A weekly recap and behind the scenes look at what happened in Studio City real estate home sales for the week ending 9/27/2015.
Active Homes for Sale in Studio City: 105 (up from 104 last week) - prices ranging from $799,000 to $6,750,000
- Median price: $1,699,000 (↑)
- Average days on market: 64 (↑); average cost per foot: $582 (↓)
- 7 luxury homes for sale over $3,000,000 (8 last week)
- 46 price reductions (44 last week)
Pending Home Sales: 42 (same as last week) - prices ranging from $715,000 to $2,999,000
- 7 new pending sales last week (same as last week)
5 Sold Listings (down from 12 last week):
- Median Price: $1,942,500 (last week: $1,297,450)
- Average days on market: 76 (↑)
- Average cost per foot: $529 (↓)
5 Sold Listings Last Week in Studio City
4228 Rhodes, Studio City
Sales Price: $1,680,000
Days on Market: 43
Cost per foot: $509
Square feet: 3298 Beds 4/Baths 5
Special Notes: House designed by well known architect Richard Olander. Wonderful location in Footbridge Square Neighborhood.
12433 Kling St, Studio City
Sales Price: $1,942,500
Days on Market: 97
Cost per foot: $353
Square feet: 5500 Beds 5/Baths: 6
Special Notes: New Construction, Cape Cod Smart Home.
4343 Bellingham, Studio City
Sales Price: $1,915,000
Days on Market: 85
Cost per foot: $479
Square feet: 4000 Beds 5/Baths: 6
Special Notes: New construction Traditional in Footbridge Square and Carpenter School District.
4421 Laurelgrove, Studio City
Sales Price: $2,020,000
Days on Market: 80
Cost per foot: $585
Square feet: 3454 Beds 5/Baths: 5
Special Notes: Modern completely rebuilt with open spaces, walls of glass, and great indoor/outdoor flow.
11472 Laurelcrest Drive, Studio City
Sales Price: $2,590,000
Days on Market: 76
Cost per foot: $886
Square feet: 2922 Beds 3/Baths: 3
Special Notes: Modern architectural with amazing valley views, large flat lot and very private with lush landscaping.