Annette Colón

Studio City, CA 91604

Single-Family Homes

Real Estate Professional



Studio City, CA 91604

Wed Sep 22 2021
This week the median list price for Studio City, CA 91604 is $2,349,500 with the market action index hovering around 51. This is about the same as last month's market action index of 51. Inventory has decreased to 42. 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.

Strong Seller's Market

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Studio City, CA 91604

Wed Sep 22 2021
This week the median list price for Studio City, CA 91604 is $2,349,500 with the market action index hovering around 51. This is about the same as last month's market action index of 51. Inventory has decreased to 42. 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.

Strong Seller's Market

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Studio City market.
Median List Price $2,349,500
Median Price of New Listings $2,199,000
Per Square Foot $835
Average Days on Market 95
Median Days on Market 42
Price Decreased 38%
Price Increased 5%
Relisted 14%
Inventory 42
Median Rent $7,625
Market Action 51
Strong Seller's Market

The market remains in a relative stasis in terms of sales to inventory. Prices have not been moving higher for several weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up persistently, prices are likely to resume an upward climb.

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 5,155 0.25 - 0.5 acre 5 4 39 1 0 73
$2,945,000 3,487 0.25 - 0.5 acre 5 4 60 3 2 45
$2,099,000 3,200 8,000 - 10,000 sqft 4 3 53 3 1 42
$1,395,000 1,750 4,500 - 6,500 sqft 3 2 73 4 3 28