A weekly recap and behind the scenes look at what happened in Studio City real estate home sales for the week ending 2/14/2016.
Active Homes for Sale in Studio City: 69 (up from 68 last week) - prices ranging from $849,900 to $8,500,000
- Median price: $1,789,400 (↓)
- Average days on market: 69(↑); average cost per foot: $647 (↑)
- 25 homes for sale over $2,000,000 (↓)
- 17 price reductions (down from 19 last week)
Pending Home Sales: 39 (up from 34) - prices ranging from $750,000 to $3,500,000
- 7 new pending sales last week (up from 6 last week)
3 Sold Listings (down from 6 last week):
- Median Price: $1,999,000 (last week: $1,287,000)
- Average days on market: 62 (↑)
- Average cost per foot: $485 (↓)
3 Sold Listings Last Week in Studio City
12808 Halkirk, Studio City
Sales Price: $2,060,000
Days on Market: 45
Cost per foot: $528
Square feet: 3900; 6 Beds/6 Baths. Special Notes: Modern Restoration of a 1930's English Country Celebrity Estate. A touch of old world class mixed with all of today's updated amenities. Beautifully fenced & gated landscaped front yard, master retreat + attached office area and separate rec room/Guest Unit. New Chef's Kitchen w/Sub Zero, 36" Wolf & quartz stone counters that opens to the family room and entertainer's yard with pool, BBQ/Outdoor Bar area, and grassy play area.
4612 Van Noord, Studio City
Sales Price: $1,999,000
Days on Market: 92
Cost per foot: $439
Square feet: 4554; 5 Beds/6 Baths. Special Notes: Brand new custom built home includes the rare amenity of a detached 3-car garage with separate entrance & a huge entertainer's backyard. Quality construction & attention to detail, contemporary design, entertainer's backyard with pool & spa, covered outdoor space & gas fire-pit, drought tolerant landscaping & circular driveway, make this home truly unique. 9500+ foot lot, Nest thermostats, multi-zone audio system, chef's kitchen, Sub-zero/Wolf appliances, high end designer light fixtures & "smart home" capabilities.
11400 Dona Pegita Drive, Studio City
Sales Price: $1,210,000
Days on Market: 50
Cost per foot: $487
Square feet: 2483; 3 Beds/3 Baths. Special Notes: Mid Century Modern, single story home loaded with enormous potential. Situated in the Dona's streets of Studio City, this home is waiting for the right owner to re-energize it.