Studio City Real Estate Market Recap - Week Ending February 7, 2016

A weekly recap and behind the scenes look at what happened in Studio City real estate home sales for the week ending 2/7/2016.

Active Homes for Sale in Studio City: 68  (up from 63 last week) - prices ranging from $849,900 to $8,500,000

  • Median price:  $1,844,500 (↑)
  • Average days on market: 68(↑);  average cost per foot:  $637 (↓)
  • 28 homes for sale over $2,000,000 (↑)
  • 19 price reductions (up from 15 last week)

Pending Home Sales: 34 (down from 35)  - prices ranging from $750,000 to $3,500,000

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

6 Sold Listings (up from 4 last week):

  • Median Price: $1,287,000(last week: $1,183,850)
  • Average days on market:  37 (↓)
  • Average cost per foot:  $578 (↑)

6 Sold Listings Last Week in Studio City

3830 Goodland, Studio City

Sales Price:  $2,750,000

Days on Market: 65

Cost per foot:  $573

Square feet: 4800; 6 Beds/7 Baths. Special Notes:  Gated & set back from the street, South of the Blvd, on an oversized private lot. Wire brushed French oak floors run seamlessly throughout the home. All bedrooms are en-suite. Living room w/ high coffered ceilings & a large gas firepl. Main floor office that could be 6th bedroom + main floor bedroom. The kitchen is open & bright & has a huge center island, beautiful white Carrera marble counter tops, all Viking appliances, Prep sink, butler's pantry & wine fridge. Open to the kitchen is a large family room w/ open beam ceilings, fireplace& sliding pocket doors to the back yard. There are 4 bedrooms upstairs including a 2nd master that is set up as a TV room with valley/mountain views & back yard access. 


4252 Beck, Studio City

Sales Price:  $2,390,000

Days on Market: 0

Cost per foot:  $646

Square feet: 3700;  5 Beds/6 Baths. Special Notes:  Sold before processing.


13037 Greenleaf, Studio City

Sales Price:  $1,260,000

Days on Market: 90

Cost per foot:  $584

Square feet: 2158;  3 Beds/3 Baths. Special Notes:   This south-of-boulevard home bursting with upgrades including hardwood floors, recessed lighting, designer paint, and dual pane windows. Fully updated kitchen features granite counters, custom cabinets, and all stainless appliances. Master suite features large walk-in closet with custom built-ins and en-suite bathroom with dual sinks and Jacuzzi tub. Downstairs family room, which can be used as a 4th bedroom, offers the ¾ bathroom, workspace area, and French doors opening to the yard. Just a short distance to award winning Dixie Canyon Charter Elementary School.


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4219 Kraft, Studio City

Sales Price:  $1,240,000

Days on Market: 0

Cost per foot:  $624

Square feet: 1988;  3 Beds/3 Baths. Special Notes:  Sold before processing.


4540 Beck, Studio City

Sales Price:  $1,120,000

Days on Market: 44

Cost per foot:  $532

Square feet: 4400;  5 Beds/6 Baths. Special Notes: Single level fixer on rare spacious lot just a few blocks from Tujunga Village. Current 4 bedroom floor plan includes a  country eat-in kitchen,  family room with slate floor & impressive stone fireplace wall, formal living room with  towering stone fireplace & separate formal dining room that opens to builtin bbq patio. Oversize garage includes a workshop & oversized lot includes thriving fruit trees. 


3862 Ridgemoor Drive, Studio City

Sales Price:  $590,000

Days on Market: 23

Cost per foot:  $500

Square feet: 1181;  2 Beds/1 Baths. Special Notes:  Short sale- price, property has substantial damages.


6 New Listings Last Week in Studio City