Studio City Real Estate Market Recap - Week Ending June 14, 2015

A weekly recap and behind the scenes look at what happened in Studio City real estate home sales for the week ending 6/14/2015.  

Active Homes for Sale in Studio City: 84 (up from 83) - prices ranging from $715,000 to $4,900,000

  • Median price:  $1,796,000 (↑)
  • Average days on market:  46 (↑) ;  average cost per foot:  $586 (↑)
  • 5 luxury homes for sale over $3,000,000

Pending Home Sales:  61 (up from 59)  - prices ranging from $450,000 to $3,795,000

  • 12 new pending sales last week (6 last week)

3 Sold Listings (down from 9 last week):

  • Median Price: $904,000 (last week: $1,420,000)
  • Average days on market:  59 (↑)
  • Average cost per foot:  $552 

3 Sold Homes Last Week in Studio City

12435 Laurel Terrace, Studio City

Sales Price:  $1,030,000

Days on Market: 58

Cost per foot:  $588

3 beds/2 baths.  Classic 1925 English Tudor Home Full of Charm & Character. Secluded behind private hedges and gates in the Silver Triangle, South of the Boulevard, close to shops, restaurants, Fryman Canyon Trails, Entertainment Studios, Farmers Market & Carpenter Community Charter School. 

4333 Camellia, Studio City

Sales Price:  $904,000

Days on Market: 12

Cost per foot:  $469

4 beds/3 baths. Opportunity awaits with this 1940's classic storybook traditional located on a sweeping corner lot in the heart of Colfax Meadows; named by Los Angeles Magazine as One of the Ten Best Neighborhoods in L.A!  Perfect for the builder or developer.  

4376 Irvine, Studio City

Sales Price:  $790,000

Days on Market: 106

Cost per foot:  $628

3 beds/2 baths. Quaint Single Family Home is Located in the Prestigious and Highly Desirable Neighborhood of Colfax Meadows. Award Winning Schools, Colfax Elementary, Walter Reed Middle School, Carpenter Community Charter and Walking Distance to CBS/MTM Studios, and Ventura Blvd. 

10 New Listings Last Week in Studio City