Studio City Real Estate Market Recap - Week Ending June 26, 2016

A weekly recap and behind the scenes look at what happened in Studio City real estate home sales for the week ending June 26, 2016.

95 active listings on the market in Studio City (up from 89 last week) - prices range from $749,000 to $5,995,000

  • Median price:  $1,649,000 (last week:  $1,699,000)
  • Average days on market: 73 (same as last week;  average cost per foot:  $610 (up from $605)
  • 31 homes for sale over $2,000,000 (down from 31)
  • 34 price reductions  (down from 36 last week)

Pending Home Sales: 51 (down from 55 last week)  - prices ranging from $600,000 to $2,500,000

  • 7 new pending sales last week (down from 14 last week)

8 Sold Listings (up from 5 last week)

  • Average Days on Market:  68 (↓)
  • Average Cost per foot:  $628 (↓) (↑)  
  • Median Price: $1,265,000 (last week: $1,850,000)

14 New Listings Last Week in Studio City

8 Sold Listing Last Week in Studio City