Studio City Real Estate Market Recap - Week Ending September 18, 2016

A weekly recap and behind the scenes look at what happened in Studio City real estate home sales for the week ending September 18, 2016.

99 active listings on the market in Studio City (down from 100) - prices range from $750,000 to $3,750,000

  • Median price:  $1,699,000 (last week: $1,674,000)
  • Average days on market: 79 (↑); average cost per foot:  $597 (↑)
  • 34 homes for sale over $2,000,000 (↑)
  • 45 price reductions (↑)

Pending Home Sales: 45 (↑) prices ranging from $549,500 to $4,650,000

  • 13 new pending sales last week (up from 10 the previous week)

6 Sold Listings (5 the previous week)

  • Average Days on Market:  32 (↓)
  • Average Cost per foot:  $677 (↑)
  • Median Price: $1,267,500 (last week: $1,800,000)
Average Days on Market up 26% in Studio City

Average Days on Market up 26% in Studio City

12 New Listings Last Week in Studio City

5 Sold Listing Last Week in Studio City