Studio City Real Estate Market Recap - Week Ending October 16, 2016

A weekly recap and behind the scenes look at what happened in Studio City real estate home sales for the week ending October 16, 2016.


  • Average days on market: 76 (↓)
  • Average cost per foot:  $610 (↑)
  • 27 price reductions (↓)

Pending Home Sales: 54 (up from 50) prices ranging from $534,900 to $4,299,950

  • 5 new pending sales last week (down from 12 last week)

5 Sold Listings (same as last week)

  • Average Days on Market:  43 (↑)
  • Average Cost per foot:  $617 (↑) from $509
  • Median Price: $1,355,000 (last week: $924,000)

 


Pending sales down 11% in Studio City in September

Pending sales down 11% in Studio City in September

Months supply of inventory up 19% in Studio City in September 

Months supply of inventory up 19% in Studio City in September 

 

7 New Listings Last Week in Studio City

6 Sold Listing Last Week in Studio City