Your Real Estate Market Update

Studio City, CA

Single-Family Homes

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



Studio City, CA

Tue Oct 15 2019
This week the median list price for Studio City, CA is $2,150,000 with the market action index hovering around 38. This is about the same as last month's market action index of 38. Inventory has held steady at or around 71. Click here to stay informed with the Studio City market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Studio City, CA

Tue Oct 15 2019
This week the median list price for Studio City, CA is $2,150,000 with the market action index hovering around 38. This is about the same as last month's market action index of 38. Inventory has held steady at or around 71. Click here to stay informed with the Studio City market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Slight Seller's Advantage

The market has not shown strong directional trends in terms of supply and demand. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as evidence.

Real-Time Market Profile

Never miss important changes in the Studio City market.
Median List Price $2,150,000
Per Square Foot $682
Days on Market 103
Price Decreased 42%
Price Increased 3%
Relisted 25%
Inventory 71
Median House Rent $5,495
Most Expensive $12,999,000
Least Expensive $7,995
Market Action Index
Slight Seller's Advantage
38

Price trends continued their recent uptrend this week. While still below the market’s price high-point, we’ve seen a nice run recently.

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
$4,295,000 5,598 0.5 - 1 acre 5 5 7 2 1 164
$2,674,500 3,980 8,000 - 10,000 sqft 5 4 11 3 4 65
$1,864,450 2,844 0.25 - 0.5 acre 4 2 62 0 3 90
$1,337,500 1,993 6,500 - 8,000 sqft 3 1 74 2 5 96