted ceilings. Enjoy best of Studio City-Walk to shops & Farmer's Market- Carpenter Elem School District.

4510 Radford, Studio City

Sales Price:  $1,150,000

Days on Market: 48

Cost per foot:  $511

3 beds/3 baths.   Prime Studio City/Valley Village sprawling Ranch home set on approximately 9000 sf lot. Amazing opportunity to live in popular Colfax Charter School/Walter Reed school dist.  Resort-like yard includes black bottom pool, waterfall, lily pond, food prep area, fire pit and grassy yard. Large Attached garage could make great studio/playroom/office 

4242 Elmer, Studio City

Sales Price:  $1,060,000

Days on Market: 14

Cost per foot:  $543

3 beds/2 baths. Close to: Tujunga Village shops, cafes and boutiques - Woodbridge Park with kids playground - Major Studio's and Ventura Blvd. Picturesque tree lined street. Corner lot. Minutes to the Westside of town. 3 Bed rooms, 2 Bath rooms, Enclosed Patio / Game room, Eat in kitchen, Laundry room. 1953 Sq.Ft. Beautifully Landscaped rear yard. 

11561 Laurelcrest Drive, Studio City

Sales Price:  $885,000

Days on Market: 55

Cost per foot:  $483

2 beds/3 baths.    Perched in a scenic residential area, features incredible views of San Fernando Valley. Home has a lovely kitchen, dining room, bedroom and full bath on the entry level with 2 bedrooms downstairs and a huge living room with high ceilings and a fireplace. Both levels offer outstanding views and a balcony to entertain.