Local Market Report

Studio City, CA

Single-Family Homes



Studio City, CA

Wed Feb 21 2024
This week the median list price for Studio City, CA is $2,999,000 with the market action index hovering around 40. This is an increase over last month's market action index of 38. Inventory has decreased to 47. 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 continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Studio City, CA

Wed Feb 21 2024
This week the median list price for Studio City, CA is $2,999,000 with the market action index hovering around 40. This is an increase over last month's market action index of 38. Inventory has decreased to 47. 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 continues to get hotter. More sales demand and fewer homes listed have contributed to a relatively long run of increasing prices. Current supply and demand levels show no sign of prices changing from their current trend.

Real-Time Market Profile

Never miss important changes in the Studio City market.
Median List Price $2,999,000
Median Price of New Listings $2,295,000
Per Square Foot $983
Average Days on Market 102
Median Days on Market 70
Price Decreased 36%
Price Increased 4%
Relisted 30%
Inventory 47
Median Rent
Market Action 40
Slight Seller's Advantage

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
$8,495,000 6,218 0.5 - 1 acre 6 6.5 33 0 0 77
$3,472,500 3,802 8,000 - 10,000 sqft 5 4.8 46 0 2 84
$2,472,000 2,698 0.25 - 0.5 acre 4 3.3 71 1 0 63
$1,562,499 1,768 8,000 - 10,000 sqft 3 2.3 71 0 3 56