Studio City Real Estate Market Recap - Week Ending September 21, 2015

A weekly recap and behind the scenes look at what happened in Studio City real estate home sales for the week ending 9/21/2015.  

Active Homes for Sale in Studio City: 104 (up from 100 last week) - prices ranging from $799,000 to $6,750,000

  • Median price:  $1,699,000 (↑) 
  • Average days on market: 60 (↓) ;  average cost per foot:  $586 (↑)
  • 8 luxury homes for sale over $3,000,000 (same as 5 last week)
  • 44 price reductions (same as last week)

Pending Home Sales: 42 (up from 39 last week)  - prices ranging from $715,000 to $2,999,000

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

12 Sold Listings (up from 4 last week):

  • Median Price: $1,297,450  (last week: $1,450,000)
  • Average days on market:  67 (↑)
  • Average cost per foot:  $594 (↓)

12 Sold Listings Last Week in Studio City

11554 Kelsey, Studio City

Sales Price:  $2,775,000

Days on Market: 89

Cost per foot:  $738

Square feet:  3760  Beds:  5  Baths:  6

Special Notes:  Built 1934, 28,000 square foot lot in Colfax Meadows.


4114 Farmdale, Studio City

Sales Price:  $2,110,000

Days on Market: 160

Cost per foot:  $545

Square feet:  3872   Beds:  5  Baths:  5

Special Notes: New construction, with plans for a pool.


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4256 Riverton, Studio City

Sales Price:  $1,700,000

Days on Market: 114

Cost per foot:  $486

Square feet: 3500 Beds:  5  Baths:  6

Special Notes: Custom built by the Azuman Brothers in 2015.


3184 Dona Sarita Place, Studio City

Sales Price:  $1,430,000

Days on Market: 134

Cost per foot:  $643

Square feet:  2225  Beds:  4 Baths:  3

Special Notes: Large flat lot in The Donas with all new systems.


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12409 Landale, Studio City

Sales Price:  $1,350,000

Days on Market: 21

Cost per foot:  $624

Square feet:  2165  :Beds:  3  Baths:  3

Special Notes: 12,000 square foot lot, remodeled guest house and pool.


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3876 Reklaw, Studio City

Sales Price:  $1,299,900

Days on Market: 9

Cost per foot:  $929

Square feet:  1400. Beds: 2/Baths: 2

Special Notes: Turnkey Mid-century in the hills with pool, new deck, and plans to convert garage to guest house.


3682 Goodland, Studio City

Sales Price:  $1,295,000

Days on Market: 36

Cost per foot:  $606

Square feet: 2138.  Beds: 3  Baths: 2

Special Notes: Traditional with very large lot.


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4013 Alta Mesa, Studio City

Sales Price:  $1,100,000

Days on Market: 105

Cost per foot:  $460

Square feet:  2391 .  Beds: 3  Baths: 3

Special Notes: Recently remodeled.  


12502 Landale, Studio City

Sales Price:  $980,000

Days on Market: 47

Cost per foot:  $538

Square feet:  Beds: 3  Baths: 2

Special Notes:  Brand new roof and replastered pool.


12419 Valleyheart Drive, Studio City

Sales Price:  $965,550

Days on Market: 14

Cost per foot:  $

Square feet:  Beds: 3  Baths: 2

Special Notes: Traditional in Footbridge Square, great starter home with all new systems.


12823 Milbank, Studio City

Sales Price:  $865,000

Days on Market: 8

Cost per foot:  $

Square feet:  Beds: 2  Baths: 1

Special Notes: Fixer near Beeman Park.  Sold as-is.  Expand, remodel or teardown.


12504 Kling, Studio City

Sales Price:  $850,000

Days on Market: 67

Cost per foot:  $395

Square feet: Beds: 2  Baths: 2

Special Notes: Converted garage, 10,000+ square foot lot.  Pool and spa.


New Listings Last Week in Studio City