Studio City Real Estate Market Recap - Week Ending September 11, 2016

A weekly recap and behind the scenes look at what happened in Studio City real estate home sales for the week ending September 11, 2016.

100 active listings on the market in Studio City (up from 94) - prices range from $534,900 to $3,750,000

  • Median price:  $1,674,000 (last week: $1,649,475)
  • Average days on market: 71 (↓); average cost per foot:  $594 (↑)
  • 32 homes for sale over $2,000,000 (↑)
  • 44 price reductions  (unchanged)

Pending Home Sales: 41 (unchganged) - prices ranging from $715,000 to $3,100,000

  • 10 new pending sales last week (same as the previous week)

5 Sold Listings (6 the previous week)

  • Average Days on Market:  48 (↓)
  • Average Cost per foot:  $615 (↓)
  • Median Price: $1,800,000 (last week: $1,621,000)
Pending home sales down 58% in Studio City.

Pending home sales down 58% in Studio City.

13 New Listings Last Week in Studio City

5 Sold Listing Last Week in Studio City