Studio City Real Estate Market Sees Sales Down

While home sales in the Studio City market have been above average, in this week's report they dropped 9.8% to 55 homes sold over the last 30 days. On the other hand, the close-by Northridge neighborhood registered 75 homes sold in those same 30 days, the most of all surrounding neighborhoods. The median sales price in Studio City rose to $1,089,250 while months of inventory spiked to four.

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Demographic facts about Studio City:

  • The rating for this area for population growth is 61. (Scale: 1 = Worst, 100 = Best)
  • For every 100,000 people there are 257.5 physicians.
  • The health cost index score in this area is 110.6. (100 = national average)
  • 78.8% of the residents travel to work in an automobile, 6.2% via carpool, and 2.1% by way of public transit.

Data reported through 10/19/2016

Comments:

Ask a local expert about this area:
Keller Williams Realty Los Feliz
3 reviews
Keller Williams - Bre Lic#01964370
Snapped 8 homes in this area
Teles Properties, Inc.
Snapped 1 home in this area

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