Pango Group

Studio City, CA

Single-Family Homes

www.pangogroup.com



Studio City, CA

Sun Mar 03 2024
This week the median list price for Studio City, CA is $2,999,000 with the market action index hovering around 38. This is less than last month's market action index of 40. Inventory has held steady at or around 51. 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

Sun Mar 03 2024
This week the median list price for Studio City, CA is $2,999,000 with the market action index hovering around 38. This is less than last month's market action index of 40. Inventory has held steady at or around 51. 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 $2,999,000
Median Price of New Listings $1,975,000
Per Square Foot $988
Average Days on Market 99
Median Days on Market 70
Price Decreased 33%
Price Increased 6%
Relisted 29%
Inventory 51
Median Rent
Market Action 38
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
$6,997,000 6,015 0.5 - 1 acre 6 6.5 25 0 0 80
$3,450,000 3,835 6,500 - 8,000 sqft 5 4.5 39 2 0 70
$2,199,000 2,557 0.25 - 0.5 acre 4 3 70 1 1 63
$1,625,000 1,809 8,000 - 10,000 sqft 3 2.5 73 4 2 35