Nicole Costas' Market Report

Studio City, CA

Single-Family Homes

DRE #01049913 | 323-630-6976 |nicole.costas@compass.com



Studio City, CA

Fri Mar 29 2024
This week the median list price for Studio City, CA is $3,225,000 with the market action index hovering around 39. This is an increase over last month's market action index of 38. Inventory has decreased to 48. 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 achieved a relative stasis point in terms of supply and demand - conditions don’t seem to be getting hotter or cooler. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as a result.

Studio City, CA

Fri Mar 29 2024
This week the median list price for Studio City, CA is $3,225,000 with the market action index hovering around 39. This is an increase over last month's market action index of 38. Inventory has decreased to 48. 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 achieved a relative stasis point in terms of supply and demand - conditions don’t seem to be getting hotter or cooler. However, inventory is sufficiently low to keep us in the Seller’s Market zone and prices have been moving upward as a result.

Real-Time Market Profile

Never miss important changes in the Studio City market.
Median List Price $3,225,000
Median Price of New Listings $3,295,000
Per Square Foot $992
Average Days on Market 103
Median Days on Market 67
Price Decreased 33%
Price Increased 2%
Relisted 21%
Inventory 48
Median Rent
Market Action 39
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
$6,885,000 6,015 0.5 - 1 acre 6 6.5 14 2 0 73
$3,499,999 3,545 0.25 - 0.5 acre 5 4.3 59 3 2 42
$2,624,500 2,607 0.25 - 0.5 acre 4 3.5 66 1 3 98
$1,562,000 1,604 8,000 - 10,000 sqft 3 2 71 0 2 45