Quick Takeaways

  • Momentum strengthened: closed volume and median prices both climbed double-digits month-over-month.

  • Buyers slowed their pace, with average days on market rising by nearly two weeks.

  • Luxury listings drove the jump, led by several high-end sales north of Ventura.

  • Active inventory held steady, keeping the market balanced but competitive.

Market Insights

  • The price-per-foot surge signals buyers’ willingness to pay premiums for renovated or design-driven homes.

  • Fewer pending listings point to a quieter November pipeline, suggesting activity may cool slightly into year-end.

  • For sellers, presentation and pricing precision remain key—homes that show well are still commanding top dollar even as timelines stretch.

Quick Takeaways

  • Sales volume rose, even with slightly lower prices and fewer listings.

  • Homes took twice as long to sell, reflecting a slower but steadier fall market.

  • Price per square foot jumped nearly 10%, proving that design, updates, and presentation still drive premium results.

  • Inventory tightened, keeping Studio City in a balanced position heading into year-end.

Market Insights

Buyers are still active but more discerning, creating a longer negotiation window for sellers. Despite modest price softening, quality homes continue to outperform — particularly architectural and mid-century listings near Fryman Canyon, Wrightwood Estates, and Colfax Meadows. Expect a steady Q4 with slower pacing but continued strength in Studio City’s design-led market.

Want to remember why Studio City buyers are drawn here? Here’s a local lifestyle piece.

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