Annette Colón

Studio City, CA 91604

Single-Family Homes

Real Estate Professional



Studio City, CA 91604

Mon May 17 2021
This week the median list price for Studio City, CA 91604 is $2,395,000 with the market action index hovering around 44. This is less than last month's market action index of 47. Inventory has decreased to 55. 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 started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its 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 91604

Mon May 17 2021
This week the median list price for Studio City, CA 91604 is $2,395,000 with the market action index hovering around 44. This is less than last month's market action index of 47. Inventory has decreased to 55. 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 started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its 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 $2,395,000
Median Price of New Listings $2,150,000
Per Square Foot $768
Average Days on Market 101
Median Days on Market 42
Price Decreased 31%
Price Increased 5%
Relisted 16%
Inventory 55
Median Rent $7,750
Market Action 44
Slight Seller's Advantage

The market has started cooling and prices have recently plateaued. Since we’re in the Seller’s zone, watch for changes in MAI. If the MAI resumes its climb, prices will likely follow suit. If the MAI drops consistently or falls into the Buyer’s zone, watch for downward pressure on prices.

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
$3,888,000 5,030 0.25 - 0.5 acre 5 6 44 2 2 77
$2,924,500 3,617 0.25 - 0.5 acre 5 5 45 2 2 59
$2,024,499 3,044 6,500 - 8,000 sqft 5 3 56 3 1 21
$1,568,500 2,006 8,000 - 10,000 sqft 3 2 66 2 1 21