Your Real Estate Market Update

Studio City, CA

Single-Family Homes

Arminé Ghevian ♦ 818-389-4465 ♦ DRE: 00945233



Studio City, CA

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Studio City, CA

Market Action Index

The Market Action Index answers the question "How's the Market?" by measuring the current rate of sale versus the amount of the inventory. Index above 30 implies Seller's Market conditions. Below 30, conditions favor the buyer.

Today
Last Month

Slight Seller's Advantage

The market has been cooling over time and prices have recently flattened. Despite the consistent decrease in Market Action Index (MAI), we’re in a Seller’s Market (where significant demand leaves little inventory available). If the MAI begins to climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

Real-Time Market Profile

Never miss important changes in the Studio City market.
Median List Price $2,049,499
Per Square Foot $745
Days on Market 93
Price Decreased 47%
Price Increased 0%
Relisted 23%
Inventory 88
Median House Rent
Most Expensive $8,598,000
Least Expensive $799,000
Market Action Index
Slight Seller's Advantage
35

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$3,895,000 5,025 0.5 - 1 acre 5 4 55 1 2 129
$2,396,500 3,262 0.25 - 0.5 acre 4 3 54 2 1 103
$1,774,500 2,510 8,000 - 10,000 sqft 4 2 62 5 3 68
$1,299,450 1,953 6,500 - 8,000 sqft 3 1 68 4 3 73