Studio City Real Estate Market Recap - Week Ending October 2, 2016

A weekly recap and behind the scenes look at what happened in Studio City real estate home sales for the week ending October 2, 2016.

Our Studio City Neighbors cover story - August 2016

Our Studio City Neighbors cover story - August 2016

  • Average days on market: 76 (↓)
  • Average cost per foot:  $592 (↑)
  • 32 homes for sale over $2,000,000 (↓)
  • 37 price reductions (↓)

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

  • 9 new pending sales last week (down from 13 last week)

10 Sold Listings (5 the previous week)

  • Average Days on Market:  45 (↑)
  • Average Cost per foot:  $655 (↑)
  • Median Price: $1,892,500 (last week: $1,125,000)
Months supply of inventory up 73% in Studio City

Months supply of inventory up 73% in Studio City

Pending sales down 45% in Studio City

Pending sales down 45% in Studio City

6 New Listings Last Week in Studio City

10 Sold Listing Last Week in Studio City