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

A weekly recap and behind the scenes look at what happened in Studio City real estate home sales for the week ending 9/13/2015.  

Active Homes for Sale in Studio City: 100(down from 102 last week) - prices ranging from $795,000 to $6,750,000

  • Median price:  $1,672,000 (↓) 
  • Average days on market: 60 (↓) ;  average cost per foot:  $585 (↑)
  • 8 luxury homes for sale over $3,000,000 (up from 5 last week)
  • 44 price reductions (down from 45 last week)

Pending Home Sales: 39 (down from 40 last week)  - prices ranging from $715,000 to $2,850,000

  • 10 new pending sales last week (down from 10 last week)

4 Sold Listings (down from 7 last week):

  • Median Price: $1,450,000 (last week: $1,460,000)
  • Average days on market:  53 (↑)
  • Average cost per foot:  $728 (↑)

4 Sold Listings Last Week in Studio City

3430 Wrightwood Drive, Studio City

Sales Price:  $2,500,000

Days on Market: 78

Cost per foot:  $833

4 beds/4 baths. Mid-Century modern home tucked away in the Wrightwood Estates.  Private compound on almost an acre of land with large flat yard, saltwater pool, 3 car garage and great views.  


12114 Maxwellton, Studio City

Sales Price:  $1,750,000

Days on Market: 35

Cost per foot:  $541

4 beds/4 baths.  This immaculately maintained home is located in the heart of Studio City's coveted "Silver Triangle" pocket and only minutes to Carpenter Elementary as well as fabulous stores and restaurants on Ventura Blvd. Feel the warm ambiance as you enter into the open living room with fireplace and soaring 2 story ceiling. You'll find an inviting formal dining room and more than ample sized rooms throughout. Kitchen is bright and cheery with walk-in pantry, Bosch dishwasher and counter seating plus breakfast nook. Family room includes built in wall bookcase. You will also discover 4 bedrooms (1 downstairs), and 4 baths, plus an over sized loft area with separate office alcove. Hardwood floors are featured throughout the downstairs living areas. Master bedroom with fireplace and balcony is quite spacious, along with its wonderful walk in closet. Low maintenance backyard with lush and mature landscape accent the inviting Pool and Spa area. 


4146 Beck Ave, Studio City

Sales Price:  $1,150,000

Days on Market: 42

Cost per foot:  $930

2 beds/1 baths.  Sold for land value.


12164 Viewcrest Road, Studio City

Sales Price:  $1,101,000

Days on Market: 55

Cost per foot:  $755

3 beds/2 baths.  Charming 1941 Cape Code nestled in  prime Studio City's Silver Triangle. Hardwood floors throughout, two fireplaces, huge kitchen, breakfast area, and formal dining room, private yard with mature trees, oversized 2-Car garage detached garage. Great neighborhood in the Carpenter Elementary School District and a block from beautiful Wilacre Park


New Listings Last Week in Studio City