Studio City Real Estate Market Recap - Week Ending April 26, 2015

A weekly recap and behind the scenes look at what happened in Studio City real estate home sales for the week ending 4/26/2015.  

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:  71  (↑)
  • Average cost per foot:  $578 (↓)

11 New Listings this Week in Studio City